id	sid	tid	token	lemma	pos
ejge-6999	1	1	stock	stock	NOUN
ejge-6999	1	2	prices	price	NOUN
ejge-6999	1	3	,	,	PUNCT
ejge-6999	1	4	uncertainty	uncertainty	NOUN
ejge-6999	1	5	and	and	CCONJ
ejge-6999	1	6	risks	risk	NOUN
ejge-6999	1	7	:	:	PUNCT
ejge-6999	1	8	evidence	evidence	NOUN
ejge-6999	1	9	from	from	ADP
ejge-6999	1	10	developing	develop	VERB
ejge-6999	1	11	and	and	CCONJ
ejge-6999	1	12	advanced	advanced	ADJ
ejge-6999	1	13	economies	economy	NOUN
ejge-6999	1	14	european	european	ADJ
ejge-6999	1	15	journal	journal	PROPN
ejge-6999	1	16	of	of	ADP
ejge-6999	1	17	government	government	NOUN
ejge-6999	1	18	and	and	CCONJ
ejge-6999	1	19	economics	economic	NOUN
ejge-6999	1	20	9(3	9(3	NUM
ejge-6999	1	21	)	)	PUNCT
ejge-6999	1	22	,	,	PUNCT
ejge-6999	1	23	december	december	PROPN
ejge-6999	1	24	2020	2020	NUM
ejge-6999	1	25	,	,	PUNCT
ejge-6999	1	26	265	265	NUM
ejge-6999	1	27	-	-	SYM
ejge-6999	1	28	279	279	NUM
ejge-6999	1	29	european	european	ADJ
ejge-6999	1	30	journal	journal	NOUN
ejge-6999	1	31	of	of	ADP
ejge-6999	1	32	government	government	NOUN
ejge-6999	1	33	and	and	CCONJ
ejge-6999	1	34	economics	economic	NOUN
ejge-6999	1	35	issn	issn	PROPN
ejge-6999	1	36	:	:	PUNCT
ejge-6999	1	37	2254	2254	NUM
ejge-6999	1	38	-	-	SYM
ejge-6999	1	39	7088	7088	NUM
ejge-6999	1	40	stock	stock	NOUN
ejge-6999	1	41	prices	price	NOUN
ejge-6999	1	42	,	,	PUNCT
ejge-6999	1	43	uncertainty	uncertainty	NOUN
ejge-6999	1	44	and	and	CCONJ
ejge-6999	1	45	risks	risk	NOUN
ejge-6999	1	46	:	:	PUNCT
ejge-6999	1	47	evidence	evidence	NOUN
ejge-6999	1	48	from	from	ADP
ejge-6999	1	49	developing	develop	VERB
ejge-6999	1	50	and	and	CCONJ
ejge-6999	1	51	advanced	advanced	ADJ
ejge-6999	1	52	economies	economy	NOUN
ejge-6999	1	53	mary	mary	PROPN
ejge-6999	1	54	elena	elena	PROPN
ejge-6999	1	55	sánchez	sánchez	PROPN
ejge-6999	1	56	-	-	PUNCT
ejge-6999	1	57	gabarre	gabarre	PROPN
ejge-6999	1	58	a	a	PRON
ejge-6999	1	59	*	*	PUNCT
ejge-6999	1	60	a	a	DET
ejge-6999	1	61	university	university	NOUN
ejge-6999	1	62	of	of	ADP
ejge-6999	1	63	a	a	DET
ejge-6999	1	64	coruña	coruña	NOUN
ejge-6999	1	65	,	,	PUNCT
ejge-6999	1	66	spain	spain	PROPN
ejge-6999	1	67	*	*	PUNCT
ejge-6999	1	68	corresponding	correspond	VERB
ejge-6999	1	69	author	author	NOUN
ejge-6999	1	70	at	at	ADP
ejge-6999	1	71	:	:	PUNCT
ejge-6999	1	72	mary.e.sanchezg@udc.es	mary.e.sanchezg@udc.es	NOUN
ejge-6999	1	73	abstract	abstract	ADJ
ejge-6999	1	74	.	.	PUNCT
ejge-6999	2	1	this	this	DET
ejge-6999	2	2	paper	paper	NOUN
ejge-6999	2	3	studies	study	VERB
ejge-6999	2	4	the	the	DET
ejge-6999	2	5	relationship	relationship	NOUN
ejge-6999	2	6	between	between	ADP
ejge-6999	2	7	stock	stock	NOUN
ejge-6999	2	8	prices	price	NOUN
ejge-6999	2	9	and	and	CCONJ
ejge-6999	2	10	three	three	NUM
ejge-6999	2	11	types	type	NOUN
ejge-6999	2	12	of	of	ADP
ejge-6999	2	13	uncertainty	uncertainty	NOUN
ejge-6999	2	14	:	:	PUNCT
ejge-6999	2	15	economic	economic	ADJ
ejge-6999	2	16	policy	policy	NOUN
ejge-6999	2	17	uncertainty	uncertainty	NOUN
ejge-6999	2	18	,	,	PUNCT
ejge-6999	2	19	stock	stock	NOUN
ejge-6999	2	20	market	market	NOUN
ejge-6999	2	21	volatility	volatility	NOUN
ejge-6999	2	22	,	,	PUNCT
ejge-6999	2	23	and	and	CCONJ
ejge-6999	2	24	geopolitical	geopolitical	ADJ
ejge-6999	2	25	risks	risk	NOUN
ejge-6999	2	26	.	.	PUNCT
ejge-6999	3	1	in	in	ADP
ejge-6999	3	2	particular	particular	ADJ
ejge-6999	3	3	,	,	PUNCT
ejge-6999	3	4	our	our	PRON
ejge-6999	3	5	aim	aim	NOUN
ejge-6999	3	6	is	be	AUX
ejge-6999	3	7	to	to	PART
ejge-6999	3	8	determine	determine	VERB
ejge-6999	3	9	whether	whether	SCONJ
ejge-6999	3	10	these	these	DET
ejge-6999	3	11	forms	form	NOUN
ejge-6999	3	12	of	of	ADP
ejge-6999	3	13	uncertainty	uncertainty	NOUN
ejge-6999	3	14	play	play	VERB
ejge-6999	3	15	the	the	DET
ejge-6999	3	16	same	same	ADJ
ejge-6999	3	17	role	role	NOUN
ejge-6999	3	18	in	in	ADP
ejge-6999	3	19	developed	developed	ADJ
ejge-6999	3	20	and	and	CCONJ
ejge-6999	3	21	developing	develop	VERB
ejge-6999	3	22	countries	country	NOUN
ejge-6999	3	23	.	.	PUNCT
ejge-6999	4	1	with	with	ADP
ejge-6999	4	2	this	this	DET
ejge-6999	4	3	purpose	purpose	NOUN
ejge-6999	4	4	,	,	PUNCT
ejge-6999	4	5	we	we	PRON
ejge-6999	4	6	take	take	VERB
ejge-6999	4	7	spain	spain	PROPN
ejge-6999	4	8	and	and	CCONJ
ejge-6999	4	9	brazil	brazil	PROPN
ejge-6999	4	10	as	as	ADP
ejge-6999	4	11	representative	representative	ADJ
ejge-6999	4	12	cases	case	NOUN
ejge-6999	4	13	.	.	PUNCT
ejge-6999	5	1	in	in	ADP
ejge-6999	5	2	order	order	NOUN
ejge-6999	5	3	to	to	PART
ejge-6999	5	4	provide	provide	VERB
ejge-6999	5	5	new	new	ADJ
ejge-6999	5	6	insights	insight	NOUN
ejge-6999	5	7	into	into	ADP
ejge-6999	5	8	the	the	DET
ejge-6999	5	9	abovementioned	abovementioned	ADJ
ejge-6999	5	10	relationship	relationship	NOUN
ejge-6999	5	11	,	,	PUNCT
ejge-6999	5	12	a	a	DET
ejge-6999	5	13	cointegration	cointegration	NOUN
ejge-6999	5	14	approach	approach	NOUN
ejge-6999	5	15	is	be	AUX
ejge-6999	5	16	applied	apply	VERB
ejge-6999	5	17	,	,	PUNCT
ejge-6999	5	18	specifically	specifically	ADV
ejge-6999	5	19	an	an	DET
ejge-6999	5	20	ardl	ardl	NOUN
ejge-6999	5	21	model	model	NOUN
ejge-6999	5	22	,	,	PUNCT
ejge-6999	5	23	using	use	VERB
ejge-6999	5	24	monthly	monthly	ADJ
ejge-6999	5	25	data	datum	NOUN
ejge-6999	5	26	from	from	ADP
ejge-6999	5	27	the	the	DET
ejge-6999	5	28	period	period	NOUN
ejge-6999	5	29	january	january	PROPN
ejge-6999	5	30	2006	2006	NUM
ejge-6999	5	31	-	-	SYM
ejge-6999	5	32	december	december	PROPN
ejge-6999	5	33	2019	2019	NUM
ejge-6999	5	34	for	for	ADP
ejge-6999	5	35	a	a	DET
ejge-6999	5	36	series	series	NOUN
ejge-6999	5	37	of	of	ADP
ejge-6999	5	38	financial	financial	ADJ
ejge-6999	5	39	and	and	CCONJ
ejge-6999	5	40	macroeconomic	macroeconomic	ADJ
ejge-6999	5	41	variables	variable	NOUN
ejge-6999	5	42	.	.	PUNCT
ejge-6999	6	1	the	the	DET
ejge-6999	6	2	results	result	NOUN
ejge-6999	6	3	obtained	obtain	VERB
ejge-6999	6	4	reveal	reveal	VERB
ejge-6999	6	5	that	that	SCONJ
ejge-6999	6	6	there	there	PRON
ejge-6999	6	7	is	be	VERB
ejge-6999	6	8	no	no	DET
ejge-6999	6	9	uniform	uniform	ADJ
ejge-6999	6	10	effect	effect	NOUN
ejge-6999	6	11	of	of	ADP
ejge-6999	6	12	uncertainty	uncertainty	NOUN
ejge-6999	6	13	in	in	ADP
ejge-6999	6	14	stock	stock	NOUN
ejge-6999	6	15	markets	market	NOUN
ejge-6999	6	16	of	of	ADP
ejge-6999	6	17	developing	develop	VERB
ejge-6999	6	18	and	and	CCONJ
ejge-6999	6	19	developed	developed	ADJ
ejge-6999	6	20	countries	country	NOUN
ejge-6999	6	21	.	.	PUNCT
ejge-6999	7	1	first	first	ADV
ejge-6999	7	2	,	,	PUNCT
ejge-6999	7	3	in	in	ADP
ejge-6999	7	4	spain	spain	PROPN
ejge-6999	7	5	,	,	PUNCT
ejge-6999	7	6	there	there	PRON
ejge-6999	7	7	is	be	VERB
ejge-6999	7	8	a	a	DET
ejge-6999	7	9	high	high	ADJ
ejge-6999	7	10	perception	perception	NOUN
ejge-6999	7	11	of	of	ADP
ejge-6999	7	12	uncertainty	uncertainty	NOUN
ejge-6999	7	13	in	in	ADP
ejge-6999	7	14	economic	economic	ADJ
ejge-6999	7	15	policy	policy	NOUN
ejge-6999	7	16	and	and	CCONJ
ejge-6999	7	17	stock	stock	NOUN
ejge-6999	7	18	market	market	NOUN
ejge-6999	7	19	volatility	volatility	NOUN
ejge-6999	7	20	,	,	PUNCT
ejge-6999	7	21	which	which	PRON
ejge-6999	7	22	impact	impact	VERB
ejge-6999	7	23	negatively	negatively	ADV
ejge-6999	7	24	in	in	ADP
ejge-6999	7	25	share	share	NOUN
ejge-6999	7	26	prices	price	NOUN
ejge-6999	7	27	,	,	PUNCT
ejge-6999	7	28	both	both	CCONJ
ejge-6999	7	29	in	in	ADP
ejge-6999	7	30	the	the	DET
ejge-6999	7	31	short	short	ADJ
ejge-6999	7	32	and	and	CCONJ
ejge-6999	7	33	long	long	ADJ
ejge-6999	7	34	term	term	NOUN
ejge-6999	7	35	.	.	PUNCT
ejge-6999	8	1	regarding	regard	VERB
ejge-6999	8	2	brazil	brazil	PROPN
ejge-6999	8	3	,	,	PUNCT
ejge-6999	8	4	the	the	DET
ejge-6999	8	5	global	global	ADJ
ejge-6999	8	6	uncertainty	uncertainty	NOUN
ejge-6999	8	7	in	in	ADP
ejge-6999	8	8	the	the	DET
ejge-6999	8	9	stock	stock	NOUN
ejge-6999	8	10	markets	market	NOUN
ejge-6999	8	11	has	have	VERB
ejge-6999	8	12	effects	effect	NOUN
ejge-6999	8	13	on	on	ADP
ejge-6999	8	14	share	share	NOUN
ejge-6999	8	15	prices	price	NOUN
ejge-6999	8	16	,	,	PUNCT
ejge-6999	8	17	in	in	ADP
ejge-6999	8	18	both	both	DET
ejge-6999	8	19	time	time	NOUN
ejge-6999	8	20	horizons	horizon	NOUN
ejge-6999	8	21	.	.	PUNCT
ejge-6999	9	1	by	by	ADP
ejge-6999	9	2	contrast	contrast	NOUN
ejge-6999	9	3	,	,	PUNCT
ejge-6999	9	4	geopolitical	geopolitical	ADJ
ejge-6999	9	5	risks	risk	NOUN
ejge-6999	9	6	do	do	AUX
ejge-6999	9	7	not	not	PART
ejge-6999	9	8	show	show	VERB
ejge-6999	9	9	any	any	DET
ejge-6999	9	10	significant	significant	ADJ
ejge-6999	9	11	impact	impact	NOUN
ejge-6999	9	12	on	on	ADP
ejge-6999	9	13	brazilian	brazilian	ADJ
ejge-6999	9	14	and	and	CCONJ
ejge-6999	9	15	spanish	spanish	ADJ
ejge-6999	9	16	share	share	NOUN
ejge-6999	9	17	returns	return	NOUN
ejge-6999	9	18	.	.	PUNCT
ejge-6999	10	1	keywords	keyword	NOUN
ejge-6999	10	2	.	.	PUNCT
ejge-6999	11	1	economic	economic	ADJ
ejge-6999	11	2	policy	policy	NOUN
ejge-6999	11	3	uncertainty	uncertainty	NOUN
ejge-6999	11	4	;	;	PUNCT
ejge-6999	11	5	geopolitics	geopolitic	NOUN
ejge-6999	11	6	;	;	PUNCT
ejge-6999	11	7	stock	stock	NOUN
ejge-6999	11	8	markets	market	NOUN
ejge-6999	11	9	;	;	PUNCT
ejge-6999	11	10	uncertainty	uncertainty	NOUN
ejge-6999	11	11	;	;	PUNCT
ejge-6999	11	12	volatility	volatility	PROPN
ejge-6999	11	13	jel	jel	PROPN
ejge-6999	11	14	codes	code	NOUN
ejge-6999	11	15	.	.	PUNCT
ejge-6999	12	1	c22	c22	NOUN
ejge-6999	12	2	;	;	PUNCT
ejge-6999	12	3	g12	g12	PROPN
ejge-6999	12	4	;	;	PUNCT
ejge-6999	12	5	g18	g18	PROPN
ejge-6999	12	6	doi	doi	PROPN
ejge-6999	12	7	.	.	PUNCT
ejge-6999	13	1	https://doi.org/10.17979/ejge.2020.9.3.6999	https://doi.org/10.17979/ejge.2020.9.3.6999	NOUN
ejge-6999	13	2	1	1	PROPN
ejge-6999	13	3	.	.	PUNCT
ejge-6999	14	1	introduction	introduction	NOUN
ejge-6999	14	2	the	the	DET
ejge-6999	14	3	main	main	ADJ
ejge-6999	14	4	objective	objective	NOUN
ejge-6999	14	5	of	of	ADP
ejge-6999	14	6	this	this	DET
ejge-6999	14	7	paper	paper	NOUN
ejge-6999	14	8	is	be	AUX
ejge-6999	14	9	to	to	PART
ejge-6999	14	10	determine	determine	VERB
ejge-6999	14	11	the	the	DET
ejge-6999	14	12	relationship	relationship	NOUN
ejge-6999	14	13	between	between	ADP
ejge-6999	14	14	uncertainty	uncertainty	NOUN
ejge-6999	14	15	and	and	CCONJ
ejge-6999	14	16	the	the	DET
ejge-6999	14	17	performance	performance	NOUN
ejge-6999	14	18	of	of	ADP
ejge-6999	14	19	stock	stock	NOUN
ejge-6999	14	20	market	market	NOUN
ejge-6999	14	21	indices	index	NOUN
ejge-6999	14	22	in	in	ADP
ejge-6999	14	23	the	the	DET
ejge-6999	14	24	long	long	ADJ
ejge-6999	14	25	term	term	NOUN
ejge-6999	14	26	,	,	PUNCT
ejge-6999	14	27	to	to	PART
ejge-6999	14	28	measure	measure	VERB
ejge-6999	14	29	its	its	PRON
ejge-6999	14	30	effects	effect	NOUN
ejge-6999	14	31	and	and	CCONJ
ejge-6999	14	32	evaluate	evaluate	VERB
ejge-6999	14	33	the	the	DET
ejge-6999	14	34	possible	possible	ADJ
ejge-6999	14	35	differential	differential	ADJ
ejge-6999	14	36	impacts	impact	NOUN
ejge-6999	14	37	depending	depend	VERB
ejge-6999	14	38	on	on	ADP
ejge-6999	14	39	the	the	DET
ejge-6999	14	40	type	type	NOUN
ejge-6999	14	41	of	of	ADP
ejge-6999	14	42	economy	economy	NOUN
ejge-6999	14	43	.	.	PUNCT
ejge-6999	15	1	according	accord	VERB
ejge-6999	15	2	to	to	ADP
ejge-6999	15	3	literature	literature	NOUN
ejge-6999	15	4	,	,	PUNCT
ejge-6999	15	5	one	one	PRON
ejge-6999	15	6	would	would	AUX
ejge-6999	15	7	expect	expect	VERB
ejge-6999	15	8	an	an	DET
ejge-6999	15	9	increase	increase	NOUN
ejge-6999	15	10	in	in	ADP
ejge-6999	15	11	uncertainty	uncertainty	NOUN
ejge-6999	15	12	to	to	PART
ejge-6999	15	13	be	be	AUX
ejge-6999	15	14	associated	associate	VERB
ejge-6999	15	15	in	in	ADP
ejge-6999	15	16	the	the	DET
ejge-6999	15	17	long	long	ADJ
ejge-6999	15	18	term	term	NOUN
ejge-6999	15	19	with	with	ADP
ejge-6999	15	20	a	a	DET
ejge-6999	15	21	decrease	decrease	NOUN
ejge-6999	15	22	in	in	ADP
ejge-6999	15	23	stock	stock	NOUN
ejge-6999	15	24	market	market	NOUN
ejge-6999	15	25	indices	index	NOUN
ejge-6999	15	26	(	(	PUNCT
ejge-6999	15	27	malkiel	malkiel	PROPN
ejge-6999	15	28	&	&	CCONJ
ejge-6999	15	29	xu	xu	PROPN
ejge-6999	15	30	,	,	PUNCT
ejge-6999	15	31	2006	2006	NUM
ejge-6999	15	32	;	;	PUNCT
ejge-6999	15	33	durnev	durnev	NOUN
ejge-6999	15	34	,	,	PUNCT
ejge-6999	15	35	2010	2010	NUM
ejge-6999	15	36	;	;	PUNCT
ejge-6999	15	37	caldara	caldara	NOUN
ejge-6999	15	38	&	&	CCONJ
ejge-6999	15	39	iacoviello	iacoviello	PROPN
ejge-6999	15	40	,	,	PUNCT
ejge-6999	15	41	2019	2019	NUM
ejge-6999	15	42	)	)	PUNCT
ejge-6999	15	43	,	,	PUNCT
ejge-6999	15	44	in	in	ADP
ejge-6999	15	45	other	other	ADJ
ejge-6999	15	46	words	word	NOUN
ejge-6999	15	47	,	,	PUNCT
ejge-6999	15	48	the	the	DET
ejge-6999	15	49	uncertainty	uncertainty	NOUN
ejge-6999	15	50	-	-	PUNCT
ejge-6999	15	51	price	price	NOUN
ejge-6999	15	52	ratio	ratio	NOUN
ejge-6999	15	53	would	would	AUX
ejge-6999	15	54	be	be	AUX
ejge-6999	15	55	negative	negative	ADJ
ejge-6999	15	56	.	.	PUNCT
ejge-6999	16	1	therefore	therefore	ADV
ejge-6999	16	2	,	,	PUNCT
ejge-6999	16	3	the	the	DET
ejge-6999	16	4	initial	initial	ADJ
ejge-6999	16	5	hypothesis	hypothesis	NOUN
ejge-6999	16	6	we	we	PRON
ejge-6999	16	7	analyse	analyse	VERB
ejge-6999	16	8	is	be	AUX
ejge-6999	16	9	to	to	ADP
ejge-6999	16	10	what	what	DET
ejge-6999	16	11	extent	extent	NOUN
ejge-6999	16	12	uncertainty	uncertainty	NOUN
ejge-6999	16	13	(	(	PUNCT
ejge-6999	16	14	considered	consider	VERB
ejge-6999	16	15	according	accord	VERB
ejge-6999	16	16	to	to	ADP
ejge-6999	16	17	three	three	NUM
ejge-6999	16	18	perspectives	perspective	NOUN
ejge-6999	16	19	that	that	PRON
ejge-6999	16	20	are	be	AUX
ejge-6999	16	21	explained	explain	VERB
ejge-6999	16	22	afterwards	afterwards	ADV
ejge-6999	16	23	)	)	PUNCT
ejge-6999	16	24	could	could	AUX
ejge-6999	16	25	affect	affect	VERB
ejge-6999	16	26	stock	stock	NOUN
ejge-6999	16	27	prices	price	NOUN
ejge-6999	16	28	.	.	PUNCT
