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literature investigating the economic consequences of covid-19 by showing how unemployment-related online searches across the EU … queries related to unemployment in 27 countries. We nowcast the monthly unemployment rate in the EU Member States to assess … five weeks. We suggest that the effect is most likely due to an increase in unemployment expectations. …
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In this paper we propose a novel approach in analysing the impact of changes in sovereign credit ratings on stock markets. We study the evolution of a segmented form of the stock market index for several crisis-hit countries, including both European and Asian markets. Such evolution is modelled...
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