: temperature uncertainty. The results show that temperature uncertainty-by increasing power outages, reducing labor productivity …, and increasing the degree of exposure of firms to environmental and non-political risks, as well as economic uncertainty …

role of uncertainty. While previous research has extensively examined the effects of changes in expected policy rates … through event studies of European Central Banks (ECB) announcements, the impact of second moments and uncertainty has been far … less explored. We address this gap by introducing a novel market-based measure of uncertainty regarding future interest …