activity to a financial uncertainty shock during the great recession. We replicate this evidence with an estimated DSGE … real activity of an uncertainty shock under different Taylor rules estimated with normal times vs. great recession data … (the latter associated with a stronger response to output). We find that the uncertainty shock-induced output loss …

energy markets, and the impact of extreme weather events on the relationships, by using a TVP-VAR-based connectedness … transmitter after the shocks of extreme weather events. In addition, the shocks of the Sino-US trade war, the Covid-19 outbreak …

We investigate the uncertainty dynamics surrounding extreme weather events through the lens of option and stock markets …