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Living in an uncertain world: More uncertainty data in FRED
We’ve recently looked at different ways to measure uncertainty in the U.S. economy. Today, we look at international data on economic and policy uncertainty. While U.S.-level data were measured by looking at what newspapers report, the international data are based on quarterly reports from the Economist Intelligence Unit in each country. Having a single source for each country means one must be careful in interpreting the data: It contains quite a bit of noise, and there may be some idiosyncrasies for each country that make cross-country comparisons difficult: A report may focus on one particular aspect of a ... (full story)