ejge-6999	17	1	in	in	ADP
ejge-6999	17	2	addition	addition	NOUN
ejge-6999	17	3	,	,	PUNCT
ejge-6999	17	4	we	we	PRON
ejge-6999	17	5	study	study	VERB
ejge-6999	17	6	whether	whether	SCONJ
ejge-6999	17	7	those	those	DET
ejge-6999	17	8	different	different	ADJ
ejge-6999	17	9	perspectives	perspective	NOUN
ejge-6999	17	10	of	of	ADP
ejge-6999	17	11	uncertainty	uncertainty	NOUN
ejge-6999	17	12	have	have	VERB
ejge-6999	17	13	different	different	ADJ
ejge-6999	17	14	effects	effect	NOUN
ejge-6999	17	15	depending	depend	VERB
ejge-6999	17	16	on	on	ADP
ejge-6999	17	17	the	the	DET
ejge-6999	17	18	type	type	NOUN
ejge-6999	17	19	of	of	ADP
ejge-6999	17	20	economy	economy	NOUN
ejge-6999	17	21	.	.	PUNCT
ejge-6999	18	1	likewise	likewise	ADV
ejge-6999	18	2	,	,	PUNCT
ejge-6999	18	3	the	the	DET
ejge-6999	18	4	level	level	NOUN
ejge-6999	18	5	of	of	ADP
ejge-6999	18	6	the	the	DET
ejge-6999	18	7	short	short	ADJ
ejge-6999	18	8	-	-	PUNCT
ejge-6999	18	9	term	term	NOUN
ejge-6999	18	10	impact	impact	NOUN
ejge-6999	18	11	of	of	ADP
ejge-6999	18	12	an	an	DET
ejge-6999	18	13	uncertainty	uncertainty	NOUN
ejge-6999	18	14	shock	shock	NOUN
ejge-6999	18	15	on	on	ADP
ejge-6999	18	16	the	the	DET
ejge-6999	18	17	stock	stock	NOUN
ejge-6999	18	18	market	market	NOUN
ejge-6999	18	19	is	be	AUX
ejge-6999	18	20	analysed	analyse	VERB
ejge-6999	18	21	,	,	PUNCT
ejge-6999	18	22	as	as	ADV
ejge-6999	18	23	well	well	ADV
ejge-6999	18	24	as	as	ADP
ejge-6999	18	25	the	the	DET
ejge-6999	18	26	adjustment	adjustment	NOUN
ejge-6999	18	27	time	time	NOUN
ejge-6999	18	28	required	require	VERB
ejge-6999	18	29	to	to	PART
ejge-6999	18	30	return	return	VERB
ejge-6999	18	31	to	to	ADP
ejge-6999	18	32	the	the	DET
ejge-6999	18	33	previous	previous	ADJ
ejge-6999	18	34	situation	situation	NOUN
ejge-6999	18	35	in	in	ADP
ejge-6999	18	36	the	the	DET
ejge-6999	18	37	stock	stock	NOUN
ejge-6999	18	38	markets	market	NOUN
ejge-6999	18	39	.	.	PUNCT
ejge-6999	19	1	to	to	PART
ejge-6999	19	2	study	study	VERB
ejge-6999	19	3	this	this	DET
ejge-6999	19	4	relationship	relationship	NOUN
ejge-6999	19	5	,	,	PUNCT
ejge-6999	19	6	as	as	ADP
ejge-6999	19	7	a	a	DET
ejge-6999	19	8	novel	novel	ADJ
ejge-6999	19	9	aspect	aspect	NOUN
ejge-6999	19	10	in	in	ADP
ejge-6999	19	11	the	the	DET
ejge-6999	19	12	analysis	analysis	NOUN
ejge-6999	19	13	,	,	PUNCT
ejge-6999	19	14	as	as	ADV
ejge-6999	19	15	far	far	ADV
ejge-6999	19	16	as	as	SCONJ
ejge-6999	19	17	uncertainty	uncertainty	NOUN
ejge-6999	19	18	is	be	AUX
ejge-6999	19	19	concerned	concern	VERB
ejge-6999	19	20	,	,	PUNCT
ejge-6999	19	21	we	we	PRON
ejge-6999	19	22	use	use	VERB
ejge-6999	19	23	three	three	NUM
ejge-6999	19	24	representative	representative	ADJ
ejge-6999	19	25	indicators	indicator	NOUN
ejge-6999	19	26	at	at	ADP
ejge-6999	19	27	a	a	DET
ejge-6999	19	28	world	world	NOUN
ejge-6999	19	29	level	level	NOUN
ejge-6999	19	30	,	,	PUNCT
ejge-6999	19	31	rarely	rarely	ADV
ejge-6999	19	32	taken	take	VERB
ejge-6999	19	33	into	into	ADP
ejge-6999	19	34	account	account	NOUN
ejge-6999	19	35	together	together	ADV
ejge-6999	19	36	:	:	PUNCT
ejge-6999	19	37	economic	economic	ADJ
ejge-6999	19	38	policy	policy	NOUN
ejge-6999	19	39	uncertainty	uncertainty	NOUN
ejge-6999	19	40	,	,	PUNCT
ejge-6999	19	41	stock	stock	NOUN
ejge-6999	19	42	markets	market	NOUN
ejge-6999	19	43	volatility	volatility	NOUN
ejge-6999	19	44	and	and	CCONJ
ejge-6999	19	45	geopolitical	geopolitical	ADJ
ejge-6999	19	46	risks	risk	NOUN
ejge-6999	19	47	.	.	PUNCT
ejge-6999	20	1	mailto:mary.e.sanchezg@udc.es	mailto:mary.e.sanchezg@udc.es	PROPN
ejge-6999	20	2	https://doi.org/10.17979/ejge.2020.9.3.6999	https://doi.org/10.17979/ejge.2020.9.3.6999	NOUN
ejge-6999	20	3	mary	mary	PROPN
ejge-6999	20	4	elena	elena	PROPN
ejge-6999	20	5	sánchez	sánchez	PROPN
ejge-6999	20	6	-	-	PUNCT
ejge-6999	20	7	gabarre	gabarre	PROPN
ejge-6999	20	8	/	/	SYM
ejge-6999	20	9	european	european	ADJ
ejge-6999	20	10	journal	journal	PROPN
ejge-6999	20	11	of	of	ADP
ejge-6999	20	12	government	government	NOUN
ejge-6999	20	13	and	and	CCONJ
ejge-6999	20	14	economics	economic	NOUN
ejge-6999	20	15	9(3	9(3	NUM
ejge-6999	20	16	)	)	PUNCT
ejge-6999	20	17	,	,	PUNCT
ejge-6999	20	18	december	december	PROPN
ejge-6999	20	19	2020	2020	NUM
ejge-6999	20	20	,	,	PUNCT
ejge-6999	20	21	265	265	NUM
ejge-6999	20	22	-	-	SYM
ejge-6999	20	23	279	279	NUM
ejge-6999	20	24	266	266	NUM
ejge-6999	20	25	this	this	DET
ejge-6999	20	26	way	way	NOUN
ejge-6999	20	27	,	,	PUNCT
ejge-6999	20	28	we	we	PRON
ejge-6999	20	29	can	can	AUX
ejge-6999	20	30	study	study	VERB
ejge-6999	20	31	the	the	DET
ejge-6999	20	32	impact	impact	NOUN
ejge-6999	20	33	of	of	ADP
ejge-6999	20	34	this	this	DET
ejge-6999	20	35	uncertainty	uncertainty	NOUN
ejge-6999	20	36	at	at	ADP
ejge-6999	20	37	a	a	DET
ejge-6999	20	38	global	global	ADJ
ejge-6999	20	39	level	level	NOUN
ejge-6999	20	40	on	on	ADP
ejge-6999	20	41	two	two	NUM
ejge-6999	20	42	economies	economy	NOUN
ejge-6999	20	43	with	with	ADP
ejge-6999	20	44	different	different	ADJ
ejge-6999	20	45	features	feature	NOUN
ejge-6999	20	46	(	(	PUNCT
ejge-6999	20	47	a	a	DET
ejge-6999	20	48	developed	develop	VERB
ejge-6999	20	49	country	country	NOUN
ejge-6999	20	50	and	and	CCONJ
ejge-6999	20	51	a	a	DET
ejge-6999	20	52	developing	develop	VERB
ejge-6999	20	53	country	country	NOUN
ejge-6999	20	54	)	)	PUNCT
ejge-6999	20	55	and	and	CCONJ
ejge-6999	20	56	evaluate	evaluate	VERB
ejge-6999	20	57	the	the	DET
ejge-6999	20	58	possible	possible	ADJ
ejge-6999	20	59	differential	differential	ADJ
ejge-6999	20	60	impacts	impact	NOUN
ejge-6999	20	61	depending	depend	VERB
ejge-6999	20	62	on	on	ADP
ejge-6999	20	63	the	the	DET
ejge-6999	20	64	type	type	NOUN
ejge-6999	20	65	of	of	ADP
ejge-6999	20	66	economy	economy	NOUN
ejge-6999	20	67	.	.	PUNCT
ejge-6999	21	1	uncertainty	uncertainty	NOUN
ejge-6999	21	2	in	in	ADP
ejge-6999	21	3	the	the	DET
ejge-6999	21	4	markets	market	NOUN
ejge-6999	21	5	has	have	AUX
ejge-6999	21	6	often	often	ADV
ejge-6999	21	7	been	be	AUX
ejge-6999	21	8	seen	see	VERB
ejge-6999	21	9	as	as	ADP
ejge-6999	21	10	a	a	DET
ejge-6999	21	11	factor	factor	NOUN
ejge-6999	21	12	affecting	affect	VERB
ejge-6999	21	13	the	the	DET
ejge-6999	21	14	functioning	functioning	NOUN
ejge-6999	21	15	of	of	ADP
ejge-6999	21	16	the	the	DET
ejge-6999	21	17	economy	economy	NOUN
ejge-6999	21	18	as	as	ADP
ejge-6999	21	19	a	a	DET
ejge-6999	21	20	whole	whole	NOUN
ejge-6999	21	21	.	.	PUNCT
ejge-6999	22	1	among	among	ADP
ejge-6999	22	2	the	the	DET
ejge-6999	22	3	main	main	ADJ
ejge-6999	22	4	drivers	driver	NOUN
ejge-6999	22	5	of	of	ADP
ejge-6999	22	6	this	this	DET
ejge-6999	22	7	uncertainty	uncertainty	NOUN
ejge-6999	22	8	both	both	DET
ejge-6999	22	9	market	market	NOUN
ejge-6999	22	10	volatility	volatility	NOUN
ejge-6999	22	11	and	and	CCONJ
ejge-6999	22	12	policymakers	policymaker	NOUN
ejge-6999	22	13	'	'	PART
ejge-6999	22	14	decisions	decision	NOUN
ejge-6999	22	15	are	be	AUX
ejge-6999	22	16	usually	usually	ADV
ejge-6999	22	17	considered	consider	VERB
ejge-6999	22	18	(	(	PUNCT
ejge-6999	22	19	carney	carney	NOUN
ejge-6999	22	20	,	,	PUNCT
ejge-6999	22	21	2016	2016	NUM
ejge-6999	22	22	)	)	PUNCT
ejge-6999	22	23	.	.	PUNCT
ejge-6999	23	1	there	there	PRON
ejge-6999	23	2	is	be	VERB
ejge-6999	23	3	a	a	DET
ejge-6999	23	4	strong	strong	ADJ
ejge-6999	23	5	tendency	tendency	NOUN
ejge-6999	23	6	towards	towards	ADP
ejge-6999	23	7	financial	financial	ADJ
ejge-6999	23	8	instability	instability	NOUN
ejge-6999	23	9	,	,	PUNCT
ejge-6999	23	10	which	which	PRON
ejge-6999	23	11	has	have	AUX
ejge-6999	23	12	made	make	VERB
ejge-6999	23	13	globalisation	globalisation	NOUN
ejge-6999	23	14	a	a	DET
ejge-6999	23	15	phenomenon	phenomenon	NOUN
ejge-6999	23	16	highly	highly	ADV
ejge-6999	23	17	determined	determine	VERB
ejge-6999	23	18	by	by	ADP
ejge-6999	23	19	uncertainty	uncertainty	NOUN
ejge-6999	23	20	.	.	PUNCT
ejge-6999	24	1	in	in	ADP
ejge-6999	24	2	order	order	NOUN
ejge-6999	24	3	to	to	PART
ejge-6999	24	4	fill	fill	VERB
ejge-6999	24	5	the	the	DET
ejge-6999	24	6	gap	gap	NOUN
ejge-6999	24	7	,	,	PUNCT
ejge-6999	24	8	this	this	DET
ejge-6999	24	9	paper	paper	NOUN
ejge-6999	24	10	analyses	analyse	VERB
ejge-6999	24	11	the	the	DET
ejge-6999	24	12	importance	importance	NOUN
ejge-6999	24	13	of	of	ADP
ejge-6999	24	14	uncertainty	uncertainty	NOUN
ejge-6999	24	15	in	in	ADP
ejge-6999	24	16	the	the	DET
ejge-6999	24	17	evolution	evolution	NOUN
ejge-6999	24	18	of	of	ADP
ejge-6999	24	19	stock	stock	NOUN
ejge-6999	24	20	market	market	NOUN
ejge-6999	24	21	indices	index	NOUN
ejge-6999	24	22	,	,	PUNCT
ejge-6999	24	23	more	more	ADV
ejge-6999	24	24	specifically	specifically	ADV
ejge-6999	24	25	the	the	DET
ejge-6999	24	26	possible	possible	ADJ
ejge-6999	24	27	long	long	ADJ
ejge-6999	24	28	-	-	PUNCT
ejge-6999	24	29	term	term	NOUN
ejge-6999	24	30	relationship	relationship	NOUN
ejge-6999	24	31	between	between	ADP
ejge-6999	24	32	uncertainty	uncertainty	NOUN
ejge-6999	24	33	and	and	CCONJ
ejge-6999	24	34	two	two	NUM
ejge-6999	24	35	relevant	relevant	ADJ
ejge-6999	24	36	indices	index	NOUN
ejge-6999	24	37	,	,	PUNCT
ejge-6999	24	38	corresponding	correspond	VERB
ejge-6999	24	39	to	to	ADP
ejge-6999	24	40	a	a	DET
ejge-6999	24	41	representative	representative	ADJ
ejge-6999	24	42	developing	develop	VERB
ejge-6999	24	43	country	country	NOUN
ejge-6999	24	44	and	and	CCONJ
ejge-6999	24	45	a	a	DET
ejge-6999	24	46	representative	representative	ADJ
ejge-6999	24	47	developed	develop	VERB
ejge-6999	24	48	country	country	NOUN
ejge-6999	24	49	,	,	PUNCT
ejge-6999	24	50	respectively	respectively	ADV
ejge-6999	24	51	:	:	PUNCT
ejge-6999	25	1	bovespa	bovespa	PROPN
ejge-6999	26	1	[	[	X
ejge-6999	26	2	from	from	ADP
ejge-6999	26	3	brazil	brazil	PROPN
ejge-6999	26	4	,	,	PUNCT
ejge-6999	26	5	which	which	PRON
ejge-6999	26	6	has	have	VERB
ejge-6999	26	7	the	the	DET
ejge-6999	26	8	largest	large	ADJ
ejge-6999	26	9	capitalization	capitalization	NOUN
ejge-6999	26	10	of	of	ADP
ejge-6999	26	11	latin	latin	ADJ
ejge-6999	26	12	american	american	ADJ
ejge-6999	26	13	stock	stock	NOUN
ejge-6999	26	14	markets	market	NOUN
ejge-6999	26	15	(	(	PUNCT
ejge-6999	26	16	coleman	coleman	NOUN
ejge-6999	26	17	,	,	PUNCT
ejge-6999	26	18	leone	leone	PROPN
ejge-6999	26	19	&	&	CCONJ
ejge-6999	26	20	medeiro	medeiro	PROPN
ejge-6999	26	21	,	,	PUNCT
ejge-6999	26	22	2018	2018	NUM
ejge-6999	26	23	;	;	PUNCT
ejge-6999	26	24	oecd	oecd	PROPN
ejge-6999	26	25	,	,	PUNCT
ejge-6999	26	26	2019	2019	NUM
ejge-6999	26	27	)	)	PUNCT
ejge-6999	26	28	]	]	PUNCT
ejge-6999	26	29	and	and	CCONJ
ejge-6999	26	30	ibex	ibex	PROPN
ejge-6999	26	31	35	35	NUM
ejge-6999	26	32	,	,	PUNCT
ejge-6999	26	33	which	which	PRON
ejge-6999	26	34	is	be	AUX
ejge-6999	26	35	the	the	DET
ejge-6999	26	36	main	main	ADJ
ejge-6999	26	37	stock	stock	NOUN
ejge-6999	26	38	index	index	NOUN
ejge-6999	26	39	of	of	ADP
ejge-6999	26	40	spain	spain	PROPN
ejge-6999	26	41	.	.	PUNCT
ejge-6999	27	1	thus	thus	ADV
ejge-6999	27	2	,	,	PUNCT
ejge-6999	27	3	we	we	PRON
ejge-6999	27	4	can	can	AUX
ejge-6999	27	5	compare	compare	VERB
ejge-6999	27	6	the	the	DET
ejge-6999	27	7	results	result	NOUN
ejge-6999	27	8	obtained	obtain	VERB
ejge-6999	27	9	for	for	ADP
ejge-6999	27	10	these	these	DET
ejge-6999	27	11	two	two	NUM
ejge-6999	27	12	cases	case	NOUN
ejge-6999	27	13	and	and	CCONJ
ejge-6999	27	14	determine	determine	VERB
ejge-6999	27	15	whether	whether	SCONJ
ejge-6999	27	16	uncertainty	uncertainty	NOUN
ejge-6999	27	17	has	have	VERB
ejge-6999	27	18	different	different	ADJ
ejge-6999	27	19	effects	effect	NOUN
ejge-6999	27	20	in	in	ADP
ejge-6999	27	21	both	both	DET
ejge-6999	27	22	stock	stock	NOUN
ejge-6999	27	23	markets	market	NOUN
ejge-6999	27	24	,	,	PUNCT
ejge-6999	27	25	corresponding	correspond	VERB
ejge-6999	27	26	to	to	ADP
ejge-6999	27	27	two	two	NUM
ejge-6999	27	28	different	different	ADJ
ejge-6999	27	29	economies	economy	NOUN
ejge-6999	27	30	in	in	ADP
ejge-6999	27	31	terms	term	NOUN
ejge-6999	27	32	of	of	ADP
ejge-6999	27	33	degree	degree	NOUN
ejge-6999	27	34	of	of	ADP
ejge-6999	27	35	development	development	NOUN
ejge-6999	27	36	.	.	PUNCT
ejge-6999	28	1	this	this	DET
ejge-6999	28	2	paper	paper	NOUN
ejge-6999	28	3	is	be	AUX
ejge-6999	28	4	organized	organize	VERB
ejge-6999	28	5	as	as	SCONJ
ejge-6999	28	6	follows	follow	VERB
ejge-6999	28	7	.	.	PUNCT
ejge-6999	29	1	in	in	ADP
ejge-6999	29	2	section	section	NOUN
ejge-6999	29	3	2	2	NUM
ejge-6999	29	4	,	,	PUNCT
ejge-6999	29	5	to	to	PART
ejge-6999	29	6	contextualise	contextualise	VERB
ejge-6999	29	7	the	the	DET
ejge-6999	29	8	object	object	NOUN
ejge-6999	29	9	of	of	ADP
ejge-6999	29	10	study	study	NOUN
ejge-6999	29	11	,	,	PUNCT
ejge-6999	29	12	we	we	PRON
ejge-6999	29	13	begin	begin	VERB
ejge-6999	29	14	by	by	ADP
ejge-6999	29	15	considering	consider	VERB
ejge-6999	29	16	the	the	DET
ejge-6999	29	17	relationship	relationship	NOUN
ejge-6999	29	18	between	between	ADP
ejge-6999	29	19	uncertainty	uncertainty	NOUN
ejge-6999	29	20	and	and	CCONJ
ejge-6999	29	21	stock	stock	NOUN
ejge-6999	29	22	markets	market	NOUN
ejge-6999	29	23	.	.	PUNCT
ejge-6999	30	1	in	in	ADP
ejge-6999	30	2	section	section	NOUN
ejge-6999	30	3	3	3	NUM
ejge-6999	30	4	,	,	PUNCT
ejge-6999	30	5	we	we	PRON
ejge-6999	30	6	present	present	VERB
ejge-6999	30	7	and	and	CCONJ
ejge-6999	30	8	justify	justify	VERB
ejge-6999	30	9	the	the	DET
ejge-6999	30	10	data	datum	NOUN
ejge-6999	30	11	,	,	PUNCT
ejge-6999	30	12	variables	variable	NOUN
ejge-6999	30	13	and	and	CCONJ
ejge-6999	30	14	econometric	econometric	ADJ
ejge-6999	30	15	methods	method	NOUN
ejge-6999	30	16	used	use	VERB
ejge-6999	30	17	,	,	PUNCT
ejge-6999	30	18	and	and	CCONJ
ejge-6999	30	19	we	we	PRON
ejge-6999	30	20	also	also	ADV
ejge-6999	30	21	show	show	VERB
ejge-6999	30	22	and	and	CCONJ
ejge-6999	30	23	discuss	discuss	VERB
ejge-6999	30	24	the	the	DET
