Until a vaccine is widely available, face masks and other nonpharmaceutical interventions (NPIs) will continue to be the frontline defense against Covid-19 in developing countries. But their effectiveness depends critically on compliance by young adults, who are most likely both to become...

In this paper we analyze the relative importance and mutual behavior of two competing base-load electricity generation options that each are capable of contributing significantly to the abatement of global CO2 emissions: nuclear energy and coal-based power production complemented with CO2...

The issue of global warming has become a major topic in the international environmental debate. Alternative climate policy measures can be evaluated with the help of a simulation model that integrates economic and natural science considerations. A fully integrated assessment of the two-way...

This paper compares the performance of safe haven assets during two stressful stock market regimes – the 2008 Global Financial Crisis (GFC) and COVID-19 pandemic. Our analysis across the ten largest economies in the world shows that the traditional choice, gold, acts as a safe haven during the...

We provide additional evidence on the relationship between uncertainty and economic activity. For this purpose, we gather and construct a wide range of proxy indicators of economic and economic policy uncertainty from Spain. We distinguish between the relative merits of different types of...

We construct economic policy uncertainty (EPU) indexes for a number of Latin American (LA) economies (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) and the region as a whole, based on reports in the Spanish press. Our measures are comparable across countries. We study the...

The use of quantitative tools to analyse the huge amount of qualitative information has been acquiring increasing importance. Market participants and, of course, Central Banks have been involved in this trend. The vast majority of qualitative data can be qualified as non-structured and refers...

An emergency, especially an epidemic or a pandemic, can be challenging for individuals and communities. Sudden and unpredictable situations, growing fears of health hazards, and psychological impact of deteriorating physical conditions and increasing number of deaths, can affect their...

The COVID-19 pandemic urged governments around the world to intervene and respond with different measures aiming to contain the spread of the virus and mitigate the global economic impact; nevertheless, uncertainty skyrocketed and dominated the world economy. In this paper, we examine the...

A novel token-distance-based triple approach is proposed for identifying EPU mentions in textual documents. The method is applied to a corpus of French-language news to construct a century-long historical EPU index for the Canadian province of Quebec. The relevance of the index is shown in a...