Trade Policy Uncertainty
Working Paper 29672
DOI 10.3386/w29672
Issue Date
Trade policy uncertainty (TPU) has become an important source of economic uncertainty and research. We review the main sources and measures of TPU. We then provide a conceptual framework for modeling TPU and methods of estimating and quantifying its effects. We analyze its role in trade agreements and discuss open questions for future research.
Published Versions
Kyle Handley & Nuno Limão, 2022. "Trade Policy Uncertainty," Annual Review of Economics, vol 14(1). citation courtesy of