We revisit previous influential studies that show a seemingly robust relationship between economic uncertainty and corporate investment. We conduct analysis with a comprehensive list of 27 distinct uncertainty measures, rigorous controls based on 128 variables, and consideration of intangible...

Given the strict censorship in China, would tweets about Chinese economic policy uncertainty by global Twitter users contain valuable information above and beyond existing indices? We construct novel daily and monthly frequency "censorship-free" indices of Twitter-based Chinese economic policy...

I examine which economic uncertainty measures matter for the cross-section of corporate bond returns using 40 corporate bond portfolios for a long period from 1973 to 2020. Out of a comprehensive list of 24 economic uncertainty measures, I find that tax policy uncertainty is the most significant...