Uncertainty triggered by government policy may have played a large role in the U.S. economy’s slow recovery from the Great Recession. Whether or not it is the leading cause of the sluggishness, regime uncertainty is a powerful idea that adds nuance to the theory of market process.
Referens:
von Laer, Wolf och Adam G. Martin (2016),
"Regime Uncertainty and the Great Recession: A Market-Process Approach".
Independent Review
20(4),
547–568.