ejge-6999	30	25	results	result	NOUN
ejge-6999	30	26	of	of	ADP
ejge-6999	30	27	our	our	PRON
ejge-6999	30	28	analysis	analysis	NOUN
ejge-6999	30	29	.	.	PUNCT
ejge-6999	31	1	finally	finally	ADV
ejge-6999	31	2	,	,	PUNCT
ejge-6999	31	3	the	the	DET
ejge-6999	31	4	main	main	ADJ
ejge-6999	31	5	conclusions	conclusion	NOUN
ejge-6999	31	6	of	of	ADP
ejge-6999	31	7	this	this	DET
ejge-6999	31	8	paper	paper	NOUN
ejge-6999	31	9	are	be	AUX
ejge-6999	31	10	summarised	summarise	VERB
ejge-6999	31	11	.	.	PUNCT
ejge-6999	32	1	2	2	X
ejge-6999	32	2	.	.	X
ejge-6999	32	3	literature	literature	NOUN
ejge-6999	32	4	review	review	VERB
ejge-6999	32	5	the	the	DET
ejge-6999	32	6	relationship	relationship	NOUN
ejge-6999	32	7	between	between	ADP
ejge-6999	32	8	uncertainty	uncertainty	NOUN
ejge-6999	32	9	and	and	CCONJ
ejge-6999	32	10	the	the	DET
ejge-6999	32	11	economy	economy	NOUN
ejge-6999	32	12	is	be	AUX
ejge-6999	32	13	not	not	PART
ejge-6999	32	14	a	a	DET
ejge-6999	32	15	new	new	ADJ
ejge-6999	32	16	issue	issue	NOUN
ejge-6999	32	17	to	to	PART
ejge-6999	32	18	be	be	AUX
ejge-6999	32	19	studied	study	VERB
ejge-6999	32	20	.	.	PUNCT
ejge-6999	33	1	uncertainty	uncertainty	NOUN
ejge-6999	33	2	has	have	AUX
ejge-6999	33	3	intensified	intensify	VERB
ejge-6999	33	4	in	in	ADP
ejge-6999	33	5	the	the	DET
ejge-6999	33	6	wake	wake	NOUN
ejge-6999	33	7	of	of	ADP
ejge-6999	33	8	the	the	DET
ejge-6999	33	9	global	global	ADJ
ejge-6999	33	10	financial	financial	ADJ
ejge-6999	33	11	crisis	crisis	NOUN
ejge-6999	33	12	,	,	PUNCT
ejge-6999	33	13	crises	crisis	NOUN
ejge-6999	33	14	in	in	ADP
ejge-6999	33	15	the	the	DET
ejge-6999	33	16	euro	euro	NOUN
ejge-6999	33	17	area	area	NOUN
ejge-6999	33	18	and	and	CCONJ
ejge-6999	33	19	partisan	partisan	ADJ
ejge-6999	33	20	political	political	ADJ
ejge-6999	33	21	disputes	dispute	NOUN
ejge-6999	33	22	.	.	PUNCT
ejge-6999	34	1	evidence	evidence	NOUN
ejge-6999	34	2	of	of	ADP
ejge-6999	34	3	this	this	PRON
ejge-6999	34	4	is	be	AUX
ejge-6999	34	5	provided	provide	VERB
ejge-6999	34	6	by	by	ADP
ejge-6999	34	7	the	the	DET
ejge-6999	34	8	research	research	NOUN
ejge-6999	34	9	of	of	ADP
ejge-6999	34	10	the	the	DET
ejge-6999	34	11	international	international	ADJ
ejge-6999	34	12	monetary	monetary	ADJ
ejge-6999	34	13	fund	fund	NOUN
ejge-6999	34	14	(	(	PUNCT
ejge-6999	34	15	imf	imf	PROPN
ejge-6999	34	16	,	,	PUNCT
ejge-6999	34	17	2012	2012	NUM
ejge-6999	34	18	and	and	CCONJ
ejge-6999	34	19	2013	2013	NUM
ejge-6999	34	20	)	)	PUNCT
ejge-6999	34	21	and	and	CCONJ
ejge-6999	34	22	the	the	DET
ejge-6999	34	23	federal	federal	ADJ
ejge-6999	34	24	open	open	ADJ
ejge-6999	34	25	market	market	NOUN
ejge-6999	34	26	committee	committee	NOUN
ejge-6999	34	27	(	(	PUNCT
ejge-6999	34	28	2009	2009	NUM
ejge-6999	34	29	)	)	PUNCT
ejge-6999	34	30	,	,	PUNCT
ejge-6999	34	31	which	which	PRON
ejge-6999	34	32	highlight	highlight	VERB
ejge-6999	34	33	that	that	DET
ejge-6999	34	34	uncertainty	uncertainty	NOUN
ejge-6999	34	35	about	about	ADP
ejge-6999	34	36	fiscal	fiscal	ADJ
ejge-6999	34	37	,	,	PUNCT
ejge-6999	34	38	regulatory	regulatory	ADJ
ejge-6999	34	39	and	and	CCONJ
ejge-6999	34	40	monetary	monetary	ADJ
ejge-6999	34	41	policies	policy	NOUN
ejge-6999	34	42	in	in	ADP
ejge-6999	34	43	the	the	DET
ejge-6999	34	44	united	united	PROPN
ejge-6999	34	45	states	states	PROPN
ejge-6999	34	46	and	and	CCONJ
ejge-6999	34	47	europe	europe	PROPN
ejge-6999	34	48	contributed	contribute	VERB
ejge-6999	34	49	to	to	ADP
ejge-6999	34	50	a	a	DET
ejge-6999	34	51	sharp	sharp	ADJ
ejge-6999	34	52	economic	economic	ADJ
ejge-6999	34	53	decline	decline	NOUN
ejge-6999	34	54	in	in	ADP
ejge-6999	34	55	the	the	DET
ejge-6999	34	56	years	year	NOUN
ejge-6999	34	57	of	of	ADP
ejge-6999	34	58	the	the	DET
ejge-6999	34	59	financial	financial	ADJ
ejge-6999	34	60	crisis	crisis	NOUN
ejge-6999	34	61	in	in	ADP
ejge-6999	34	62	2008	2008	NUM
ejge-6999	34	63	and	and	CCONJ
ejge-6999	34	64	a	a	DET
ejge-6999	34	65	slowdown	slowdown	NOUN
ejge-6999	34	66	in	in	ADP
ejge-6999	34	67	the	the	DET
ejge-6999	34	68	subsequent	subsequent	ADJ
ejge-6999	34	69	economic	economic	ADJ
ejge-6999	34	70	recovery	recovery	NOUN
ejge-6999	34	71	.	.	PUNCT
ejge-6999	35	1	due	due	ADP
ejge-6999	35	2	to	to	ADP
ejge-6999	35	3	the	the	DET
ejge-6999	35	4	negative	negative	ADJ
ejge-6999	35	5	impact	impact	NOUN
ejge-6999	35	6	of	of	ADP
ejge-6999	35	7	economic	economic	ADJ
ejge-6999	35	8	policy	policy	NOUN
ejge-6999	35	9	uncertainty	uncertainty	NOUN
ejge-6999	35	10	on	on	ADP
ejge-6999	35	11	the	the	DET
ejge-6999	35	12	stock	stock	NOUN
ejge-6999	35	13	markets	market	NOUN
ejge-6999	35	14	,	,	PUNCT
ejge-6999	35	15	it	it	PRON
ejge-6999	35	16	is	be	AUX
ejge-6999	35	17	important	important	ADJ
ejge-6999	35	18	to	to	PART
ejge-6999	35	19	include	include	VERB
ejge-6999	35	20	it	it	PRON
ejge-6999	35	21	in	in	ADP
ejge-6999	35	22	this	this	DET
ejge-6999	35	23	section	section	NOUN
ejge-6999	35	24	.	.	PUNCT
ejge-6999	36	1	both	both	PRON
ejge-6999	36	2	in	in	ADP
ejge-6999	36	3	the	the	DET
ejge-6999	36	4	us	us	PROPN
ejge-6999	36	5	and	and	CCONJ
ejge-6999	36	6	in	in	ADP
ejge-6999	36	7	europe	europe	PROPN
ejge-6999	36	8	it	it	PRON
ejge-6999	36	9	has	have	AUX
ejge-6999	36	10	been	be	AUX
ejge-6999	36	11	found	find	VERB
ejge-6999	36	12	that	that	SCONJ
ejge-6999	36	13	it	it	PRON
ejge-6999	36	14	leads	lead	VERB
ejge-6999	36	15	to	to	ADP
ejge-6999	36	16	a	a	DET
ejge-6999	36	17	worsening	worsening	NOUN
ejge-6999	36	18	of	of	ADP
ejge-6999	36	19	macroeconomic	macroeconomic	ADJ
ejge-6999	36	20	performance	performance	NOUN
ejge-6999	36	21	,	,	PUNCT
ejge-6999	36	22	in	in	ADP
ejge-6999	36	23	addition	addition	NOUN
ejge-6999	36	24	to	to	ADP
ejge-6999	36	25	effects	effect	NOUN
ejge-6999	36	26	on	on	ADP
ejge-6999	36	27	the	the	DET
ejge-6999	36	28	volatility	volatility	NOUN
ejge-6999	36	29	of	of	ADP
ejge-6999	36	30	share	share	NOUN
ejge-6999	36	31	prices	price	NOUN
ejge-6999	36	32	(	(	PUNCT
ejge-6999	36	33	baker	baker	PROPN
ejge-6999	36	34	,	,	PUNCT
ejge-6999	36	35	bloom	bloom	PROPN
ejge-6999	36	36	&	&	CCONJ
ejge-6999	36	37	david	david	PROPN
ejge-6999	36	38	,	,	PUNCT
ejge-6999	36	39	2016	2016	NUM
ejge-6999	36	40	)	)	PUNCT
ejge-6999	36	41	.	.	PUNCT
ejge-6999	37	1	furthermore	furthermore	ADV
ejge-6999	37	2	,	,	PUNCT
ejge-6999	37	3	carney	carney	NOUN
ejge-6999	37	4	(	(	PUNCT
ejge-6999	37	5	2016	2016	NUM
ejge-6999	37	6	)	)	PUNCT
ejge-6999	37	7	includes	include	VERB
ejge-6999	37	8	geopolitical	geopolitical	ADJ
ejge-6999	37	9	risk	risk	NOUN
ejge-6999	37	10	,	,	PUNCT
ejge-6999	37	11	together	together	ADV
ejge-6999	37	12	with	with	ADP
ejge-6999	37	13	the	the	DET
ejge-6999	37	14	economic	economic	ADJ
ejge-6999	37	15	and	and	CCONJ
ejge-6999	37	16	political	political	ADJ
ejge-6999	37	17	uncertainty	uncertainty	NOUN
ejge-6999	37	18	,	,	PUNCT
ejge-6999	37	19	in	in	ADP
ejge-6999	37	20	an	an	DET
ejge-6999	37	21	"	"	PUNCT
ejge-6999	37	22	uncertainty	uncertainty	NOUN
ejge-6999	37	23	trinity	trinity	NOUN
ejge-6999	37	24	"	"	PUNCT
ejge-6999	37	25	,	,	PUNCT
ejge-6999	37	26	as	as	SCONJ
ejge-6999	37	27	these	these	DET
ejge-6999	37	28	three	three	NUM
ejge-6999	37	29	factors	factor	NOUN
ejge-6999	37	30	could	could	AUX
ejge-6999	37	31	have	have	VERB
ejge-6999	37	32	significant	significant	ADJ
ejge-6999	37	33	adverse	adverse	ADJ
ejge-6999	37	34	economic	economic	ADJ
ejge-6999	37	35	effects	effect	NOUN
ejge-6999	37	36	.	.	PUNCT
ejge-6999	38	1	in	in	ADP
ejge-6999	38	2	recent	recent	ADJ
ejge-6999	38	3	years	year	NOUN
ejge-6999	38	4	,	,	PUNCT
ejge-6999	38	5	the	the	DET
ejge-6999	38	6	european	european	PROPN
ejge-6999	38	7	central	central	PROPN
ejge-6999	38	8	bank	bank	PROPN
ejge-6999	38	9	in	in	ADP
ejge-6999	38	10	the	the	DET
ejge-6999	38	11	economic	economic	ADJ
ejge-6999	38	12	bulletin	bulletin	NOUN
ejge-6999	38	13	-	-	PUNCT
ejge-6999	38	14	,	,	PUNCT
ejge-6999	38	15	the	the	DET
ejge-6999	38	16	international	international	ADJ
ejge-6999	38	17	monetary	monetary	ADJ
ejge-6999	38	18	fund	fund	NOUN
ejge-6999	38	19	and	and	CCONJ
ejge-6999	38	20	the	the	DET
ejge-6999	38	21	world	world	NOUN
ejge-6999	38	22	bank	bank	PROPN
ejge-6999	38	23	in	in	ADP
ejge-6999	38	24	the	the	DET
ejge-6999	38	25	world	world	NOUN
ejge-6999	38	26	economic	economic	ADJ
ejge-6999	38	27	outlook	outlook	NOUN
ejge-6999	38	28	have	have	AUX
ejge-6999	38	29	systematically	systematically	ADV
ejge-6999	38	30	highlighted	highlight	VERB
ejge-6999	38	31	and	and	CCONJ
ejge-6999	38	32	monitored	monitor	VERB
ejge-6999	38	33	these	these	DET
ejge-6999	38	34	risks	risk	NOUN
ejge-6999	38	35	to	to	ADP
ejge-6999	38	36	the	the	DET
ejge-6999	38	37	outlook	outlook	NOUN
ejge-6999	38	38	posed	pose	VERB
ejge-6999	38	39	by	by	ADP
ejge-6999	38	40	geopolitical	geopolitical	ADJ
ejge-6999	38	41	uncertainties	uncertainty	NOUN
ejge-6999	38	42	.	.	PUNCT
ejge-6999	39	1	mary	mary	PROPN
ejge-6999	39	2	elena	elena	PROPN
ejge-6999	39	3	sánchez	sánchez	PROPN
ejge-6999	39	4	-	-	PUNCT
ejge-6999	39	5	gabarre	gabarre	PROPN
ejge-6999	39	6	/	/	SYM
ejge-6999	39	7	european	european	ADJ
ejge-6999	39	8	journal	journal	PROPN
ejge-6999	39	9	of	of	ADP
ejge-6999	39	10	government	government	NOUN
ejge-6999	39	11	and	and	CCONJ
ejge-6999	39	12	economics	economic	NOUN
ejge-6999	39	13	9(3	9(3	NUM
ejge-6999	39	14	)	)	PUNCT
ejge-6999	39	15	,	,	PUNCT
ejge-6999	39	16	december	december	PROPN
ejge-6999	39	17	2020	2020	NUM
ejge-6999	39	18	,	,	PUNCT
ejge-6999	39	19	265	265	NUM
ejge-6999	39	20	-	-	SYM
ejge-6999	39	21	279	279	NUM
ejge-6999	39	22	267	267	NUM
ejge-6999	39	23	in	in	ADP
ejge-6999	39	24	this	this	DET
ejge-6999	39	25	respect	respect	NOUN
ejge-6999	39	26	,	,	PUNCT
ejge-6999	39	27	authors	author	NOUN
ejge-6999	39	28	such	such	ADJ
ejge-6999	39	29	as	as	ADP
ejge-6999	39	30	erb	erb	NOUN
ejge-6999	39	31	,	,	PUNCT
ejge-6999	39	32	harvey	harvey	NOUN
ejge-6999	39	33	and	and	CCONJ
ejge-6999	39	34	viskanta	viskanta	PROPN
ejge-6999	39	35	(	(	PUNCT
ejge-6999	39	36	1996	1996	NUM
ejge-6999	39	37	)	)	PUNCT
ejge-6999	39	38	find	find	VERB
ejge-6999	39	39	a	a	DET
ejge-6999	39	40	relationship	relationship	NOUN
ejge-6999	39	41	between	between	ADP
ejge-6999	39	42	political	political	ADJ
ejge-6999	39	43	risk	risk	NOUN
ejge-6999	39	44	,	,	PUNCT
ejge-6999	39	45	as	as	SCONJ
ejge-6999	39	46	measured	measure	VERB
ejge-6999	39	47	by	by	ADP
ejge-6999	39	48	the	the	DET
ejge-6999	39	49	international	international	ADJ
ejge-6999	39	50	country	country	NOUN
ejge-6999	39	51	risk	risk	NOUN
ejge-6999	39	52	guide	guide	NOUN
ejge-6999	39	53	,	,	PUNCT
ejge-6999	39	54	and	and	CCONJ
ejge-6999	39	55	future	future	ADJ
ejge-6999	39	56	stock	stock	NOUN
ejge-6999	39	57	returns	return	NOUN
ejge-6999	39	58	.	.	PUNCT
ejge-6999	40	1	it	it	PRON
ejge-6999	40	2	is	be	AUX
ejge-6999	40	3	also	also	ADV
ejge-6999	40	4	important	important	ADJ
ejge-6999	40	5	to	to	PART
ejge-6999	40	6	note	note	VERB
ejge-6999	40	7	the	the	DET
ejge-6999	40	8	abnormally	abnormally	ADV
ejge-6999	40	9	bullish	bullish	ADJ
ejge-6999	40	10	stock	stock	NOUN
ejge-6999	40	11	market	market	NOUN
ejge-6999	40	12	in	in	ADP
ejge-6999	40	13	the	the	DET
ejge-6999	40	14	weeks	week	NOUN
ejge-6999	40	15	leading	lead	VERB
ejge-6999	40	16	up	up	ADP
ejge-6999	40	17	to	to	ADP
ejge-6999	40	18	major	major	ADJ
ejge-6999	40	19	elections	election	NOUN
ejge-6999	40	20	,	,	PUNCT
ejge-6999	40	21	especially	especially	ADV
ejge-6999	40	22	those	those	PRON
ejge-6999	40	23	characterised	characterise	VERB
ejge-6999	40	24	by	by	ADP
ejge-6999	40	25	high	high	ADJ
ejge-6999	40	26	levels	level	NOUN
ejge-6999	40	27	of	of	ADP
ejge-6999	40	28	uncertainty	uncertainty	NOUN
ejge-6999	40	29	(	(	PUNCT
ejge-6999	40	30	pantzalis	pantzalis	PROPN
ejge-6999	40	31	,	,	PUNCT
ejge-6999	40	32	stangeland	stangeland	PROPN
ejge-6999	40	33	&	&	CCONJ
ejge-6999	40	34	turtle	turtle	PROPN
ejge-6999	40	35	,	,	PUNCT
ejge-6999	40	36	2000	2000	NUM
ejge-6999	40	37	;	;	PUNCT
ejge-6999	40	38	li	li	PROPN
ejge-6999	40	39	&	&	CCONJ
ejge-6999	40	40	born	bear	VERB
ejge-6999	40	41	,	,	PUNCT
ejge-6999	40	42	2006	2006	NUM
ejge-6999	40	43	)	)	PUNCT
ejge-6999	40	44	.	.	PUNCT
ejge-6999	41	1	this	this	DET
ejge-6999	41	2	evidence	evidence	NOUN
ejge-6999	41	3	is	be	AUX
ejge-6999	41	4	consistent	consistent	ADJ
ejge-6999	41	5	with	with	ADP
ejge-6999	41	6	a	a	DET
ejge-6999	41	7	positive	positive	ADJ
ejge-6999	41	8	relationship	relationship	NOUN
ejge-6999	41	9	between	between	ADP
ejge-6999	41	10	risk	risk	NOUN
ejge-6999	41	11	premium	premium	NOUN
ejge-6999	41	12	and	and	CCONJ
ejge-6999	41	13	political	political	ADJ
ejge-6999	41	14	uncertainty	uncertainty	NOUN
ejge-6999	41	15	.	.	PUNCT
ejge-6999	42	1	in	in	ADP
ejge-6999	42	2	this	this	DET
ejge-6999	42	3	sense	sense	NOUN
ejge-6999	42	4	,	,	PUNCT
ejge-6999	42	5	we	we	PRON
ejge-6999	42	6	must	must	AUX
ejge-6999	42	7	expect	expect	VERB
ejge-6999	42	8	a	a	DET
ejge-6999	42	9	positive	positive	ADJ
ejge-6999	42	10	relationship	relationship	NOUN
ejge-6999	42	11	between	between	ADP
ejge-6999	42	12	the	the	DET
ejge-6999	42	13	risk	risk	NOUN
ejge-6999	42	14	premium	premium	NOUN
ejge-6999	42	15	and	and	CCONJ
ejge-6999	42	16	their	their	PRON
ejge-6999	42	17	measure	measure	NOUN
ejge-6999	42	18	of	of	ADP
ejge-6999	42	19	economic	economic	ADJ
ejge-6999	42	20	policy	policy	NOUN
ejge-6999	42	21	based	base	VERB
ejge-6999	42	22	on	on	ADP
ejge-6999	42	23	uncertainty	uncertainty	NOUN
ejge-6999	42	24	in	in	ADP
ejge-6999	42	25	an	an	DET
ejge-6999	42	26	international	international	ADJ
ejge-6999	42	27	scenario	scenario	NOUN
ejge-6999	42	28	(	(	PUNCT
ejge-6999	42	29	brogaard	brogaard	PROPN
ejge-6999	42	30	&	&	CCONJ
ejge-6999	42	31	detzel	detzel	PROPN
ejge-6999	42	32	,	,	PUNCT
ejge-6999	42	33	2015	2015	NUM
ejge-6999	42	34	)	)	PUNCT
ejge-6999	42	35	and	and	CCONJ
ejge-6999	42	36	relate	relate	VERB
ejge-6999	42	37	the	the	DET
ejge-6999	42	38	risk	risk	NOUN
