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Does economic policy uncertainty affect household stockholding? To answer this question we create a novel measure of … household exposure to economic policy uncertainty news by combining survey information on the hours a household spends in … reading newspapers and the frequency of such news in the popular press during a household's pre-interview period. After …
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Managing households' expectations directly is a novel policy tool to stimulate the economy by lowering the incentives to save, but so far policies based on this idea have been barely effective. We argue that simplicity is a crucial and yet neglected feature of effective policies that target...
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