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Politics vs the economy? When policy uncertainty curbs economic growth


Steven J. Davis
The University of Chicago Booth School of Business

Öppna seminarier

Meet Steven J. Davis, Professor of International Business and Economics at the University of Chicago Booth School of Business. Davis research focuses on the relation between policy uncertainty and economic growth. He is co-founder of the Economic Policy Uncertainty Index, which measures economic uncertainty and its impact on production, investment and employment.

Davis and his collaborators find that an increase in policy uncertainty equal to the actual US increase from 2005-06 to 2011-12 foreshadows declines of about 6% in gross investment, 1.2% in output and 0.35% in employment.

What is the Swedish picture – in terms of the EPU Index? Has political uncertainty curbed growth? What drives the uncertainty? Does the political system need to be reformed to limit uncertainty? Is this ultimately a question of politics vs. the economy?

At the seminar Steven Davis will discuss these issues with Ulf Kristersson, Economic Policy Spokesperson of the Moderate Party, Max Elger, State Secretary to Minister for Finance Magdalena Andersson, and John Hassler, Professor IIES and Chairman of the Swedish Fiscal Policy Council. Journalist Mia Odabas will moderate the talk.


Wednesday, December 16, 2015 at 8.30–10.00 am. Registration and coffee (& sandwich) starts at 8.00.


Näringslivets Hus, Storgatan 19, Stockholm.

The seminar is fully booked. However, if you wish to be added to our waiting list, please send an email to

The seminar is free of charge, though by cancellation after December 13, an administrative fee of SEK 200 will apply.

Institutet för Näringslivsforskning, Grevgatan 34 - 2 tr, Box 55665, SE-102 15 Stockholm, Sweden | Tel: +46-(0)8-665 45 00 |