Venue: National Institute of Economic and Social Research (NIESR), 2 Dean Trench Street, Smith Square, London, SW1P 3HE.
UK businesses are facing elevated levels of uncertainty associated with the UK’s exit from the EU, exacerbated by rising global trade tensions and geopolitical risks. The workshop will cover recent work on the measurement of uncertainty and eliciting business-level expectations from large-scale surveys in the US and UK. We will discuss the causes and effects of changes in expectations and uncertainty at the business-level and the implications for the aggregate economy.