Bontempi, Maria Elena; Frigeri, Michele; Golinelli, Roberto - 2019
Macroeconomic uncertainty consists of three components: the unobservable, the heterogeneous and the "uncertain". We are … unaware of exactly when economic agents perceive uncertainty and which type of uncertainty interests them. This paper … uncertainty related queries" for both the USA and Italy. We show that the EURQ encapsulates agents’ need to gather more …