We quantify and study state-level economic policy uncertainty. Tapping digital archives for nearly 3,500 local … newspapers, we construct three monthly indexes for each state: one that captures state and local sources of policy uncertainty … uncertainty much more than the average election. The COVID-19 pandemic drove huge increases in policy uncertainty and unemployment …

of ground- water property rights generated substantial net benefits, as capitalized in land values. Heterogeneity …

and capacity choices under demand uncertainty to describe how revised price structures for the substitutes for climate …

households reduces the uncertainty in the utility's system-wide revenues from 70 to 96 percent. Further reductions in the … uncertainty in the utility's system-wide revenues in the, range of 5 to 15 percent, are possible by re-designing the utility …