ejge-6999	42	39	premium	premium	NOUN
ejge-6999	42	40	to	to	ADP
ejge-6999	42	41	political	political	ADJ
ejge-6999	42	42	cycles	cycle	NOUN
ejge-6999	42	43	(	(	PUNCT
ejge-6999	42	44	santa	santa	PROPN
ejge-6999	42	45	-	-	PUNCT
ejge-6999	42	46	clara	clara	PROPN
ejge-6999	42	47	&	&	CCONJ
ejge-6999	42	48	valkanov	valkanov	PROPN
ejge-6999	42	49	,	,	PUNCT
ejge-6999	42	50	2003	2003	NUM
ejge-6999	42	51	;	;	PUNCT
ejge-6999	42	52	belo	belo	PROPN
ejge-6999	42	53	,	,	PUNCT
ejge-6999	42	54	gala	gala	NOUN
ejge-6999	42	55	&	&	CCONJ
ejge-6999	42	56	li	li	PROPN
ejge-6999	42	57	,	,	PUNCT
ejge-6999	42	58	2013	2013	NUM
ejge-6999	42	59	)	)	PUNCT
ejge-6999	42	60	.	.	PUNCT
ejge-6999	43	1	in	in	ADP
ejge-6999	43	2	addition	addition	NOUN
ejge-6999	43	3	,	,	PUNCT
ejge-6999	43	4	some	some	DET
ejge-6999	43	5	authors	author	NOUN
ejge-6999	43	6	(	(	PUNCT
ejge-6999	43	7	bittlingmayer	bittlingmayer	NOUN
ejge-6999	43	8	,	,	PUNCT
ejge-6999	43	9	1998	1998	NUM
ejge-6999	43	10	;	;	PUNCT
ejge-6999	43	11	voth	voth	PROPN
ejge-6999	43	12	,	,	PUNCT
ejge-6999	43	13	2003	2003	NUM
ejge-6999	43	14	;	;	PUNCT
ejge-6999	43	15	boutchkova	boutchkova	X
ejge-6999	43	16	,	,	PUNCT
ejge-6999	43	17	doshi	doshi	PROPN
ejge-6999	43	18	,	,	PUNCT
ejge-6999	43	19	durnev	durnev	PROPN
ejge-6999	43	20	&	&	CCONJ
ejge-6999	43	21	molchanov	molchanov	PROPN
ejge-6999	43	22	,	,	PUNCT
ejge-6999	43	23	2012	2012	NUM
ejge-6999	43	24	)	)	PUNCT
ejge-6999	43	25	have	have	AUX
ejge-6999	43	26	studied	study	VERB
ejge-6999	43	27	the	the	DET
ejge-6999	43	28	relationship	relationship	NOUN
ejge-6999	43	29	between	between	ADP
ejge-6999	43	30	political	political	ADJ
ejge-6999	43	31	uncertainty	uncertainty	NOUN
ejge-6999	43	32	and	and	CCONJ
ejge-6999	43	33	volatility	volatility	NOUN
ejge-6999	43	34	in	in	ADP
ejge-6999	43	35	stock	stock	NOUN
ejge-6999	43	36	markets	market	NOUN
ejge-6999	43	37	.	.	PUNCT
ejge-6999	44	1	therefore	therefore	ADV
ejge-6999	44	2	,	,	PUNCT
ejge-6999	44	3	three	three	NUM
ejge-6999	44	4	perspectives	perspective	NOUN
ejge-6999	44	5	are	be	AUX
ejge-6999	44	6	taken	take	VERB
ejge-6999	44	7	into	into	ADP
ejge-6999	44	8	account	account	NOUN
ejge-6999	44	9	together	together	ADV
ejge-6999	44	10	throughout	throughout	ADP
ejge-6999	44	11	this	this	DET
ejge-6999	44	12	paper	paper	NOUN
ejge-6999	44	13	:	:	PUNCT
ejge-6999	44	14	economic	economic	ADJ
ejge-6999	44	15	policy	policy	NOUN
ejge-6999	44	16	uncertainty	uncertainty	NOUN
ejge-6999	44	17	,	,	PUNCT
ejge-6999	44	18	geopolitical	geopolitical	ADJ
ejge-6999	44	19	risk	risk	NOUN
ejge-6999	44	20	and	and	CCONJ
ejge-6999	44	21	stock	stock	NOUN
ejge-6999	44	22	market	market	NOUN
ejge-6999	44	23	volatility	volatility	NOUN
ejge-6999	44	24	.	.	PUNCT
ejge-6999	45	1	firstly	firstly	ADV
ejge-6999	45	2	,	,	PUNCT
ejge-6999	45	3	economic	economic	ADJ
ejge-6999	45	4	policy	policy	NOUN
ejge-6999	45	5	uncertainty	uncertainty	NOUN
ejge-6999	45	6	provide	provide	VERB
ejge-6999	45	7	additional	additional	ADJ
ejge-6999	45	8	information	information	NOUN
ejge-6999	45	9	on	on	ADP
ejge-6999	45	10	the	the	DET
ejge-6999	45	11	stock	stock	NOUN
ejge-6999	45	12	market	market	NOUN
ejge-6999	45	13	effects	effect	NOUN
ejge-6999	45	14	.	.	PUNCT
ejge-6999	46	1	this	this	DET
ejge-6999	46	2	economic	economic	ADJ
ejge-6999	46	3	policy	policy	NOUN
ejge-6999	46	4	uncertainty	uncertainty	NOUN
ejge-6999	46	5	comprises	comprise	VERB
ejge-6999	46	6	the	the	DET
ejge-6999	46	7	actions	action	NOUN
ejge-6999	46	8	and	and	CCONJ
ejge-6999	46	9	decisions	decision	NOUN
ejge-6999	46	10	that	that	PRON
ejge-6999	46	11	the	the	DET
ejge-6999	46	12	authorities	authority	NOUN
ejge-6999	46	13	of	of	ADP
ejge-6999	46	14	each	each	DET
ejge-6999	46	15	country	country	NOUN
ejge-6999	46	16	take	take	VERB
ejge-6999	46	17	within	within	ADP
ejge-6999	46	18	the	the	DET
ejge-6999	46	19	scope	scope	NOUN
ejge-6999	46	20	of	of	ADP
ejge-6999	46	21	the	the	DET
ejge-6999	46	22	economy	economy	NOUN
ejge-6999	46	23	.	.	PUNCT
ejge-6999	47	1	focusing	focus	VERB
ejge-6999	47	2	explicitly	explicitly	ADV
ejge-6999	47	3	on	on	ADP
ejge-6999	47	4	the	the	DET
ejge-6999	47	5	existing	exist	VERB
ejge-6999	47	6	literature	literature	NOUN
ejge-6999	47	7	on	on	ADP
ejge-6999	47	8	policy	policy	NOUN
ejge-6999	47	9	uncertainty	uncertainty	NOUN
ejge-6999	47	10	,	,	PUNCT
ejge-6999	47	11	we	we	PRON
ejge-6999	47	12	find	find	VERB
ejge-6999	47	13	,	,	PUNCT
ejge-6999	47	14	for	for	ADP
ejge-6999	47	15	example	example	NOUN
ejge-6999	47	16	,	,	PUNCT
ejge-6999	47	17	friedman	friedman	PROPN
ejge-6999	47	18	(	(	PUNCT
ejge-6999	47	19	1968	1968	NUM
ejge-6999	47	20	)	)	PUNCT
ejge-6999	47	21	,	,	PUNCT
ejge-6999	47	22	rodrik	rodrik	PROPN
ejge-6999	47	23	(	(	PUNCT
ejge-6999	47	24	1991	1991	NUM
ejge-6999	47	25	)	)	PUNCT
ejge-6999	47	26	,	,	PUNCT
ejge-6999	47	27	higgs	higgs	PROPN
ejge-6999	47	28	(	(	PUNCT
ejge-6999	47	29	1997	1997	NUM
ejge-6999	47	30	)	)	PUNCT
ejge-6999	47	31	and	and	CCONJ
ejge-6999	47	32	hassett	hassett	NOUN
ejge-6999	47	33	and	and	CCONJ
ejge-6999	47	34	metcalf	metcalf	PROPN
ejge-6999	47	35	(	(	PUNCT
ejge-6999	47	36	1999	1999	NUM
ejge-6999	47	37	)	)	PUNCT
ejge-6999	47	38	,	,	PUNCT
ejge-6999	47	39	who	who	PRON
ejge-6999	47	40	consider	consider	VERB
ejge-6999	47	41	the	the	DET
ejge-6999	47	42	detrimental	detrimental	ADJ
ejge-6999	47	43	economic	economic	ADJ
ejge-6999	47	44	effects	effect	NOUN
ejge-6999	47	45	of	of	ADP
ejge-6999	47	46	uncertainty	uncertainty	NOUN
ejge-6999	47	47	on	on	ADP
ejge-6999	47	48	monetary	monetary	ADJ
ejge-6999	47	49	,	,	PUNCT
ejge-6999	47	50	fiscal	fiscal	ADJ
ejge-6999	47	51	and	and	CCONJ
ejge-6999	47	52	regulatory	regulatory	ADJ
ejge-6999	47	53	policies	policy	NOUN
ejge-6999	47	54	.	.	PUNCT
ejge-6999	48	1	more	more	ADV
ejge-6999	48	2	recently	recently	ADV
ejge-6999	48	3	,	,	PUNCT
ejge-6999	48	4	born	bear	VERB
ejge-6999	48	5	and	and	CCONJ
ejge-6999	48	6	pfeifer	pfeifer	PROPN
ejge-6999	48	7	(	(	PUNCT
ejge-6999	48	8	2014	2014	NUM
ejge-6999	48	9	)	)	PUNCT
ejge-6999	48	10	and	and	CCONJ
ejge-6999	48	11	fernández	fernández	PROPN
ejge-6999	48	12	-	-	PUNCT
ejge-6999	48	13	villaverde	villaverde	ADJ
ejge-6999	48	14	,	,	PUNCT
ejge-6999	48	15	guerrón	guerrón	NOUN
ejge-6999	48	16	-	-	PUNCT
ejge-6999	48	17	quintana	quintana	ADJ
ejge-6999	48	18	,	,	PUNCT
ejge-6999	48	19	kuester	kuester	NOUN
ejge-6999	48	20	and	and	CCONJ
ejge-6999	48	21	rubio	rubio	NOUN
ejge-6999	48	22	-	-	PUNCT
ejge-6999	48	23	ramírez	ramírez	NOUN
ejge-6999	48	24	(	(	PUNCT
ejge-6999	48	25	2015	2015	NUM
ejge-6999	48	26	)	)	PUNCT
ejge-6999	48	27	study	study	NOUN
ejge-6999	48	28	policy	policy	NOUN
ejge-6999	48	29	uncertainty	uncertainty	NOUN
ejge-6999	48	30	by	by	ADP
ejge-6999	48	31	means	mean	NOUN
ejge-6999	48	32	of	of	ADP
ejge-6999	48	33	dsge	dsge	NOUN
ejge-6999	48	34	(	(	PUNCT
ejge-6999	48	35	dynamic	dynamic	ADJ
ejge-6999	48	36	stochastic	stochastic	ADJ
ejge-6999	48	37	general	general	ADJ
ejge-6999	48	38	equilibrium	equilibrium	NOUN
ejge-6999	48	39	)	)	PUNCT
ejge-6999	48	40	models	model	NOUN
ejge-6999	48	41	,	,	PUNCT
ejge-6999	48	42	finding	find	VERB
ejge-6999	48	43	moderately	moderately	ADV
ejge-6999	48	44	negative	negative	ADJ
ejge-6999	48	45	effects	effect	NOUN
ejge-6999	48	46	,	,	PUNCT
ejge-6999	48	47	whereas	whereas	SCONJ
ejge-6999	48	48	pastor	pastor	NOUN
ejge-6999	48	49	and	and	CCONJ
ejge-6999	48	50	veronesi	veronesi	NOUN
ejge-6999	48	51	(	(	PUNCT
ejge-6999	48	52	2012	2012	NUM
ejge-6999	48	53	,	,	PUNCT
ejge-6999	48	54	2013	2013	NUM
ejge-6999	48	55	)	)	PUNCT
ejge-6999	48	56	model	model	NOUN
ejge-6999	48	57	the	the	DET
ejge-6999	48	58	theoretical	theoretical	ADJ
ejge-6999	48	59	links	link	NOUN
ejge-6999	48	60	between	between	ADP
ejge-6999	48	61	their	their	PRON
ejge-6999	48	62	fluctuations	fluctuation	NOUN
ejge-6999	48	63	,	,	PUNCT
ejge-6999	48	64	policy	policy	NOUN
ejge-6999	48	65	uncertainty	uncertainty	NOUN
ejge-6999	48	66	and	and	CCONJ
ejge-6999	48	67	stock	stock	NOUN
ejge-6999	48	68	market	market	NOUN
ejge-6999	48	69	volatility	volatility	NOUN
ejge-6999	48	70	.	.	PUNCT
ejge-6999	49	1	accordingly	accordingly	ADV
ejge-6999	49	2	,	,	PUNCT
ejge-6999	49	3	some	some	DET
ejge-6999	49	4	recent	recent	ADJ
ejge-6999	49	5	papers	paper	NOUN
ejge-6999	49	6	studied	study	VERB
ejge-6999	49	7	the	the	DET
ejge-6999	49	8	negative	negative	ADJ
ejge-6999	49	9	relationship	relationship	NOUN
ejge-6999	49	10	between	between	ADP
ejge-6999	49	11	economic	economic	ADJ
ejge-6999	49	12	policy	policy	NOUN
ejge-6999	49	13	uncertainty	uncertainty	NOUN
ejge-6999	49	14	and	and	CCONJ
ejge-6999	49	15	economic	economic	ADJ
ejge-6999	49	16	activity	activity	NOUN
ejge-6999	49	17	(	(	PUNCT
ejge-6999	49	18	bloom	bloom	NOUN
ejge-6999	49	19	,	,	PUNCT
ejge-6999	49	20	2009	2009	NUM
ejge-6999	49	21	;	;	PUNCT
ejge-6999	49	22	giavazzi	giavazzi	PROPN
ejge-6999	49	23	&	&	CCONJ
ejge-6999	49	24	mcmahon	mcmahon	PROPN
ejge-6999	49	25	,	,	PUNCT
ejge-6999	49	26	2012	2012	NUM
ejge-6999	49	27	;	;	PUNCT
ejge-6999	49	28	julio	julio	PROPN
ejge-6999	49	29	&	&	CCONJ
ejge-6999	49	30	yook	yook	PROPN
ejge-6999	49	31	,	,	PUNCT
ejge-6999	49	32	2012	2012	NUM
ejge-6999	49	33	;	;	PUNCT
ejge-6999	49	34	bloom	bloom	NOUN
ejge-6999	49	35	,	,	PUNCT
ejge-6999	49	36	2014	2014	NUM
ejge-6999	49	37	;	;	PUNCT
ejge-6999	49	38	leduc	leduc	PROPN
ejge-6999	49	39	&	&	CCONJ
ejge-6999	49	40	liu	liu	PROPN
ejge-6999	49	41	,	,	PUNCT
ejge-6999	49	42	2015	2015	NUM
ejge-6999	49	43	;	;	PUNCT
ejge-6999	49	44	koijen	koijen	PROPN
ejge-6999	49	45	,	,	PUNCT
ejge-6999	49	46	philipson	philipson	PROPN
ejge-6999	49	47	&	&	CCONJ
ejge-6999	49	48	uhlig	uhlig	PROPN
ejge-6999	49	49	,	,	PUNCT
ejge-6999	49	50	2016	2016	NUM
ejge-6999	49	51	;	;	PUNCT
ejge-6999	49	52	scotti	scotti	PROPN
ejge-6999	49	53	,	,	PUNCT
ejge-6999	49	54	2016	2016	NUM
ejge-6999	49	55	;	;	PUNCT
ejge-6999	49	56	basu	basu	PROPN
ejge-6999	49	57	&	&	CCONJ
ejge-6999	49	58	bundick	bundick	PROPN
ejge-6999	49	59	,	,	PUNCT
ejge-6999	49	60	2017	2017	NUM
ejge-6999	49	61	)	)	PUNCT
ejge-6999	49	62	.	.	PUNCT
ejge-6999	50	1	secondly	secondly	ADV
ejge-6999	50	2	,	,	PUNCT
ejge-6999	50	3	geopolitical	geopolitical	ADJ
ejge-6999	50	4	risks	risk	NOUN
ejge-6999	50	5	owe	owe	VERB
ejge-6999	50	6	its	its	PRON
ejge-6999	50	7	relevance	relevance	NOUN
ejge-6999	50	8	to	to	ADP
ejge-6999	50	9	the	the	DET
ejge-6999	50	10	fact	fact	NOUN
ejge-6999	50	11	that	that	SCONJ
ejge-6999	50	12	entrepreneurs	entrepreneur	NOUN
ejge-6999	50	13	,	,	PUNCT
ejge-6999	50	14	market	market	NOUN
ejge-6999	50	15	participants	participant	NOUN
ejge-6999	50	16	and	and	CCONJ
ejge-6999	50	17	central	central	ADJ
ejge-6999	50	18	banks	bank	NOUN
ejge-6999	50	19	have	have	AUX
ejge-6999	50	20	in	in	ADP
ejge-6999	50	21	recent	recent	ADJ
ejge-6999	50	22	years	year	NOUN
ejge-6999	50	23	considered	consider	VERB
ejge-6999	50	24	geopolitical	geopolitical	ADJ
ejge-6999	50	25	risks	risk	NOUN
ejge-6999	50	26	to	to	PART
ejge-6999	50	27	be	be	AUX
ejge-6999	50	28	key	key	ADJ
ejge-6999	50	29	determinants	determinant	NOUN
ejge-6999	50	30	of	of	ADP
ejge-6999	50	31	investment	investment	NOUN
ejge-6999	50	32	decisions	decision	NOUN
ejge-6999	50	33	and	and	CCONJ
ejge-6999	50	34	stock	stock	NOUN
ejge-6999	50	35	market	market	NOUN
ejge-6999	50	36	dynamics	dynamic	NOUN
ejge-6999	50	37	.	.	PUNCT
ejge-6999	51	1	investors	investor	NOUN
ejge-6999	51	2	express	express	VERB
ejge-6999	51	3	concern	concern	NOUN
ejge-6999	51	4	about	about	ADP
ejge-6999	51	5	the	the	DET
ejge-6999	51	6	economic	economic	ADJ
ejge-6999	51	7	impact	impact	NOUN
ejge-6999	51	8	of	of	ADP
ejge-6999	51	9	the	the	DET
ejge-6999	51	10	various	various	ADJ
ejge-6999	51	11	military	military	ADJ
ejge-6999	51	12	and	and	CCONJ
ejge-6999	51	13	diplomatic	diplomatic	ADJ
ejge-6999	51	14	conflicts	conflict	NOUN
ejge-6999	51	15	around	around	ADP
ejge-6999	51	16	the	the	DET
ejge-6999	51	17	world	world	NOUN
ejge-6999	51	18	,	,	PUNCT
ejge-6999	51	19	even	even	ADV
ejge-6999	51	20	indicating	indicate	VERB
ejge-6999	51	21	increased	increase	VERB
ejge-6999	51	22	concern	concern	NOUN
ejge-6999	51	23	in	in	ADP
ejge-6999	51	24	this	this	DET
ejge-6999	51	25	area	area	NOUN
ejge-6999	51	26	with	with	ADP
ejge-6999	51	27	regard	regard	NOUN
ejge-6999	51	28	to	to	ADP
ejge-6999	51	29	political	political	ADJ
ejge-6999	51	30	and	and	CCONJ
ejge-6999	51	31	economic	economic	ADJ
ejge-6999	51	32	uncertainty	uncertainty	NOUN
ejge-6999	51	33	(	(	PUNCT
ejge-6999	51	34	carney	carney	NOUN
ejge-6999	51	35	,	,	PUNCT
ejge-6999	51	36	2016	2016	NUM
ejge-6999	51	37	)	)	PUNCT
ejge-6999	51	38	.	.	PUNCT
ejge-6999	52	1	the	the	DET
ejge-6999	52	2	study	study	NOUN
ejge-6999	52	3	of	of	ADP
ejge-6999	52	4	the	the	DET
ejge-6999	52	5	influence	influence	NOUN
ejge-6999	52	6	of	of	ADP
ejge-6999	52	7	the	the	DET
ejge-6999	52	8	geopolitical	geopolitical	ADJ
ejge-6999	52	9	environment	environment	NOUN
ejge-6999	52	10	on	on	ADP
ejge-6999	52	11	the	the	DET
ejge-6999	52	12	economy	economy	NOUN
ejge-6999	52	13	has	have	AUX
ejge-6999	52	14	not	not	PART
ejge-6999	52	15	been	be	AUX
ejge-6999	52	16	widely	widely	ADV
ejge-6999	52	17	analised	analise	VERB
ejge-6999	52	18	because	because	SCONJ
ejge-6999	52	19	of	of	ADP
ejge-6999	52	20	the	the	DET
ejge-6999	52	21	limitation	limitation	NOUN
ejge-6999	52	22	resulting	result	VERB
ejge-6999	52	23	from	from	ADP
ejge-6999	52	24	the	the	DET
ejge-6999	52	25	absence	absence	NOUN
ejge-6999	52	26	of	of	ADP
ejge-6999	52	27	an	an	DET
ejge-6999	52	28	indicator	indicator	NOUN
ejge-6999	52	29	of	of	ADP
ejge-6999	52	30	geopolitical	geopolitical	ADJ
ejge-6999	52	31	risk	risk	NOUN
ejge-6999	52	32	that	that	PRON
ejge-6999	52	33	is	be	AUX
ejge-6999	52	34	consistent	consistent	ADJ
ejge-6999	52	35	with	with	ADP
ejge-6999	52	36	the	the	DET
ejge-6999	52	37	perception	perception	NOUN
ejge-6999	52	38	of	of	ADP
ejge-6999	52	39	press	press	NOUN
