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of data is an important source of uncertainty about the state of the economy. This paper evaluates the quality of major … growing data uncertainty over the past decade for Euro area variables. As a robustness check, we reckon our results using US … data and additionally show that uncertainty calculations are robust towards changes in final revision definition. Moreover …
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of data is an increasingly important source of uncertainty about the state of the economy and offer an alternative … channel of uncertainty - data uncertainty. This paper adds on the uncertainty literature and focuses on data uncertainty …, which originates in the revision structure of data. We find that apart from the general and economic policy uncertainty, the …
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We develop a measure of how information events impact investors' perceptions of risk that is broadly applicable and simple to implement. We derive this measure from an option-pricing model where investors anticipate an announcement that simultaneously conveys information on the announcer's...
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