How much is current volatility in financial markets driven by fear or uncertainty about future developments rather than by concrete economic news?
IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down to discuss this with Dr Ali Kabiri who is Head of the Department of Economics and International Studies at the University of Buckingham. Dr Kabiri recently co-authored a report for the Academic Journal, the Economic History Review, on the role of sentiment in the US economy: 1920 to 1934. The research explored how sentiment moved the economy at critical moments in the 1920s.
Read Dr Kabiri's IEA Blog post here.
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