摘要
This study examines the asymmetric effects of the structural oil price shocks and COVID-19 pandemic on four uncertainty indexes.The author used the SVAR approach for the period 31-Dec-2019 to 28-Jun-2020.The results indicate that the effects are asymmetric of oil price shocks.The author also finds that COVID-19 shocks lead to positive responses to the economic policy uncertainty index.In addition,oil prices(their shocks)have a negative impact on the four indicators of uncertainty.Consequently,governments should actively take effective measures to prevent crude oil prices from shocking and maintain stable economic policies.