ejge-6999	52	40	,	,	PUNCT
ejge-6999	52	41	public	public	NOUN
ejge-6999	52	42	,	,	PUNCT
ejge-6999	52	43	investors	investor	NOUN
ejge-6999	52	44	and	and	CCONJ
ejge-6999	52	45	policy	policy	NOUN
ejge-6999	52	46	makers	maker	NOUN
ejge-6999	52	47	.	.	PUNCT
ejge-6999	53	1	these	these	DET
ejge-6999	53	2	issues	issue	NOUN
ejge-6999	53	3	were	be	AUX
ejge-6999	53	4	taken	take	VERB
ejge-6999	53	5	into	into	ADP
ejge-6999	53	6	account	account	NOUN
ejge-6999	53	7	by	by	ADP
ejge-6999	53	8	caldara	caldara	NOUN
ejge-6999	53	9	and	and	CCONJ
ejge-6999	53	10	iacoviello	iacoviello	PROPN
ejge-6999	53	11	(	(	PUNCT
ejge-6999	53	12	2019	2019	NUM
ejge-6999	53	13	)	)	PUNCT
ejge-6999	53	14	,	,	PUNCT
ejge-6999	53	15	who	who	PRON
ejge-6999	53	16	constructed	construct	VERB
ejge-6999	53	17	a	a	DET
ejge-6999	53	18	geopolitical	geopolitical	ADJ
ejge-6999	53	19	risk	risk	NOUN
ejge-6999	53	20	index	index	NOUN
ejge-6999	53	21	from	from	ADP
ejge-6999	53	22	1985	1985	NUM
ejge-6999	53	23	and	and	CCONJ
ejge-6999	53	24	show	show	VERB
ejge-6999	53	25	that	that	SCONJ
ejge-6999	53	26	a	a	DET
ejge-6999	53	27	negative	negative	ADJ
ejge-6999	53	28	geopolitical	geopolitical	ADJ
ejge-6999	53	29	shock	shock	NOUN
ejge-6999	53	30	induces	induce	VERB
ejge-6999	53	31	persistent	persistent	ADJ
ejge-6999	53	32	declines	decline	NOUN
ejge-6999	53	33	in	in	ADP
ejge-6999	53	34	mary	mary	PROPN
ejge-6999	53	35	elena	elena	PROPN
ejge-6999	53	36	sánchez	sánchez	PROPN
ejge-6999	53	37	-	-	PUNCT
ejge-6999	53	38	gabarre	gabarre	PROPN
ejge-6999	53	39	/	/	SYM
ejge-6999	53	40	european	european	ADJ
ejge-6999	53	41	journal	journal	PROPN
ejge-6999	53	42	of	of	ADP
ejge-6999	53	43	government	government	NOUN
ejge-6999	53	44	and	and	CCONJ
ejge-6999	53	45	economics	economic	NOUN
ejge-6999	53	46	9(3	9(3	NUM
ejge-6999	53	47	)	)	PUNCT
ejge-6999	53	48	,	,	PUNCT
ejge-6999	53	49	december	december	PROPN
ejge-6999	53	50	2020	2020	NUM
ejge-6999	53	51	,	,	PUNCT
ejge-6999	53	52	265	265	NUM
ejge-6999	53	53	-	-	SYM
ejge-6999	53	54	279	279	NUM
ejge-6999	53	55	268	268	NUM
ejge-6999	53	56	investment	investment	NOUN
ejge-6999	53	57	,	,	PUNCT
ejge-6999	53	58	employment	employment	NOUN
ejge-6999	53	59	,	,	PUNCT
ejge-6999	53	60	consumer	consumer	NOUN
ejge-6999	53	61	confidence	confidence	NOUN
ejge-6999	53	62	and	and	CCONJ
ejge-6999	53	63	stock	stock	NOUN
ejge-6999	53	64	market	market	NOUN
ejge-6999	53	65	price	price	NOUN
ejge-6999	53	66	returns	return	NOUN
ejge-6999	53	67	.	.	PUNCT
ejge-6999	54	1	the	the	DET
ejge-6999	54	2	decline	decline	NOUN
ejge-6999	54	3	in	in	ADP
ejge-6999	54	4	equity	equity	NOUN
ejge-6999	54	5	prices	price	NOUN
ejge-6999	54	6	is	be	AUX
ejge-6999	54	7	slightly	slightly	ADV
ejge-6999	54	8	larger	large	ADJ
ejge-6999	54	9	than	than	ADP
ejge-6999	54	10	that	that	PRON
ejge-6999	54	11	in	in	ADP
ejge-6999	54	12	investment	investment	NOUN
ejge-6999	54	13	,	,	PUNCT
ejge-6999	54	14	suggesting	suggest	VERB
ejge-6999	54	15	that	that	SCONJ
ejge-6999	54	16	risk	risk	NOUN
ejge-6999	54	17	premia	premia	PROPN
ejge-6999	54	18	are	be	AUX
ejge-6999	54	19	increasing	increase	VERB
ejge-6999	54	20	,	,	PUNCT
ejge-6999	54	21	although	although	SCONJ
ejge-6999	54	22	only	only	ADV
ejge-6999	54	23	to	to	ADP
ejge-6999	54	24	a	a	DET
ejge-6999	54	25	limited	limited	ADJ
ejge-6999	54	26	extent	extent	NOUN
ejge-6999	54	27	.	.	PUNCT
ejge-6999	55	1	these	these	DET
ejge-6999	55	2	results	result	NOUN
ejge-6999	55	3	are	be	AUX
ejge-6999	55	4	supported	support	VERB
ejge-6999	55	5	by	by	ADP
ejge-6999	55	6	theoretical	theoretical	ADJ
ejge-6999	55	7	models	model	NOUN
ejge-6999	55	8	such	such	ADJ
ejge-6999	55	9	as	as	ADP
ejge-6999	55	10	those	those	PRON
ejge-6999	55	11	of	of	ADP
ejge-6999	55	12	ilut	ilut	NOUN
ejge-6999	55	13	and	and	CCONJ
ejge-6999	55	14	schneider	schneider	NOUN
ejge-6999	55	15	(	(	PUNCT
ejge-6999	55	16	2014	2014	NUM
ejge-6999	55	17	)	)	PUNCT
ejge-6999	55	18	and	and	CCONJ
ejge-6999	55	19	others	other	NOUN
ejge-6999	55	20	in	in	ADP
ejge-6999	55	21	which	which	PRON
ejge-6999	55	22	high	high	ADJ
ejge-6999	55	23	levels	level	NOUN
ejge-6999	55	24	of	of	ADP
ejge-6999	55	25	uncertainty	uncertainty	NOUN
ejge-6999	55	26	lead	lead	VERB
ejge-6999	55	27	to	to	ADP
ejge-6999	55	28	declines	decline	NOUN
ejge-6999	55	29	in	in	ADP
ejge-6999	55	30	employment	employment	NOUN
ejge-6999	55	31	and	and	CCONJ
ejge-6999	55	32	investment	investment	NOUN
ejge-6999	55	33	,	,	PUNCT
ejge-6999	55	34	e.g.	e.g.	ADV
ejge-6999	55	35	dixit	dixit	PROPN
ejge-6999	55	36	and	and	CCONJ
ejge-6999	55	37	pindyck	pindyck	ADJ
ejge-6999	55	38	(	(	PUNCT
ejge-6999	55	39	1994	1994	NUM
ejge-6999	55	40	)	)	PUNCT
ejge-6999	55	41	and	and	CCONJ
ejge-6999	55	42	bloom	bloom	NOUN
ejge-6999	55	43	,	,	PUNCT
ejge-6999	55	44	bond	bond	NOUN
ejge-6999	55	45	and	and	CCONJ
ejge-6999	55	46	van	van	PROPN
ejge-6999	55	47	reenen	reenen	PROPN
ejge-6999	55	48	(	(	PUNCT
ejge-6999	55	49	2007	2007	NUM
ejge-6999	55	50	)	)	PUNCT
ejge-6999	55	51	.	.	PUNCT
ejge-6999	56	1	thirdly	thirdly	ADV
ejge-6999	56	2	,	,	PUNCT
ejge-6999	56	3	stock	stock	NOUN
ejge-6999	56	4	market	market	NOUN
ejge-6999	56	5	volatility	volatility	NOUN
ejge-6999	56	6	is	be	AUX
ejge-6999	56	7	a	a	DET
ejge-6999	56	8	measure	measure	NOUN
ejge-6999	56	9	of	of	ADP
ejge-6999	56	10	uncertainty	uncertainty	NOUN
ejge-6999	56	11	in	in	ADP
ejge-6999	56	12	the	the	DET
ejge-6999	56	13	equity	equity	NOUN
ejge-6999	56	14	markets	market	NOUN
ejge-6999	56	15	.	.	PUNCT
ejge-6999	57	1	volatility	volatility	NOUN
ejge-6999	57	2	is	be	AUX
ejge-6999	57	3	one	one	NUM
ejge-6999	57	4	way	way	NOUN
ejge-6999	57	5	of	of	ADP
ejge-6999	57	6	measuring	measure	VERB
ejge-6999	57	7	this	this	DET
ejge-6999	57	8	price	price	NOUN
ejge-6999	57	9	risk	risk	NOUN
ejge-6999	57	10	,	,	PUNCT
ejge-6999	57	11	probably	probably	ADV
ejge-6999	57	12	the	the	DET
ejge-6999	57	13	most	most	ADV
ejge-6999	57	14	widely	widely	ADV
ejge-6999	57	15	used	use	VERB
ejge-6999	57	16	.	.	PUNCT
ejge-6999	58	1	in	in	ADP
ejge-6999	58	2	fact	fact	NOUN
ejge-6999	58	3	,	,	PUNCT
ejge-6999	58	4	this	this	DET
ejge-6999	58	5	dispersion	dispersion	NOUN
ejge-6999	58	6	of	of	ADP
ejge-6999	58	7	the	the	DET
ejge-6999	58	8	prices	price	NOUN
ejge-6999	58	9	on	on	ADP
ejge-6999	58	10	an	an	DET
ejge-6999	58	11	asset	asset	NOUN
ejge-6999	58	12	has	have	AUX
ejge-6999	58	13	long	long	ADV
ejge-6999	58	14	been	be	AUX
ejge-6999	58	15	considered	consider	VERB
ejge-6999	58	16	an	an	DET
ejge-6999	58	17	indicator	indicator	NOUN
ejge-6999	58	18	of	of	ADP
ejge-6999	58	19	risk	risk	NOUN
ejge-6999	58	20	since	since	SCONJ
ejge-6999	58	21	markowitz	markowitz	PROPN
ejge-6999	58	22	(	(	PUNCT
ejge-6999	58	23	1959	1959	NUM
ejge-6999	58	24	)	)	PUNCT
ejge-6999	58	25	.	.	PUNCT
ejge-6999	59	1	in	in	ADP
ejge-6999	59	2	this	this	DET
ejge-6999	59	3	line	line	NOUN
ejge-6999	59	4	and	and	CCONJ
ejge-6999	59	5	taking	take	VERB
ejge-6999	59	6	the	the	DET
ejge-6999	59	7	capm	capm	PROPN
ejge-6999	59	8	model	model	NOUN
ejge-6999	59	9	as	as	ADP
ejge-6999	59	10	a	a	DET
ejge-6999	59	11	reference	reference	NOUN
ejge-6999	59	12	,	,	PUNCT
ejge-6999	59	13	some	some	DET
ejge-6999	59	14	authors	author	NOUN
ejge-6999	59	15	(	(	PUNCT
ejge-6999	59	16	merton	merton	PROPN
ejge-6999	59	17	,	,	PUNCT
ejge-6999	59	18	1973	1973	NUM
ejge-6999	59	19	;	;	PUNCT
ejge-6999	59	20	campbell	campbell	PROPN
ejge-6999	59	21	,	,	PUNCT
ejge-6999	59	22	1993	1993	NUM
ejge-6999	59	23	,	,	PUNCT
ejge-6999	59	24	1996	1996	NUM
ejge-6999	59	25	;	;	PUNCT
ejge-6999	59	26	chen	chen	PROPN
ejge-6999	59	27	,	,	PUNCT
ejge-6999	59	28	2003	2003	NUM
ejge-6999	59	29	;	;	PUNCT
ejge-6999	59	30	ang	ang	PROPN
ejge-6999	59	31	,	,	PUNCT
ejge-6999	59	32	hodrick	hodrick	PROPN
ejge-6999	59	33	,	,	PUNCT
ejge-6999	59	34	xing	xing	PROPN
ejge-6999	59	35	&	&	CCONJ
ejge-6999	59	36	zhang	zhang	PROPN
ejge-6999	59	37	,	,	PUNCT
ejge-6999	59	38	2006	2006	NUM
ejge-6999	59	39	and	and	CCONJ
ejge-6999	59	40	2009	2009	NUM
ejge-6999	59	41	;	;	PUNCT
ejge-6999	59	42	malkiel	malkiel	PROPN
ejge-6999	59	43	&	&	CCONJ
ejge-6999	59	44	xu	xu	PROPN
ejge-6999	59	45	,	,	PUNCT
ejge-6999	59	46	2006	2006	NUM
ejge-6999	59	47	;	;	PUNCT
ejge-6999	59	48	chen	chen	PROPN
ejge-6999	59	49	,	,	PUNCT
ejge-6999	59	50	ghysels	ghysels	PROPN
ejge-6999	59	51	&	&	CCONJ
ejge-6999	59	52	wang	wang	PROPN
ejge-6999	59	53	,	,	PUNCT
ejge-6999	59	54	2015	2015	NUM
ejge-6999	59	55	;	;	PUNCT
ejge-6999	59	56	farago	farago	PROPN
ejge-6999	59	57	&	&	CCONJ
ejge-6999	59	58	tédongap	tédongap	NOUN
ejge-6999	59	59	,	,	PUNCT
ejge-6999	59	60	2018	2018	NUM
ejge-6999	59	61	;	;	PUNCT
ejge-6999	59	62	hollstein	hollstein	PROPN
ejge-6999	59	63	&	&	CCONJ
ejge-6999	59	64	prokopczuk	prokopczuk	PROPN
ejge-6999	59	65	,	,	PUNCT
ejge-6999	59	66	2018	2018	NUM
ejge-6999	59	67	;	;	PUNCT
ejge-6999	59	68	kaeck	kaeck	NOUN
ejge-6999	59	69	,	,	PUNCT
ejge-6999	59	70	2018	2018	NUM
ejge-6999	59	71	)	)	PUNCT
ejge-6999	59	72	argue	argue	VERB
ejge-6999	59	73	that	that	SCONJ
ejge-6999	59	74	an	an	DET
ejge-6999	59	75	increase	increase	NOUN
ejge-6999	59	76	in	in	ADP
ejge-6999	59	77	volatility	volatility	NOUN
ejge-6999	59	78	can	can	AUX
ejge-6999	59	79	be	be	AUX
ejge-6999	59	80	interpreted	interpret	VERB
ejge-6999	59	81	as	as	ADP
ejge-6999	59	82	a	a	DET
ejge-6999	59	83	worsening	worsening	NOUN
ejge-6999	59	84	of	of	ADP
ejge-6999	59	85	overall	overall	ADJ
ejge-6999	59	86	investment	investment	NOUN
ejge-6999	59	87	opportunities	opportunity	NOUN
ejge-6999	59	88	and	and	CCONJ
ejge-6999	59	89	this	this	PRON
ejge-6999	59	90	predicts	predict	VERB
ejge-6999	59	91	a	a	DET
ejge-6999	59	92	negative	negative	ADJ
ejge-6999	59	93	relationship	relationship	NOUN
ejge-6999	59	94	.	.	PUNCT
ejge-6999	60	1	although	although	SCONJ
ejge-6999	60	2	there	there	PRON
ejge-6999	60	3	is	be	VERB
ejge-6999	60	4	a	a	DET
ejge-6999	60	5	growing	grow	VERB
ejge-6999	60	6	body	body	NOUN
ejge-6999	60	7	of	of	ADP
ejge-6999	60	8	literature	literature	NOUN
ejge-6999	60	9	regarding	regard	VERB
ejge-6999	60	10	the	the	DET
ejge-6999	60	11	adverse	adverse	ADJ
ejge-6999	60	12	influence	influence	NOUN
ejge-6999	60	13	of	of	ADP
ejge-6999	60	14	uncertainty	uncertainty	NOUN
ejge-6999	60	15	on	on	ADP
ejge-6999	60	16	stock	stock	NOUN
ejge-6999	60	17	markets	market	NOUN
ejge-6999	60	18	,	,	PUNCT
ejge-6999	60	19	to	to	ADP
ejge-6999	60	20	the	the	DET
ejge-6999	60	21	best	good	ADJ
ejge-6999	60	22	of	of	ADP
ejge-6999	60	23	our	our	PRON
ejge-6999	60	24	knowledge	knowledge	NOUN
ejge-6999	60	25	,	,	PUNCT
ejge-6999	60	26	there	there	PRON
ejge-6999	60	27	is	be	VERB
ejge-6999	60	28	not	not	PART
ejge-6999	60	29	a	a	DET
ejge-6999	60	30	joint	joint	ADJ
ejge-6999	60	31	analysis	analysis	NOUN
ejge-6999	60	32	of	of	ADP
ejge-6999	60	33	the	the	DET
ejge-6999	60	34	three	three	NUM
ejge-6999	60	35	most	most	ADV
ejge-6999	60	36	studied	study	VERB
ejge-6999	60	37	uncertainty	uncertainty	NOUN
ejge-6999	60	38	forms	form	NOUN
ejge-6999	60	39	.	.	PUNCT
ejge-6999	61	1	furthermore	furthermore	ADV
ejge-6999	61	2	,	,	PUNCT
ejge-6999	61	3	it	it	PRON
ejge-6999	61	4	is	be	AUX
ejge-6999	61	5	interesting	interesting	ADJ
ejge-6999	61	6	to	to	PART
ejge-6999	61	7	compare	compare	VERB
ejge-6999	61	8	whether	whether	SCONJ
ejge-6999	61	9	the	the	DET
ejge-6999	61	10	influence	influence	NOUN
ejge-6999	61	11	of	of	ADP
ejge-6999	61	12	uncertainty	uncertainty	NOUN
ejge-6999	61	13	behaves	behave	VERB
ejge-6999	61	14	in	in	ADP
ejge-6999	61	15	the	the	DET
ejge-6999	61	16	same	same	ADJ
ejge-6999	61	17	way	way	NOUN
ejge-6999	61	18	in	in	ADP
ejge-6999	61	19	developed	developed	ADJ
ejge-6999	61	20	and	and	CCONJ
ejge-6999	61	21	developing	develop	VERB
ejge-6999	61	22	countries	country	NOUN
ejge-6999	61	23	.	.	PUNCT
ejge-6999	62	1	3	3	X
ejge-6999	62	2	.	.	X
ejge-6999	62	3	empirical	empirical	ADJ
ejge-6999	62	4	analysis	analysis	NOUN
ejge-6999	62	5	3.1	3.1	NUM
ejge-6999	62	6	.	.	PUNCT
ejge-6999	63	1	data	datum	NOUN
ejge-6999	63	2	and	and	CCONJ
ejge-6999	63	3	variables	variable	NOUN
ejge-6999	63	4	in	in	ADP
ejge-6999	63	5	the	the	DET
ejge-6999	63	6	study	study	NOUN
ejge-6999	63	7	of	of	ADP
ejge-6999	63	8	the	the	DET
ejge-6999	63	9	literature	literature	NOUN
ejge-6999	63	10	,	,	PUNCT
ejge-6999	63	11	it	it	PRON
ejge-6999	63	12	was	be	AUX
ejge-6999	63	13	possible	possible	ADJ
ejge-6999	63	14	to	to	PART
ejge-6999	63	15	clearly	clearly	ADV
ejge-6999	63	16	see	see	VERB
ejge-6999	63	17	the	the	DET
ejge-6999	63	18	relationship	relationship	NOUN
ejge-6999	63	19	of	of	ADP
ejge-6999	63	20	the	the	DET
ejge-6999	63	21	stock	stock	NOUN
ejge-6999	63	22	markets	market	NOUN
ejge-6999	63	23	with	with	ADP
ejge-6999	63	24	macroeconomic	macroeconomic	ADJ
ejge-6999	63	25	variables	variable	NOUN
ejge-6999	63	26	,	,	PUNCT
ejge-6999	63	27	and	and	CCONJ
ejge-6999	63	28	several	several	ADJ
ejge-6999	63	29	necessary	necessary	ADJ
ejge-6999	63	30	control	control	NOUN
ejge-6999	63	31	variables	variable	NOUN
ejge-6999	63	32	were	be	AUX
ejge-6999	63	33	taken	take	VERB
ejge-6999	63	34	into	into	ADP
ejge-6999	63	35	account	account	NOUN
ejge-6999	63	36	.	.	PUNCT
ejge-6999	64	1	in	in	ADP
ejge-6999	64	2	this	this	DET
ejge-6999	64	3	research	research	NOUN
ejge-6999	64	4	,	,	PUNCT
ejge-6999	64	5	such	such	ADJ
ejge-6999	64	6	variables	variable	NOUN
ejge-6999	64	7	are	be	AUX
ejge-6999	64	8	represented	represent	VERB
ejge-6999	64	9	by	by	ADP
ejge-6999	64	10	the	the	DET
ejge-6999	64	11	gross	gross	ADJ
ejge-6999	64	12	domestic	domestic	ADJ
ejge-6999	64	13	product	product	NOUN
ejge-6999	64	14	at	at	ADP
ejge-6999	64	15	market	market	NOUN
ejge-6999	64	16	prices	price	NOUN
ejge-6999	64	17	(	(	PUNCT
ejge-6999	64	18	gdp	gdp	NOUN
ejge-6999	64	19	)	)	PUNCT
ejge-6999	64	20	,	,	PUNCT
ejge-6999	64	21	the	the	DET
ejge-6999	64	22	consumer	consumer	NOUN
ejge-6999	64	23	price	price	NOUN
ejge-6999	64	24	index	index	NOUN
ejge-6999	64	25	(	(	PUNCT
