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This paper examines the evolution of consumer uncertainty about unemployment one year after the irruption of the covid-19 pandemic in European countries. Since uncertainty is not directly observable, we use two alternative methods to directly approximate it. Both approaches are based on...
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agricultural productivity through a reduction in weather-associated risks. In the first part, we provide a theoretical foundation … uncertainty with respect to the timing and the size of an adverse weather shock. We subsequently calibrate the model to match the …
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