Equity Market Volatility: Infectious Disease Tracker

Observations

Feb 2025: 6.85696

Updated: Mar 5, 2025 8:01 AM CST

Units:

Index,

Not Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Equity Market Volatility: Infectious Disease Tracker	2020-05-08	2025-03-05

Source

Baker, Scott R.	2020-05-08	2025-03-05
Bloom, Nick	2020-05-08	2025-03-05
Davis, Stephen J.	2020-05-08	2025-03-05

Release

Economic Policy Uncertainty	2020-05-08	2025-03-05

Units

Index	2020-05-08	2025-03-05

Frequency

Monthly	2020-05-08	2025-03-05

Seasonal Adjustment

Not Seasonally Adjusted	2020-05-08	2025-03-05

Notes

Assessing the economic impact of the COVID-19 pandemic is essential for policymakers, but challenging because the crisis has unfolded with extreme speed. We identify three indicators: stock market volatility, newspaper-based economic uncertainty, and subjective uncertainty in business expectation surveys that provide real-time forward-looking uncertainty measures. We use these indicators to document and quantify the enormous increase in economic uncertainty in the past several weeks. For more information, see Baker, Scott, Nicholas Bloom and Steven Davis (2020), 'COVID-INDUCED ECONOMIC UNCERTAINTY' (http://www.policyuncertainty.com/media/COVID-Induced%20Economic%20Uncertainty.pdf)	2020-05-08	2025-03-05