ejge-6999	64	26	cpi	cpi	PROPN
ejge-6999	64	27	)	)	PUNCT
ejge-6999	64	28	,	,	PUNCT
ejge-6999	64	29	the	the	DET
ejge-6999	64	30	interest	interest	NOUN
ejge-6999	64	31	rate	rate	NOUN
ejge-6999	64	32	of	of	ADP
ejge-6999	64	33	the	the	DET
ejge-6999	64	34	12	12	NUM
ejge-6999	64	35	-	-	PUNCT
ejge-6999	64	36	month	month	NOUN
ejge-6999	64	37	national	national	ADJ
ejge-6999	64	38	bond	bond	NOUN
ejge-6999	64	39	(	(	PUNCT
ejge-6999	64	40	ir	ir	NOUN
ejge-6999	64	41	)	)	PUNCT
ejge-6999	64	42	and	and	CCONJ
ejge-6999	64	43	the	the	DET
ejge-6999	64	44	real	real	ADJ
ejge-6999	64	45	effective	effective	ADJ
ejge-6999	64	46	exchange	exchange	NOUN
ejge-6999	64	47	rate	rate	NOUN
ejge-6999	64	48	index	index	NOUN
ejge-6999	64	49	(	(	PUNCT
ejge-6999	64	50	er	er	INTJ
ejge-6999	64	51	)	)	PUNCT
ejge-6999	64	52	of	of	ADP
ejge-6999	64	53	brazil	brazil	PROPN
ejge-6999	64	54	and	and	CCONJ
ejge-6999	64	55	spain	spain	PROPN
ejge-6999	64	56	respectively	respectively	ADV
ejge-6999	64	57	.	.	PUNCT
ejge-6999	65	1	in	in	ADP
ejge-6999	65	2	addition	addition	NOUN
ejge-6999	65	3	,	,	PUNCT
ejge-6999	65	4	uncertainty	uncertainty	NOUN
ejge-6999	65	5	is	be	AUX
ejge-6999	65	6	represented	represent	VERB
ejge-6999	65	7	by	by	ADP
ejge-6999	65	8	the	the	DET
ejge-6999	65	9	following	following	ADJ
ejge-6999	65	10	variables	variable	NOUN
ejge-6999	65	11	,	,	PUNCT
ejge-6999	65	12	respectively	respectively	ADV
ejge-6999	65	13	:	:	PUNCT
ejge-6999	65	14	the	the	DET
ejge-6999	65	15	epu	epu	PROPN
ejge-6999	65	16	or	or	CCONJ
ejge-6999	65	17	economic	economic	ADJ
ejge-6999	65	18	policy	policy	NOUN
ejge-6999	65	19	uncertainty	uncertainty	NOUN
ejge-6999	65	20	(	(	PUNCT
ejge-6999	65	21	baker	baker	PROPN
ejge-6999	65	22	et	et	PROPN
ejge-6999	65	23	al	al	PROPN
ejge-6999	65	24	.	.	PROPN
ejge-6999	65	25	,	,	PUNCT
ejge-6999	65	26	2016	2016	NUM
ejge-6999	65	27	)	)	PUNCT
ejge-6999	65	28	,	,	PUNCT
ejge-6999	65	29	the	the	DET
ejge-6999	65	30	gpr	gpr	PROPN
ejge-6999	65	31	or	or	CCONJ
ejge-6999	65	32	geopolitical	geopolitical	ADJ
ejge-6999	65	33	risk	risk	NOUN
ejge-6999	65	34	index	index	NOUN
ejge-6999	65	35	(	(	PUNCT
ejge-6999	65	36	caldara	caldara	NOUN
ejge-6999	65	37	&	&	CCONJ
ejge-6999	65	38	iacovello	iacovello	PROPN
ejge-6999	65	39	,	,	PUNCT
ejge-6999	65	40	2019	2019	NUM
ejge-6999	65	41	)	)	PUNCT
ejge-6999	65	42	and	and	CCONJ
ejge-6999	65	43	the	the	DET
ejge-6999	65	44	vix	vix	PROPN
ejge-6999	65	45	or	or	CCONJ
ejge-6999	65	46	chicago	chicago	PROPN
ejge-6999	65	47	board	board	NOUN
ejge-6999	65	48	options	option	NOUN
ejge-6999	65	49	exchange	exchange	PROPN
ejge-6999	65	50	market	market	NOUN
ejge-6999	65	51	volatility	volatility	NOUN
ejge-6999	65	52	index	index	NOUN
ejge-6999	65	53	(	(	PUNCT
ejge-6999	65	54	cboe	cboe	PROPN
ejge-6999	65	55	,	,	PUNCT
ejge-6999	65	56	2019	2019	NUM
ejge-6999	65	57	)	)	PUNCT
ejge-6999	65	58	.	.	PUNCT
ejge-6999	66	1	the	the	DET
ejge-6999	66	2	choice	choice	NOUN
ejge-6999	66	3	of	of	ADP
ejge-6999	66	4	the	the	DET
ejge-6999	66	5	epu	epu	NOUN
ejge-6999	66	6	for	for	ADP
ejge-6999	66	7	our	our	PRON
ejge-6999	66	8	study	study	NOUN
ejge-6999	66	9	is	be	AUX
ejge-6999	66	10	due	due	ADJ
ejge-6999	66	11	to	to	ADP
ejge-6999	66	12	the	the	DET
ejge-6999	66	13	fact	fact	NOUN
ejge-6999	66	14	that	that	SCONJ
ejge-6999	66	15	,	,	PUNCT
ejge-6999	66	16	on	on	ADP
ejge-6999	66	17	the	the	DET
ejge-6999	66	18	one	one	NUM
ejge-6999	66	19	hand	hand	NOUN
ejge-6999	66	20	,	,	PUNCT
ejge-6999	66	21	the	the	DET
ejge-6999	66	22	macroeconomic	macroeconomic	ADJ
ejge-6999	66	23	factor	factor	NOUN
ejge-6999	66	24	increasingly	increasingly	ADV
ejge-6999	66	25	seeks	seek	VERB
ejge-6999	66	26	to	to	PART
ejge-6999	66	27	anticipate	anticipate	VERB
ejge-6999	66	28	investors	investor	NOUN
ejge-6999	66	29	'	'	PART
ejge-6999	66	30	expectations	expectation	NOUN
ejge-6999	66	31	regarding	regard	VERB
ejge-6999	66	32	the	the	DET
ejge-6999	66	33	evolution	evolution	NOUN
ejge-6999	66	34	of	of	ADP
ejge-6999	66	35	fundamental	fundamental	ADJ
ejge-6999	66	36	economic	economic	ADJ
ejge-6999	66	37	variables	variable	NOUN
ejge-6999	66	38	.	.	PUNCT
ejge-6999	67	1	it	it	PRON
ejge-6999	67	2	is	be	AUX
ejge-6999	67	3	therefore	therefore	ADV
ejge-6999	67	4	not	not	PART
ejge-6999	67	5	surprising	surprising	ADJ
ejge-6999	67	6	that	that	SCONJ
ejge-6999	67	7	this	this	DET
ejge-6999	67	8	variable	variable	NOUN
ejge-6999	67	9	associated	associate	VERB
ejge-6999	67	10	with	with	ADP
ejge-6999	67	11	macroeconomic	macroeconomic	ADJ
ejge-6999	67	12	fundamentals	fundamental	NOUN
ejge-6999	67	13	has	have	AUX
ejge-6999	67	14	been	be	AUX
ejge-6999	67	15	the	the	DET
ejge-6999	67	16	main	main	ADJ
ejge-6999	67	17	determinant	determinant	NOUN
ejge-6999	67	18	of	of	ADP
ejge-6999	67	19	european	european	ADJ
ejge-6999	67	20	stock	stock	NOUN
ejge-6999	67	21	market	market	NOUN
ejge-6999	67	22	dynamics	dynamic	NOUN
ejge-6999	67	23	over	over	ADP
ejge-6999	67	24	the	the	DET
ejge-6999	67	25	last	last	ADJ
ejge-6999	67	26	two	two	NUM
ejge-6999	67	27	decades	decade	NOUN
ejge-6999	67	28	(	(	PUNCT
ejge-6999	67	29	caixabank	caixabank	ADJ
ejge-6999	67	30	research	research	NOUN
ejge-6999	67	31	,	,	PUNCT
ejge-6999	67	32	2016	2016	NUM
ejge-6999	67	33	)	)	PUNCT
ejge-6999	67	34	.	.	PUNCT
ejge-6999	68	1	furthermore	furthermore	ADV
ejge-6999	68	2	,	,	PUNCT
ejge-6999	68	3	although	although	SCONJ
ejge-6999	68	4	the	the	DET
ejge-6999	68	5	gpr	gpr	PROPN
ejge-6999	68	6	is	be	AUX
ejge-6999	68	7	correlated	correlate	VERB
ejge-6999	68	8	with	with	ADP
ejge-6999	68	9	the	the	DET
ejge-6999	68	10	epu	epu	PROPN
ejge-6999	68	11	,	,	PUNCT
ejge-6999	68	12	it	it	PRON
ejge-6999	68	13	shows	show	VERB
ejge-6999	68	14	a	a	DET
ejge-6999	68	15	remarkable	remarkable	ADJ
ejge-6999	68	16	amount	amount	NOUN
ejge-6999	68	17	of	of	ADP
ejge-6999	68	18	additional	additional	ADJ
ejge-6999	68	19	and	and	CCONJ
ejge-6999	68	20	independent	independent	ADJ
ejge-6999	68	21	variation	variation	NOUN
ejge-6999	68	22	that	that	PRON
ejge-6999	68	23	predicts	predict	VERB
ejge-6999	68	24	a	a	DET
ejge-6999	68	25	lower	low	ADJ
ejge-6999	68	26	percentage	percentage	NOUN
ejge-6999	68	27	of	of	ADP
ejge-6999	68	28	economic	economic	ADJ
ejge-6999	68	29	activity	activity	NOUN
ejge-6999	68	30	.	.	PUNCT
ejge-6999	69	1	in	in	ADP
ejge-6999	69	2	relation	relation	NOUN
ejge-6999	69	3	to	to	ADP
ejge-6999	69	4	existing	exist	VERB
ejge-6999	69	5	proxy	proxy	ADJ
ejge-6999	69	6	indicators	indicator	NOUN
ejge-6999	69	7	of	of	ADP
ejge-6999	69	8	uncertainty	uncertainty	NOUN
ejge-6999	69	9	that	that	PRON
ejge-6999	69	10	tend	tend	VERB
ejge-6999	69	11	to	to	PART
ejge-6999	69	12	increase	increase	VERB
ejge-6999	69	13	during	during	ADP
ejge-6999	69	14	recessions	recession	NOUN
ejge-6999	69	15	,	,	PUNCT
ejge-6999	69	16	this	this	DET
ejge-6999	69	17	index	index	NOUN
ejge-6999	69	18	points	point	VERB
ejge-6999	69	19	to	to	ADP
ejge-6999	69	20	episodes	episode	NOUN
ejge-6999	69	21	that	that	PRON
ejge-6999	69	22	are	be	AUX
ejge-6999	69	23	independent	independent	ADJ
ejge-6999	69	24	of	of	ADP
ejge-6999	69	25	the	the	DET
ejge-6999	69	26	economic	economic	ADJ
ejge-6999	69	27	cycle	cycle	NOUN
ejge-6999	69	28	.	.	PUNCT
ejge-6999	70	1	and	and	CCONJ
ejge-6999	70	2	we	we	PRON
ejge-6999	70	3	have	have	VERB
ejge-6999	70	4	to	to	PART
ejge-6999	70	5	take	take	VERB
ejge-6999	70	6	into	into	ADP
ejge-6999	70	7	mary	mary	PROPN
ejge-6999	70	8	elena	elena	PROPN
ejge-6999	70	9	sánchez	sánchez	PROPN
ejge-6999	70	10	-	-	PUNCT
ejge-6999	70	11	gabarre	gabarre	PROPN
ejge-6999	70	12	/	/	SYM
ejge-6999	70	13	european	european	ADJ
ejge-6999	70	14	journal	journal	PROPN
ejge-6999	70	15	of	of	ADP
ejge-6999	70	16	government	government	NOUN
ejge-6999	70	17	and	and	CCONJ
ejge-6999	70	18	economics	economic	NOUN
ejge-6999	70	19	9(3	9(3	NUM
ejge-6999	70	20	)	)	PUNCT
ejge-6999	70	21	,	,	PUNCT
ejge-6999	70	22	december	december	PROPN
ejge-6999	70	23	2020	2020	NUM
ejge-6999	70	24	,	,	PUNCT
ejge-6999	70	25	265	265	NUM
ejge-6999	70	26	-	-	SYM
ejge-6999	70	27	279	279	NUM
ejge-6999	70	28	269	269	NUM
ejge-6999	70	29	account	account	NOUN
ejge-6999	70	30	the	the	DET
ejge-6999	70	31	benchmark	benchmark	ADJ
ejge-6999	70	32	indicator	indicator	NOUN
ejge-6999	70	33	in	in	ADP
ejge-6999	70	34	the	the	DET
ejge-6999	70	35	major	major	ADJ
ejge-6999	70	36	stock	stock	NOUN
ejge-6999	70	37	markets	market	NOUN
ejge-6999	70	38	around	around	ADP
ejge-6999	70	39	the	the	DET
ejge-6999	70	40	world	world	NOUN
ejge-6999	70	41	,	,	PUNCT
ejge-6999	70	42	the	the	DET
ejge-6999	70	43	vix	vix	NOUN
ejge-6999	70	44	.	.	PUNCT
ejge-6999	71	1	although	although	SCONJ
ejge-6999	71	2	it	it	PRON
ejge-6999	71	3	is	be	AUX
ejge-6999	71	4	linked	link	VERB
ejge-6999	71	5	to	to	ADP
ejge-6999	71	6	the	the	DET
ejge-6999	71	7	s&p	s&p	PROPN
ejge-6999	71	8	500	500	NUM
ejge-6999	71	9	index	index	NOUN
ejge-6999	71	10	,	,	PUNCT
ejge-6999	71	11	its	its	PRON
ejge-6999	71	12	use	use	NOUN
ejge-6999	71	13	is	be	AUX
ejge-6999	71	14	increasing	increase	VERB
ejge-6999	71	15	due	due	ADP
ejge-6999	71	16	to	to	ADP
ejge-6999	71	17	the	the	DET
ejge-6999	71	18	importance	importance	NOUN
ejge-6999	71	19	of	of	ADP
ejge-6999	71	20	the	the	DET
ejge-6999	71	21	us	us	PROPN
ejge-6999	71	22	index	index	NOUN
ejge-6999	71	23	in	in	ADP
ejge-6999	71	24	the	the	DET
ejge-6999	71	25	rest	rest	NOUN
ejge-6999	71	26	of	of	ADP
ejge-6999	71	27	the	the	DET
ejge-6999	71	28	world	world	NOUN
ejge-6999	71	29	's	's	PART
ejge-6999	71	30	stock	stock	NOUN
ejge-6999	71	31	markets	market	NOUN
ejge-6999	71	32	.	.	PUNCT
ejge-6999	72	1	therefore	therefore	ADV
ejge-6999	72	2	,	,	PUNCT
ejge-6999	72	3	it	it	PRON
ejge-6999	72	4	should	should	AUX
ejge-6999	72	5	be	be	AUX
ejge-6999	72	6	pointed	point	VERB
ejge-6999	72	7	out	out	ADP
ejge-6999	72	8	that	that	SCONJ
ejge-6999	72	9	in	in	ADP
ejge-6999	72	10	both	both	CCONJ
ejge-6999	72	11	global	global	ADJ
ejge-6999	72	12	situations	situation	NOUN
ejge-6999	72	13	,	,	PUNCT
ejge-6999	72	14	it	it	PRON
ejge-6999	72	15	seems	seem	VERB
ejge-6999	72	16	plausible	plausible	ADJ
ejge-6999	72	17	to	to	PART
ejge-6999	72	18	argue	argue	VERB
ejge-6999	72	19	that	that	SCONJ
ejge-6999	72	20	the	the	DET
ejge-6999	72	21	direction	direction	NOUN
ejge-6999	72	22	of	of	ADP
ejge-6999	72	23	causality	causality	NOUN
ejge-6999	72	24	ranges	range	VERB
ejge-6999	72	25	from	from	ADP
ejge-6999	72	26	geopolitical	geopolitical	ADJ
ejge-6999	72	27	events	event	NOUN
ejge-6999	72	28	to	to	PART
ejge-6999	72	29	stock	stock	NOUN
ejge-6999	72	30	market	market	NOUN
ejge-6999	72	31	volatility	volatility	NOUN
ejge-6999	72	32	and	and	CCONJ
ejge-6999	72	33	political	political	ADJ
ejge-6999	72	34	uncertainty	uncertainty	NOUN
ejge-6999	72	35	.	.	PUNCT
ejge-6999	73	1	they	they	PRON
ejge-6999	73	2	do	do	AUX
ejge-6999	73	3	not	not	PART
ejge-6999	73	4	all	all	PRON
ejge-6999	73	5	have	have	VERB
ejge-6999	73	6	to	to	PART
ejge-6999	73	7	behave	behave	VERB
ejge-6999	73	8	in	in	ADP
ejge-6999	73	9	the	the	DET
ejge-6999	73	10	same	same	ADJ
ejge-6999	73	11	way	way	NOUN
ejge-6999	73	12	in	in	ADP
ejge-6999	73	13	the	the	DET
ejge-6999	73	14	face	face	NOUN
ejge-6999	73	15	of	of	ADP
ejge-6999	73	16	geopolitical	geopolitical	ADJ
ejge-6999	73	17	risks	risk	NOUN
ejge-6999	73	18	.	.	PUNCT
ejge-6999	74	1	for	for	ADP
ejge-6999	74	2	example	example	NOUN
ejge-6999	74	3	,	,	PUNCT
ejge-6999	74	4	the	the	DET
ejge-6999	74	5	invasion	invasion	NOUN
ejge-6999	74	6	of	of	ADP
ejge-6999	74	7	iraq	iraq	PROPN
ejge-6999	74	8	by	by	ADP
ejge-6999	74	9	the	the	DET
ejge-6999	74	10	united	united	PROPN
ejge-6999	74	11	states	states	PROPN
ejge-6999	74	12	in	in	ADP
ejge-6999	74	13	2003	2003	NUM
ejge-6999	74	14	appears	appear	VERB
ejge-6999	74	15	to	to	PART
ejge-6999	74	16	cause	cause	VERB
ejge-6999	74	17	increased	increase	VERB
ejge-6999	74	18	economic	economic	ADJ
ejge-6999	74	19	policy	policy	NOUN
ejge-6999	74	20	uncertainty	uncertainty	NOUN
ejge-6999	74	21	,	,	PUNCT
ejge-6999	74	22	although	although	SCONJ
ejge-6999	74	23	it	it	PRON
ejge-6999	74	24	does	do	AUX
ejge-6999	74	25	not	not	PART
ejge-6999	74	26	induce	induce	VERB
ejge-6999	74	27	financial	financial	ADJ
ejge-6999	74	28	volatility	volatility	NOUN
ejge-6999	74	29	.	.	PUNCT
ejge-6999	75	1	furthermore	furthermore	ADV
ejge-6999	75	2	,	,	PUNCT
ejge-6999	75	3	the	the	DET
ejge-6999	75	4	three	three	NUM
ejge-6999	75	5	indices	index	NOUN
ejge-6999	75	6	also	also	ADV
ejge-6999	75	7	show	show	VERB
ejge-6999	75	8	a	a	DET
ejge-6999	75	9	large	large	ADJ
ejge-6999	75	10	number	number	NOUN
ejge-6999	75	11	of	of	ADP
ejge-6999	75	12	independent	independent	ADJ
ejge-6999	75	13	variations	variation	NOUN
ejge-6999	75	14	,	,	PUNCT
ejge-6999	75	15	as	as	SCONJ
ejge-6999	75	16	the	the	DET
ejge-6999	75	17	gpr	gpr	PROPN
ejge-6999	75	18	index	index	NOUN
ejge-6999	75	19	does	do	AUX
ejge-6999	75	20	not	not	PART
ejge-6999	75	21	vary	vary	VERB
ejge-6999	75	22	much	much	ADV
ejge-6999	75	23	during	during	ADP
ejge-6999	75	24	periods	period	NOUN
ejge-6999	75	25	of	of	ADP
ejge-6999	75	26	economic	economic	ADJ
ejge-6999	75	27	and	and	CCONJ
ejge-6999	75	28	financial	financial	ADJ
ejge-6999	75	29	difficulties	difficulty	NOUN
ejge-6999	75	30	,	,	PUNCT
ejge-6999	75	31	as	as	SCONJ
ejge-6999	75	32	can	can	AUX
ejge-6999	75	33	be	be	AUX
ejge-6999	75	34	seen	see	VERB
ejge-6999	75	35	in	in	ADP
ejge-6999	75	36	the	the	DET
ejge-6999	75	37	period	period	NOUN
ejge-6999	75	38	of	of	ADP
ejge-6999	75	39	the	the	DET
ejge-6999	75	40	dot	dot	NOUN
ejge-6999	75	41	-	-	PUNCT
ejge-6999	75	42	com	com	NOUN
ejge-6999	75	43	bubble	bubble	NOUN
ejge-6999	75	44	(	(	PUNCT
ejge-6999	75	45	1997	1997	NUM
ejge-6999	75	46	-	-	SYM
ejge-6999	75	47	2001	2001	NUM
ejge-6999	75	48	)	)	PUNCT
ejge-6999	75	49	and	and	CCONJ
ejge-6999	75	50	during	during	ADP
ejge-6999	75	51	the	the	DET
ejge-6999	75	52	world	world	NOUN
