uncertainty shocks to depend on the average outlook of the economy measured by survey data. We find that, in response to an … uncertainty shock, the peak decrease in industrial production and inflation is around three and a half times larger during … uncertainty at the outset of the COVID-19 epidemics in February and March 2020. Industrial production is predicted to experience a …

"model uncertainty" has led several central banks to apply simultaneously prognoses based on several alternative models …

the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …