economy that allows discerning between lockdown shocks and a real business cycle shocks. With this methodology at hand, we … then evaluate the impact of lockdown measures on economic uncertainty in a second step. Overall, we only find a moderate … policy uncertainty decreases after a lockdown shock. …

the COVID-19 pandemic. It provides new empirical evidence for the regional differentiation of lockdown measures and …

two dimensions of the first lockdown in Germany, namely the length and the strength of the lockdown. While the assessment … of closure in different sectors. For the length of the lockdown we find that an additional day of closure lead to an … lockdown the results show that a higher degree of closure increases separations and lower job findings to a similar extent. In …