ejge-6999	75	53	financial	financial	ADJ
ejge-6999	75	54	crisis	crisis	NOUN
ejge-6999	75	55	in	in	ADP
ejge-6999	75	56	2007	2007	NUM
ejge-6999	75	57	,	,	PUNCT
ejge-6999	75	58	when	when	SCONJ
ejge-6999	75	59	the	the	DET
ejge-6999	75	60	vix	vix	NOUN
ejge-6999	75	61	and	and	CCONJ
ejge-6999	75	62	the	the	DET
ejge-6999	75	63	epu	epu	NOUN
ejge-6999	75	64	showed	show	VERB
ejge-6999	75	65	increases	increase	NOUN
ejge-6999	75	66	.	.	PUNCT
ejge-6999	76	1	the	the	DET
ejge-6999	76	2	gpr	gpr	PROPN
ejge-6999	76	3	index	index	NOUN
ejge-6999	76	4	also	also	ADV
ejge-6999	76	5	does	do	AUX
ejge-6999	76	6	not	not	PART
ejge-6999	76	7	move	move	VERB
ejge-6999	76	8	around	around	ADP
ejge-6999	76	9	the	the	DET
ejge-6999	76	10	presidential	presidential	ADJ
ejge-6999	76	11	elections	election	NOUN
ejge-6999	76	12	,	,	PUNCT
ejge-6999	76	13	periods	period	NOUN
ejge-6999	76	14	characterised	characterise	VERB
ejge-6999	76	15	by	by	ADP
ejge-6999	76	16	high	high	ADJ
ejge-6999	76	17	political	political	ADJ
ejge-6999	76	18	uncertainty	uncertainty	NOUN
ejge-6999	76	19	.	.	PUNCT
ejge-6999	77	1	therefore	therefore	ADV
ejge-6999	77	2	,	,	PUNCT
ejge-6999	77	3	compared	compare	VERB
ejge-6999	77	4	to	to	ADP
ejge-6999	77	5	the	the	DET
ejge-6999	77	6	vix	vix	PROPN
ejge-6999	77	7	and	and	CCONJ
ejge-6999	77	8	the	the	DET
ejge-6999	77	9	epu	epu	PROPN
ejge-6999	77	10	,	,	PUNCT
ejge-6999	77	11	the	the	DET
ejge-6999	77	12	gpr	gpr	PROPN
ejge-6999	77	13	index	index	NOUN
ejge-6999	77	14	captures	capture	VERB
ejge-6999	77	15	those	those	DET
ejge-6999	77	16	events	event	NOUN
ejge-6999	77	17	that	that	PRON
ejge-6999	77	18	are	be	AUX
ejge-6999	77	19	most	most	ADV
ejge-6999	77	20	likely	likely	ADJ
ejge-6999	77	21	to	to	PART
ejge-6999	77	22	be	be	AUX
ejge-6999	77	23	exogenous	exogenous	ADJ
ejge-6999	77	24	to	to	ADP
ejge-6999	77	25	business	business	NOUN
ejge-6999	77	26	and	and	CCONJ
ejge-6999	77	27	financial	financial	ADJ
ejge-6999	77	28	cycles	cycle	NOUN
ejge-6999	77	29	,	,	PUNCT
ejge-6999	77	30	and	and	CCONJ
ejge-6999	77	31	could	could	AUX
ejge-6999	77	32	lead	lead	VERB
ejge-6999	77	33	to	to	ADP
ejge-6999	77	34	greater	great	ADJ
ejge-6999	77	35	financial	financial	ADJ
ejge-6999	77	36	volatility	volatility	NOUN
ejge-6999	77	37	and	and	CCONJ
ejge-6999	77	38	policy	policy	NOUN
ejge-6999	77	39	uncertainty	uncertainty	NOUN
ejge-6999	77	40	.	.	PUNCT
ejge-6999	78	1	the	the	DET
ejge-6999	78	2	monthly	monthly	ADJ
ejge-6999	78	3	time	time	NOUN
ejge-6999	78	4	series	series	NOUN
ejge-6999	78	5	used	use	VERB
ejge-6999	78	6	in	in	ADP
ejge-6999	78	7	our	our	PRON
ejge-6999	78	8	empirical	empirical	ADJ
ejge-6999	78	9	analysis	analysis	NOUN
ejge-6999	78	10	covers	cover	VERB
ejge-6999	78	11	the	the	DET
ejge-6999	78	12	period	period	NOUN
ejge-6999	78	13	from	from	ADP
ejge-6999	78	14	january	january	PROPN
ejge-6999	78	15	2006	2006	NUM
ejge-6999	78	16	to	to	ADP
ejge-6999	78	17	december	december	PROPN
ejge-6999	78	18	2019	2019	NUM
ejge-6999	78	19	and	and	CCONJ
ejge-6999	78	20	thus	thus	ADV
ejge-6999	78	21	consists	consist	VERB
ejge-6999	78	22	of	of	ADP
ejge-6999	78	23	156	156	NUM
ejge-6999	78	24	data	datum	NOUN
ejge-6999	78	25	for	for	ADP
ejge-6999	78	26	each	each	DET
ejge-6999	78	27	variable	variable	NOUN
ejge-6999	78	28	.	.	PUNCT
ejge-6999	79	1	this	this	PRON
ejge-6999	79	2	is	be	AUX
ejge-6999	79	3	due	due	ADJ
ejge-6999	79	4	to	to	ADP
ejge-6999	79	5	the	the	DET
ejge-6999	79	6	availability	availability	NOUN
ejge-6999	79	7	of	of	ADP
ejge-6999	79	8	consistent	consistent	ADJ
ejge-6999	79	9	data	datum	NOUN
ejge-6999	79	10	for	for	ADP
ejge-6999	79	11	all	all	DET
ejge-6999	79	12	variables	variable	NOUN
ejge-6999	79	13	.	.	PUNCT
ejge-6999	80	1	a	a	DET
ejge-6999	80	2	descriptive	descriptive	ADJ
ejge-6999	80	3	statistic	statistic	NOUN
ejge-6999	80	4	of	of	ADP
ejge-6999	80	5	the	the	DET
ejge-6999	80	6	data	datum	NOUN
ejge-6999	80	7	,	,	PUNCT
ejge-6999	80	8	as	as	ADV
ejge-6999	80	9	well	well	ADV
ejge-6999	80	10	as	as	ADP
ejge-6999	80	11	their	their	PRON
ejge-6999	80	12	sources	source	NOUN
ejge-6999	80	13	,	,	PUNCT
ejge-6999	80	14	is	be	AUX
ejge-6999	80	15	presented	present	VERB
ejge-6999	80	16	in	in	ADP
ejge-6999	80	17	table	table	NOUN
ejge-6999	80	18	1	1	NUM
ejge-6999	80	19	.	.	PUNCT
ejge-6999	81	1	it	it	PRON
ejge-6999	81	2	gives	give	VERB
ejge-6999	81	3	an	an	DET
ejge-6999	81	4	initial	initial	ADJ
ejge-6999	81	5	idea	idea	NOUN
ejge-6999	81	6	of	of	SCONJ
ejge-6999	81	7	the	the	DET
ejge-6999	81	8	data	datum	NOUN
ejge-6999	81	9	to	to	PART
ejge-6999	81	10	be	be	AUX
ejge-6999	81	11	analysed	analyse	VERB
ejge-6999	81	12	.	.	PUNCT
ejge-6999	82	1	first	first	ADV
ejge-6999	82	2	and	and	CCONJ
ejge-6999	82	3	secondly	secondly	ADV
ejge-6999	82	4	,	,	PUNCT
ejge-6999	82	5	appear	appear	VERB
ejge-6999	82	6	the	the	DET
ejge-6999	82	7	minimum	minimum	ADJ
ejge-6999	82	8	and	and	CCONJ
ejge-6999	82	9	maximum	maximum	ADJ
ejge-6999	82	10	value	value	NOUN
ejge-6999	82	11	that	that	PRON
ejge-6999	82	12	the	the	DET
ejge-6999	82	13	variables	variable	NOUN
ejge-6999	82	14	have	have	AUX
ejge-6999	82	15	had	have	VERB
ejge-6999	82	16	throughout	throughout	ADP
ejge-6999	82	17	the	the	DET
ejge-6999	82	18	period	period	NOUN
ejge-6999	82	19	of	of	ADP
ejge-6999	82	20	study	study	NOUN
ejge-6999	82	21	.	.	PUNCT
ejge-6999	83	1	in	in	ADP
ejge-6999	83	2	third	third	ADJ
ejge-6999	83	3	and	and	CCONJ
ejge-6999	83	4	fourth	fourth	ADJ
ejge-6999	83	5	place	place	NOUN
ejge-6999	83	6	,	,	PUNCT
ejge-6999	83	7	respectively	respectively	ADV
ejge-6999	83	8	,	,	PUNCT
ejge-6999	83	9	are	be	AUX
ejge-6999	83	10	the	the	DET
ejge-6999	83	11	mean	mean	ADJ
ejge-6999	83	12	and	and	CCONJ
ejge-6999	83	13	standard	standard	ADJ
ejge-6999	83	14	deviation	deviation	NOUN
ejge-6999	83	15	of	of	ADP
ejge-6999	83	16	the	the	DET
ejge-6999	83	17	variables	variable	NOUN
ejge-6999	83	18	over	over	ADP
ejge-6999	83	19	the	the	DET
ejge-6999	83	20	14	14	NUM
ejge-6999	83	21	years	year	NOUN
ejge-6999	83	22	observed	observe	VERB
ejge-6999	83	23	.	.	PUNCT
ejge-6999	84	1	as	as	SCONJ
ejge-6999	84	2	we	we	PRON
ejge-6999	84	3	can	can	AUX
ejge-6999	84	4	see	see	VERB
ejge-6999	84	5	,	,	PUNCT
ejge-6999	84	6	the	the	DET
ejge-6999	84	7	variables	variable	NOUN
ejge-6999	84	8	with	with	ADP
ejge-6999	84	9	the	the	DET
ejge-6999	84	10	greatest	great	ADJ
ejge-6999	84	11	standard	standard	ADJ
ejge-6999	84	12	deviations	deviation	NOUN
ejge-6999	84	13	and	and	CCONJ
ejge-6999	84	14	extreme	extreme	ADJ
ejge-6999	84	15	values	value	NOUN
ejge-6999	84	16	are	be	AUX
ejge-6999	84	17	those	those	PRON
ejge-6999	84	18	of	of	ADP
ejge-6999	84	19	uncertainty	uncertainty	NOUN
ejge-6999	84	20	.	.	PUNCT
ejge-6999	85	1	it	it	PRON
ejge-6999	85	2	is	be	AUX
ejge-6999	85	3	also	also	ADV
ejge-6999	85	4	worth	worth	ADJ
ejge-6999	85	5	mentioning	mention	VERB
ejge-6999	85	6	the	the	DET
ejge-6999	85	7	values	value	NOUN
ejge-6999	85	8	of	of	ADP
ejge-6999	85	9	the	the	DET
ejge-6999	85	10	interest	interest	NOUN
ejge-6999	85	11	rate	rate	NOUN
ejge-6999	85	12	for	for	ADP
ejge-6999	85	13	the	the	DET
ejge-6999	85	14	case	case	NOUN
ejge-6999	85	15	of	of	ADP
ejge-6999	85	16	spain	spain	PROPN
ejge-6999	85	17	,	,	PUNCT
ejge-6999	85	18	since	since	SCONJ
ejge-6999	85	19	in	in	ADP
ejge-6999	85	20	certain	certain	ADJ
ejge-6999	85	21	periods	period	NOUN
ejge-6999	85	22	it	it	PRON
ejge-6999	85	23	has	have	VERB
ejge-6999	85	24	a	a	DET
ejge-6999	85	25	very	very	ADV
ejge-6999	85	26	marked	mark	VERB
ejge-6999	85	27	variation	variation	NOUN
ejge-6999	85	28	.	.	PUNCT
ejge-6999	86	1	table	table	NOUN
ejge-6999	86	2	1	1	NUM
ejge-6999	86	3	.	.	PUNCT
ejge-6999	86	4	descriptive	descriptive	ADJ
ejge-6999	86	5	statistics	statistic	NOUN
ejge-6999	86	6	and	and	CCONJ
ejge-6999	86	7	data	datum	NOUN
ejge-6999	86	8	sources	source	NOUN
ejge-6999	86	9	.	.	PUNCT
ejge-6999	87	1	variables	variables	PROPN
ejge-6999	87	2	max	max	PROPN
ejge-6999	87	3	.	.	PUNCT
ejge-6999	87	4	min	min	AUX
ejge-6999	87	5	.	.	PROPN
ejge-6999	87	6	mean	mean	PROPN
ejge-6999	87	7	sd	sd	ADP
ejge-6999	87	8	source	source	NOUN
ejge-6999	87	9	epu	epu	PROPN
ejge-6999	87	10	57.099	57.099	NUM
ejge-6999	87	11	-39.112	-39.112	NOUN
ejge-6999	88	1	1.5366	1.5366	NUM
ejge-6999	88	2	17.192	17.192	NUM
ejge-6999	88	3	https://www.policyuncertainty.com/	https://www.policyuncertainty.com/	NOUN
ejge-6999	88	4	vix	vix	PROPN
ejge-6999	88	5	90.751	90.751	NUM
ejge-6999	88	6	-38.490	-38.490	NUM
ejge-6999	88	7	1.8067	1.8067	NUM
ejge-6999	88	8	21.725	21.725	NUM
ejge-6999	88	9	eikon	eikon	ADJ
ejge-6999	88	10	gpr	gpr	PROPN
ejge-6999	88	11	120.71	120.71	NUM
ejge-6999	88	12	-58.516	-58.516	NUM
ejge-6999	88	13	3.4295	3.4295	NUM
ejge-6999	88	14	30.581	30.581	NUM
ejge-6999	88	15	https://www.matteoiacoviello.com/gpr.htm	https://www.matteoiacoviello.com/gpr.htm	NOUN
ejge-6999	88	16	brazil	brazil	PROPN
ejge-6999	88	17	bovespa	bovespa	PROPN
ejge-6999	88	18	24.918	24.918	NUM
ejge-6999	88	19	-26.636	-26.636	NOUN
ejge-6999	88	20	0.7316	0.7316	NUM
ejge-6999	88	21	8.7593	8.7593	NUM
ejge-6999	88	22	eikon	eikon	ADJ
ejge-6999	88	23	gdp	gdp	NOUN
ejge-6999	88	24	2.6903	2.6903	NUM
ejge-6999	88	25	-2.5557	-2.5557	NOUN
ejge-6999	88	26	0.7255	0.7255	NUM
ejge-6999	88	27	1.2277	1.2277	NUM
ejge-6999	88	28	https://www.ibge.gov.br/	https://www.ibge.gov.br/	INTJ
ejge-6999	88	29	ir	ir	PROPN
ejge-6999	88	30	12.337	12.337	NUM
ejge-6999	88	31	-15.391	-15.391	PROPN
ejge-6999	88	32	-0.6538	-0.6538	NOUN
ejge-6999	89	1	4.5457	4.5457	NUM
ejge-6999	89	2	eikon	eikon	ADJ
ejge-6999	89	3	er	er	INTJ
ejge-6999	89	4	10.167	10.167	NUM
ejge-6999	89	5	-13.901	-13.901	PROPN
ejge-6999	89	6	0.0038	0.0038	NUM
ejge-6999	89	7	3.1427	3.1427	NUM
ejge-6999	89	8	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
ejge-6999	89	9	cpi	cpi	PROPN
ejge-6999	89	10	1.3472	1.3472	NUM
ejge-6999	89	11	-0.3339	-0.3339	NOUN
ejge-6999	90	1	0.4412	0.4412	NUM
ejge-6999	90	2	0.2947	0.2947	NUM
ejge-6999	90	3	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
ejge-6999	90	4	spain	spain	PROPN
ejge-6999	90	5	ibex	ibex	PROPN
ejge-6999	90	6	16.625	16.625	NUM
ejge-6999	90	7	-17.033	-17.033	NUM
ejge-6999	90	8	0.0612	0.0612	NUM
ejge-6999	90	9	5.4932	5.4932	NUM
ejge-6999	90	10	eikon	eikon	ADJ
ejge-6999	90	11	gdp	gdp	NOUN
ejge-6999	90	12	3.1493	3.1493	NUM
ejge-6999	90	13	-3.5299	-3.5299	NOUN
ejge-6999	91	1	0.1912	0.1912	NUM
ejge-6999	91	2	1.8530	1.8530	NUM
ejge-6999	91	3	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
ejge-6999	91	4	ir	ir	PROPN
ejge-6999	91	5	1347.4	1347.4	NUM
ejge-6999	91	6	-1340.0	-1340.0	NOUN
ejge-6999	91	7	-0.6800	-0.6800	NOUN
ejge-6999	91	8	154.27	154.27	NUM
ejge-6999	91	9	eikon	eikon	ADJ
ejge-6999	91	10	er	er	INTJ
ejge-6999	91	11	2.6182	2.6182	NUM
ejge-6999	91	12	-3.1091	-3.1091	NOUN
ejge-6999	91	13	-0.0012	-0.0012	NOUN
ejge-6999	91	14	0.8454	0.8454	NUM
ejge-6999	91	15	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
ejge-6999	91	16	cpi	cpi	PROPN
ejge-6999	91	17	1.4106	1.4106	NUM
ejge-6999	91	18	-1.9070	-1.9070	NOUN
ejge-6999	91	19	0.1298	0.1298	NUM
ejge-6999	91	20	0.6060	0.6060	NUM
ejge-6999	91	21	https://ine.es/	https://ine.es/	PROPN
ejge-6999	91	22	https://www.policyuncertainty.com/	https://www.policyuncertainty.com/	NOUN
ejge-6999	91	23	https://www.matteoiacoviello.com/gpr.htm	https://www.matteoiacoviello.com/gpr.htm	PROPN
ejge-6999	92	1	https://www.ibge.gov.br/	https://www.ibge.gov.br/	PROPN
ejge-6999	92	2	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	ADV
ejge-6999	92	3	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	INTJ
ejge-6999	92	4	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	INTJ
ejge-6999	92	5	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	ADV
ejge-6999	92	6	https://ine.es/	https://ine.es/	PRON
ejge-6999	92	7	mary	mary	PROPN
ejge-6999	92	8	elena	elena	PROPN
ejge-6999	92	9	sánchez	sánchez	PROPN
ejge-6999	92	10	-	-	PUNCT
ejge-6999	92	11	gabarre	gabarre	PROPN
ejge-6999	92	12	/	/	SYM
ejge-6999	92	13	european	european	ADJ
ejge-6999	92	14	journal	journal	PROPN
ejge-6999	92	15	of	of	ADP
ejge-6999	92	16	government	government	NOUN
ejge-6999	92	17	and	and	CCONJ
ejge-6999	92	18	economics	economic	NOUN
ejge-6999	92	19	9(3	9(3	NUM
ejge-6999	92	20	)	)	PUNCT
ejge-6999	92	21	,	,	PUNCT
ejge-6999	92	22	december	december	PROPN
ejge-6999	92	23	2020	2020	NUM
ejge-6999	92	24	,	,	PUNCT
ejge-6999	92	25	265	265	NUM
ejge-6999	92	26	-	-	SYM
ejge-6999	92	27	279	279	NUM
ejge-6999	92	28	270	270	NUM
ejge-6999	92	29	3.2	3.2	NUM
ejge-6999	92	30	.	.	PUNCT
ejge-6999	93	1	methodology	methodology	NOUN
ejge-6999	93	2	as	as	SCONJ
ejge-6999	93	3	we	we	PRON
ejge-6999	93	4	have	have	AUX
ejge-6999	93	5	been	be	AUX
ejge-6999	93	6	pointing	point	VERB
ejge-6999	93	7	out	out	ADP
ejge-6999	93	8	,	,	PUNCT
ejge-6999	93	9	in	in	ADP
ejge-6999	93	10	this	this	DET
ejge-6999	93	11	study	study	NOUN
ejge-6999	93	12	,	,	PUNCT
ejge-6999	93	13	an	an	DET
ejge-6999	93	14	approach	approach	NOUN
ejge-6999	93	15	based	base	VERB
ejge-6999	93	16	on	on	ADP
ejge-6999	93	17	econometric	econometric	ADJ
ejge-6999	93	18	techniques	technique	NOUN
ejge-6999	93	19	of	of	ADP
ejge-6999	93	20	cointegration	cointegration	NOUN
ejge-6999	93	21	was	be	AUX
ejge-6999	93	22	adopted	adopt	VERB
ejge-6999	93	23	.	.	PUNCT
ejge-6999	94	1	in	in	ADP
ejge-6999	94	2	particular	particular	ADJ
ejge-6999	94	3	,	,	PUNCT
ejge-6999	94	4	we	we	PRON
ejge-6999	94	5	used	use	VERB
ejge-6999	94	6	the	the	DET
ejge-6999	94	7	ardl	ardl	NOUN
ejge-6999	94	8	(	(	PUNCT
ejge-6999	94	9	or	or	CCONJ
ejge-6999	94	10	pesaran	pesaran	VERB
ejge-6999	94	11	-	-	PUNCT
ejge-6999	94	12	shin	shin	NOUN
ejge-6999	94	13	-	-	PUNCT
ejge-6999	94	14	smith	smith	NOUN
ejge-6999	94	15	)	)	PUNCT
ejge-6999	94	16	method	method	NOUN
ejge-6999	94	17	,	,	PUNCT
ejge-6999	94	18	since	since	SCONJ
ejge-6999	94	19	as	as	SCONJ
ejge-6999	94	20	we	we	PRON
