NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Policy News and Stock Market Volatility

Scott R. Baker, Nicholas Bloom, Steven J. Davis, Kyle J. Kost

NBER Working Paper No. 25720
Issued in March 2019

---- Acknowledgments ----

We thank the National Science Foundation and the University of Chicago Booth School of Business for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Nicholas Bloom ----

I worked for McKinsey and company as a management consultant from 2001-2002. I have not received any funding from them after that time.

I am part of the Toulouse Network for Information Technology, which carries out research on IT and productivity. From this network I receive an annual honorarium, which is funded by Microsoft.

I do occasional consulting on management practices for government and policy agencies, like the Canadian Government, the World Bank, the European Union, the British Government, and the European Bank of Reconstruction and Development.

I produced a report in 2008 for the World Economic Forum on management practices in private equity for which I received an honorarium.

I occasionally am a paid speaker at corporate events at which I discuss among other things management practices and policy uncertainty.

---- Disclosure of Financial Relationships for Steven J. Davis ----

I own more than $5,000 in stock of Charles River Associates. I own Millennium Economics LLC.

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