When politicians speak, markets respond—and they respond even when there's no concrete action taken by politicians. We know policy uncertainty matters, but how do we measure it? And how can we gauge its impact?
The Big Question is a monthly video series from Capital Ideas at Chicago Booth. Every month, we ask Booth faculty and invited guests for their perspectives on important issues. We cover a broad range of themes, from the US economy to the fate of the euro, from political polarization to the future of retail, and all points in between. For intelligent, thought-provoking, in-depth discussion, join us every month for the Big Question. And, join the conversation on Twitter with @BoothCapIdeas #BoothBigQ.