| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15479 |
| DP15479 Economic Uncertainty and Divisive Politics: Evidence from the "dos Españas" | |
| Sandra Garcia-Uribe; Hannes Mueller; Carlos Sanz | |
| 发表日期 | 2020-11-20 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This article exploits two newspaper archives to track economic policy uncertainty in Spain in 1905-1945, a period of extreme political polarization. We find that the outbreak of the civil war in 1936 was anticipated by a striking upward level shift of uncertainty in both newspapers. We study the dynamics behind this shift and provide evidence of a strong empirical link between increasing uncertainty and the rise of divisive political issues at the time: socio-economic conflict, regional separatism, power of the military, and role of the church. This holds even when we exploit variation in content at the newspaper level. |
| 主题 | Economic History ; Macroeconomics and Growth |
| URL | https://cepr.org/publications/dp15479 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544475 |
| 推荐引用方式 GB/T 7714 | Sandra Garcia-Uribe,Hannes Mueller,Carlos Sanz. DP15479 Economic Uncertainty and Divisive Politics: Evidence from the "dos Españas". 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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