Noailly, Joëlle; Nowzohour, Laura; Heuvel, Matthias van den - National Bureau of Economic Research - 2022
uncertainty (EnvPU) available on a monthly basis over the 1990-2019 period. We find that our EnvPU index spikes during the …-and-trade climate bill and during the Trump presidency. We examine how elevated levels of environmental policy uncertainty relate to … energy exchange-traded fund. Overall, our results are consistent with the notion that policy uncertainty has adverse effects …