FRB,IFDP Paper: Foreign economic policy uncertainty and U.S. equity returns
IFDP Paper: Foreign Economic Policy Uncertainty and U.S. Equity Returns Publication Date: 2024-12-03 17:40 Source: FRB Abstract: This paper investigates the impact of foreign economic policy uncertainty (FEPU) on U.S. equity returns. Using a novel index of FEPU, the authors find that increased FEPU: Leads to significant declines in U.S. equity returns Has a negative … Read more