ejge-6999	94	21	will	will	AUX
ejge-6999	94	22	see	see	VERB
ejge-6999	94	23	in	in	ADP
ejge-6999	94	24	our	our	PRON
ejge-6999	94	25	case	case	NOUN
ejge-6999	94	26	,	,	PUNCT
ejge-6999	94	27	it	it	PRON
ejge-6999	94	28	is	be	AUX
ejge-6999	94	29	preferable	preferable	ADJ
ejge-6999	94	30	to	to	ADP
ejge-6999	94	31	other	other	ADJ
ejge-6999	94	32	methodologies	methodology	NOUN
ejge-6999	94	33	,	,	PUNCT
ejge-6999	94	34	such	such	ADJ
ejge-6999	94	35	as	as	ADP
ejge-6999	94	36	that	that	PRON
ejge-6999	94	37	of	of	ADP
ejge-6999	94	38	engle	engle	PROPN
ejge-6999	94	39	and	and	CCONJ
ejge-6999	94	40	granger	granger	PROPN
ejge-6999	94	41	(	(	PUNCT
ejge-6999	94	42	1987	1987	NUM
ejge-6999	94	43	)	)	PUNCT
ejge-6999	94	44	or	or	CCONJ
ejge-6999	94	45	that	that	PRON
ejge-6999	94	46	of	of	ADP
ejge-6999	94	47	gregory	gregory	PROPN
ejge-6999	94	48	and	and	CCONJ
ejge-6999	94	49	hansen	hansen	PROPN
ejge-6999	94	50	(	(	PUNCT
ejge-6999	94	51	1996	1996	NUM
ejge-6999	94	52	)	)	PUNCT
ejge-6999	94	53	.	.	PUNCT
ejge-6999	95	1	in	in	ADP
ejge-6999	95	2	this	this	DET
ejge-6999	95	3	method	method	NOUN
ejge-6999	95	4	,	,	PUNCT
ejge-6999	95	5	a	a	DET
ejge-6999	95	6	bound	bind	VERB
ejge-6999	95	7	test	test	NOUN
ejge-6999	95	8	is	be	AUX
ejge-6999	95	9	first	first	ADV
ejge-6999	95	10	carried	carry	VERB
ejge-6999	95	11	out	out	ADP
ejge-6999	95	12	to	to	PART
ejge-6999	95	13	determine	determine	VERB
ejge-6999	95	14	the	the	DET
ejge-6999	95	15	direction	direction	NOUN
ejge-6999	95	16	of	of	ADP
ejge-6999	95	17	co	co	NOUN
ejge-6999	95	18	-	-	NOUN
ejge-6999	95	19	integration	integration	NOUN
ejge-6999	95	20	[	[	X
ejge-6999	95	21	which	which	DET
ejge-6999	95	22	variable(s	variable(s	NOUN
ejge-6999	95	23	)	)	PUNCT
ejge-6999	95	24	could	could	AUX
ejge-6999	95	25	act	act	VERB
ejge-6999	95	26	as	as	ADP
ejge-6999	95	27	a	a	DET
ejge-6999	95	28	dependent	dependent	NOUN
ejge-6999	95	29	]	]	X
ejge-6999	95	30	,	,	PUNCT
ejge-6999	95	31	and	and	CCONJ
ejge-6999	95	32	,	,	PUNCT
ejge-6999	95	33	once	once	SCONJ
ejge-6999	95	34	the	the	DET
ejge-6999	95	35	optimum	optimum	ADJ
ejge-6999	95	36	equation	equation	NOUN
ejge-6999	95	37	has	have	AUX
ejge-6999	95	38	been	be	AUX
ejge-6999	95	39	selected	select	VERB
ejge-6999	95	40	,	,	PUNCT
ejge-6999	95	41	the	the	DET
ejge-6999	95	42	estimation	estimation	NOUN
ejge-6999	95	43	of	of	ADP
ejge-6999	95	44	the	the	DET
ejge-6999	95	45	equilibrium	equilibrium	NOUN
ejge-6999	95	46	model	model	NOUN
ejge-6999	95	47	is	be	AUX
ejge-6999	95	48	carried	carry	VERB
ejge-6999	95	49	out	out	ADP
ejge-6999	95	50	in	in	ADP
ejge-6999	95	51	both	both	CCONJ
ejge-6999	95	52	the	the	DET
ejge-6999	95	53	short	short	ADJ
ejge-6999	95	54	and	and	CCONJ
ejge-6999	95	55	long	long	ADJ
ejge-6999	95	56	term	term	NOUN
ejge-6999	95	57	.	.	PUNCT
ejge-6999	96	1	since	since	SCONJ
ejge-6999	96	2	the	the	DET
ejge-6999	96	3	possibilities	possibility	NOUN
ejge-6999	96	4	of	of	ADP
ejge-6999	96	5	using	use	VERB
ejge-6999	96	6	the	the	DET
ejge-6999	96	7	different	different	ADJ
ejge-6999	96	8	methods	method	NOUN
ejge-6999	96	9	of	of	ADP
ejge-6999	96	10	co	co	NOUN
ejge-6999	96	11	-	-	NOUN
ejge-6999	96	12	integration	integration	NOUN
ejge-6999	96	13	depend	depend	VERB
ejge-6999	96	14	on	on	ADP
ejge-6999	96	15	the	the	DET
ejge-6999	96	16	characteristics	characteristic	NOUN
ejge-6999	96	17	of	of	ADP
ejge-6999	96	18	the	the	DET
ejge-6999	96	19	variables	variable	NOUN
ejge-6999	96	20	in	in	ADP
ejge-6999	96	21	relation	relation	NOUN
ejge-6999	96	22	to	to	ADP
ejge-6999	96	23	their	their	PRON
ejge-6999	96	24	stationarity	stationarity	NOUN
ejge-6999	96	25	or	or	CCONJ
ejge-6999	96	26	non	non	NOUN
ejge-6999	96	27	-	-	NOUN
ejge-6999	96	28	stationarity	stationarity	NOUN
ejge-6999	96	29	,	,	PUNCT
ejge-6999	96	30	before	before	ADP
ejge-6999	96	31	proceeding	proceed	VERB
ejge-6999	96	32	with	with	ADP
ejge-6999	96	33	the	the	DET
ejge-6999	96	34	application	application	NOUN
ejge-6999	96	35	of	of	ADP
ejge-6999	96	36	such	such	ADJ
ejge-6999	96	37	methods	method	NOUN
ejge-6999	96	38	,	,	PUNCT
ejge-6999	96	39	we	we	PRON
ejge-6999	96	40	must	must	AUX
ejge-6999	96	41	determine	determine	VERB
ejge-6999	96	42	these	these	DET
ejge-6999	96	43	characteristics	characteristic	NOUN
ejge-6999	96	44	,	,	PUNCT
ejge-6999	96	45	a	a	DET
ejge-6999	96	46	task	task	NOUN
ejge-6999	96	47	that	that	PRON
ejge-6999	96	48	we	we	PRON
ejge-6999	96	49	will	will	AUX
ejge-6999	96	50	address	address	VERB
ejge-6999	96	51	in	in	ADP
ejge-6999	96	52	the	the	DET
ejge-6999	96	53	following	follow	VERB
ejge-6999	96	54	section	section	NOUN
ejge-6999	96	55	.	.	PUNCT
ejge-6999	97	1	3.2.1	3.2.1	X
ejge-6999	97	2	.	.	PUNCT
ejge-6999	97	3	unit	unit	NOUN
ejge-6999	97	4	root	root	PROPN
ejge-6999	97	5	test	test	NOUN
ejge-6999	97	6	to	to	PART
ejge-6999	97	7	try	try	VERB
ejge-6999	97	8	to	to	PART
ejge-6999	97	9	make	make	VERB
ejge-6999	97	10	our	our	PRON
ejge-6999	97	11	analysis	analysis	NOUN
ejge-6999	97	12	more	more	ADV
ejge-6999	97	13	robust	robust	ADJ
ejge-6999	97	14	,	,	PUNCT
ejge-6999	97	15	we	we	PRON
ejge-6999	97	16	opted	opt	VERB
ejge-6999	97	17	to	to	PART
ejge-6999	97	18	apply	apply	VERB
ejge-6999	97	19	different	different	ADJ
ejge-6999	97	20	methods	method	NOUN
ejge-6999	97	21	,	,	PUNCT
ejge-6999	97	22	such	such	ADJ
ejge-6999	97	23	as	as	ADP
ejge-6999	97	24	the	the	DET
ejge-6999	97	25	dickeyfuller	dickeyfuller	NOUN
ejge-6999	97	26	test	test	NOUN
ejge-6999	97	27	(	(	PUNCT
ejge-6999	97	28	adf	adf	NOUN
ejge-6999	97	29	)	)	PUNCT
ejge-6999	97	30	and	and	CCONJ
ejge-6999	97	31	kwiatkowski	kwiatkowski	PROPN
ejge-6999	97	32	-	-	PUNCT
ejge-6999	97	33	phillips	phillip	NOUN
ejge-6999	97	34	-	-	PUNCT
ejge-6999	97	35	schmidt	schmidt	ADJ
ejge-6999	97	36	-	-	PUNCT
ejge-6999	97	37	shin	shin	NOUN
ejge-6999	97	38	test	test	NOUN
ejge-6999	97	39	(	(	PUNCT
ejge-6999	97	40	kpss	kpss	PROPN
ejge-6999	97	41	)	)	PUNCT
ejge-6999	97	42	,	,	PUNCT
ejge-6999	97	43	to	to	PART
ejge-6999	97	44	level	level	VERB
ejge-6999	97	45	values	value	NOUN
ejge-6999	97	46	.	.	PUNCT
ejge-6999	98	1	in	in	ADP
ejge-6999	98	2	this	this	DET
ejge-6999	98	3	case	case	NOUN
ejge-6999	98	4	,	,	PUNCT
ejge-6999	98	5	an	an	DET
ejge-6999	98	6	analysis	analysis	NOUN
ejge-6999	98	7	with	with	ADP
ejge-6999	98	8	constant	constant	ADJ
ejge-6999	98	9	has	have	AUX
ejge-6999	98	10	been	be	AUX
ejge-6999	98	11	used	use	VERB
ejge-6999	98	12	and	and	CCONJ
ejge-6999	98	13	12	12	NUM
ejge-6999	98	14	lags	lag	NOUN
ejge-6999	98	15	have	have	AUX
ejge-6999	98	16	been	be	AUX
ejge-6999	98	17	selected	select	VERB
ejge-6999	98	18	due	due	ADP
ejge-6999	98	19	to	to	ADP
ejge-6999	98	20	the	the	DET
ejge-6999	98	21	monthly	monthly	ADJ
ejge-6999	98	22	periodicity	periodicity	NOUN
ejge-6999	98	23	of	of	ADP
ejge-6999	98	24	the	the	DET
ejge-6999	98	25	data	datum	NOUN
ejge-6999	98	26	;	;	PUNCT
ejge-6999	98	27	it	it	PRON
ejge-6999	98	28	should	should	AUX
ejge-6999	98	29	also	also	ADV
ejge-6999	98	30	be	be	AUX
ejge-6999	98	31	noted	note	VERB
ejge-6999	98	32	that	that	SCONJ
ejge-6999	98	33	these	these	DET
ejge-6999	98	34	tests	test	NOUN
ejge-6999	98	35	have	have	AUX
ejge-6999	98	36	been	be	AUX
ejge-6999	98	37	carried	carry	VERB
ejge-6999	98	38	out	out	ADP
ejge-6999	98	39	using	use	VERB
ejge-6999	98	40	akaike	akaike	ADJ
ejge-6999	98	41	information	information	NOUN
ejge-6999	98	42	criterion	criterion	NOUN
ejge-6999	98	43	(	(	PUNCT
ejge-6999	98	44	aic	aic	PROPN
ejge-6999	98	45	)	)	PUNCT
ejge-6999	98	46	.	.	PUNCT
ejge-6999	99	1	table	table	NOUN
ejge-6999	100	1	2	2	NUM
ejge-6999	100	2	.	.	PUNCT
ejge-6999	100	3	results	result	NOUN
ejge-6999	100	4	of	of	ADP
ejge-6999	100	5	unit	unit	NOUN
ejge-6999	100	6	root	root	NOUN
ejge-6999	100	7	tests	test	NOUN
ejge-6999	100	8	.	.	PUNCT
ejge-6999	101	1	variables	variable	NOUN
ejge-6999	101	2	adf	adf	PROPN
ejge-6999	101	3	levels	level	NOUN
ejge-6999	101	4	kpss	kpss	PROPN
ejge-6999	101	5	levels	level	NOUN
ejge-6999	101	6	epu	epu	VERB
ejge-6999	101	7	i(0	i(0	PROPN
ejge-6999	101	8	)	)	PUNCT
ejge-6999	101	9	i(0	i(0	PROPN
ejge-6999	101	10	)	)	PUNCT
ejge-6999	101	11	vix	vix	PROPN
ejge-6999	101	12	i(0	i(0	PROPN
ejge-6999	101	13	)	)	PUNCT
ejge-6999	101	14	i(0	i(0	PROPN
ejge-6999	101	15	)	)	PUNCT
ejge-6999	101	16	gpr	gpr	PROPN
ejge-6999	101	17	i(0	i(0	PROPN
ejge-6999	101	18	)	)	PUNCT
ejge-6999	101	19	i(0	i(0	PROPN
ejge-6999	101	20	)	)	PUNCT
ejge-6999	101	21	brazil	brazil	PROPN
ejge-6999	101	22	bovespa	bovespa	PROPN
ejge-6999	101	23	i(0	i(0	PROPN
ejge-6999	101	24	)	)	PUNCT
ejge-6999	101	25	i(0	i(0	PROPN
ejge-6999	101	26	)	)	PUNCT
ejge-6999	101	27	gdp	gdp	NOUN
ejge-6999	101	28	i(1	i(1	PROPN
ejge-6999	101	29	)	)	PUNCT
ejge-6999	101	30	i(1	i(1	PROPN
ejge-6999	101	31	)	)	PUNCT
ejge-6999	101	32	ir	ir	PROPN
ejge-6999	101	33	i(0	i(0	PROPN
ejge-6999	101	34	)	)	PUNCT
ejge-6999	101	35	i(0	i(0	PROPN
ejge-6999	101	36	)	)	PUNCT
ejge-6999	101	37	er	er	INTJ
ejge-6999	101	38	i(0	i(0	PROPN
ejge-6999	101	39	)	)	PUNCT
ejge-6999	101	40	i(0	i(0	PROPN
ejge-6999	101	41	)	)	PUNCT
ejge-6999	101	42	cpi	cpi	PROPN
ejge-6999	101	43	i(1	i(1	PROPN
ejge-6999	101	44	)	)	PUNCT
ejge-6999	101	45	i(0	i(0	PROPN
ejge-6999	101	46	)	)	PUNCT
ejge-6999	101	47	spain	spain	PROPN
ejge-6999	101	48	ibex	ibex	PROPN
ejge-6999	101	49	i(0	i(0	PROPN
ejge-6999	101	50	)	)	PUNCT
ejge-6999	101	51	i(0	i(0	PROPN
ejge-6999	101	52	)	)	PUNCT
ejge-6999	101	53	gdp	gdp	NOUN
ejge-6999	101	54	i(1	i(1	PROPN
ejge-6999	101	55	)	)	PUNCT
ejge-6999	101	56	i(0	i(0	PROPN
ejge-6999	101	57	)	)	PUNCT
ejge-6999	102	1	ir	ir	PROPN
ejge-6999	102	2	i(0	i(0	PROPN
ejge-6999	102	3	)	)	PUNCT
ejge-6999	102	4	i(0	i(0	PROPN
ejge-6999	102	5	)	)	PUNCT
ejge-6999	102	6	er	er	INTJ
ejge-6999	102	7	i(0	i(0	PROPN
ejge-6999	102	8	)	)	PUNCT
ejge-6999	102	9	i(0	i(0	PROPN
ejge-6999	102	10	)	)	PUNCT
ejge-6999	102	11	cpi	cpi	PROPN
ejge-6999	102	12	i(1	i(1	PROPN
ejge-6999	102	13	)	)	PUNCT
ejge-6999	102	14	i(0	i(0	PROPN
ejge-6999	102	15	)	)	PUNCT
ejge-6999	102	16	considering	consider	VERB
ejge-6999	102	17	all	all	DET
ejge-6999	102	18	the	the	DET
ejge-6999	102	19	information	information	NOUN
ejge-6999	102	20	provided	provide	VERB
ejge-6999	102	21	by	by	ADP
ejge-6999	102	22	the	the	DET
ejge-6999	102	23	unit	unit	NOUN
ejge-6999	102	24	root	root	NOUN
ejge-6999	102	25	tests	test	NOUN
ejge-6999	102	26	(	(	PUNCT
ejge-6999	102	27	table	table	NOUN
ejge-6999	102	28	2	2	NUM
ejge-6999	102	29	)	)	PUNCT
ejge-6999	102	30	,	,	PUNCT
ejge-6999	102	31	it	it	PRON
ejge-6999	102	32	can	can	AUX
ejge-6999	102	33	be	be	AUX
ejge-6999	102	34	seen	see	VERB
ejge-6999	102	35	that	that	SCONJ
ejge-6999	102	36	the	the	DET
ejge-6999	102	37	results	result	NOUN
ejge-6999	102	38	do	do	AUX
ejge-6999	102	39	not	not	PART
ejge-6999	102	40	coincide	coincide	VERB
ejge-6999	102	41	optimally	optimally	ADV
ejge-6999	102	42	between	between	ADP
ejge-6999	102	43	both	both	DET
ejge-6999	102	44	tests	test	NOUN
ejge-6999	102	45	.	.	PUNCT
ejge-6999	103	1	the	the	DET
ejge-6999	103	2	only	only	ADJ
ejge-6999	103	3	non	non	ADJ
ejge-6999	103	4	-	-	ADJ
ejge-6999	103	5	stationary	stationary	ADJ
ejge-6999	103	6	variable	variable	NOUN
ejge-6999	103	7	in	in	ADP
ejge-6999	103	8	all	all	DET
ejge-6999	103	9	the	the	DET
ejge-6999	103	10	tests	test	NOUN
ejge-6999	103	11	would	would	AUX
ejge-6999	103	12	be	be	AUX
ejge-6999	103	13	safely	safely	ADV
ejge-6999	103	14	the	the	DET
ejge-6999	103	15	gdp	gdp	NOUN
ejge-6999	103	16	in	in	ADP
ejge-6999	103	17	the	the	DET
ejge-6999	103	18	brazil	brazil	PROPN
ejge-6999	103	19	case	case	NOUN
ejge-6999	103	20	.	.	PUNCT
ejge-6999	104	1	therefore	therefore	ADV
ejge-6999	104	2	,	,	PUNCT
ejge-6999	104	3	we	we	PRON
ejge-6999	104	4	see	see	VERB
ejge-6999	104	5	contradictory	contradictory	ADJ
ejge-6999	104	6	outcomes	outcome	NOUN
ejge-6999	104	7	with	with	ADP
ejge-6999	104	8	respect	respect	NOUN
ejge-6999	104	9	to	to	ADP
ejge-6999	104	10	cpi	cpi	PROPN
ejge-6999	104	11	(	(	PUNCT
ejge-6999	104	12	brazil	brazil	PROPN
ejge-6999	104	13	and	and	CCONJ
ejge-6999	104	14	spain	spain	PROPN
ejge-6999	104	15	)	)	PUNCT
ejge-6999	104	16	and	and	CCONJ
ejge-6999	104	17	gdp	gdp	PROPN
ejge-6999	104	18	(	(	PUNCT
ejge-6999	104	19	spain	spain	PROPN
ejge-6999	104	20	)	)	PUNCT
ejge-6999	104	21	.	.	PUNCT
ejge-6999	105	1	when	when	SCONJ
ejge-6999	105	2	carrying	carry	VERB
ejge-6999	105	3	out	out	ADP
ejge-6999	105	4	the	the	DET
ejge-6999	105	5	co	co	NOUN
ejge-6999	105	6	-	-	NOUN
ejge-6999	105	7	integration	integration	NOUN
ejge-6999	105	8	analysis	analysis	NOUN
ejge-6999	105	9	,	,	PUNCT
ejge-6999	105	10	these	these	DET
ejge-6999	105	11	results	result	NOUN
ejge-6999	105	12	should	should	AUX
ejge-6999	105	13	be	be	AUX
ejge-6999	105	14	taken	take	VERB
ejge-6999	105	15	into	into	ADP
ejge-6999	105	16	account	account	NOUN
ejge-6999	105	17	,	,	PUNCT
ejge-6999	105	18	as	as	SCONJ
ejge-6999	105	19	different	different	ADJ
ejge-6999	105	20	methods	method	NOUN
ejge-6999	105	21	could	could	AUX
ejge-6999	105	22	be	be	AUX
ejge-6999	105	23	applied	apply	VERB
ejge-6999	105	24	depending	depend	VERB
ejge-6999	105	25	on	on	ADP
ejge-6999	105	26	the	the	DET
ejge-6999	105	27	stationary	stationary	ADJ
ejge-6999	105	28	properties	property	NOUN
ejge-6999	105	29	of	of	ADP
ejge-6999	105	30	our	our	PRON
ejge-6999	105	31	variables	variable	NOUN
ejge-6999	105	32	.	.	PUNCT
ejge-6999	106	1	the	the	DET
ejge-6999	106	2	ardl	ardl	NOUN
ejge-6999	106	3	(	(	PUNCT
ejge-6999	106	4	autoregressive	autoregressive	ADJ
ejge-6999	106	5	distributed	distribute	VERB
ejge-6999	106	6	delays	delay	NOUN
ejge-6999	106	7	)	)	PUNCT
ejge-6999	106	8	method	method	NOUN
ejge-6999	106	9	,	,	PUNCT
ejge-6999	106	10	also	also	ADV
ejge-6999	106	11	called	call	VERB
ejge-6999	106	12	pss	pss	PROPN
ejge-6999	106	13	(	(	PUNCT
ejge-6999	106	14	pesaran	pesaran	VERB
ejge-6999	106	15	-	-	PUNCT
ejge-6999	106	16	shinsmith	shinsmith	NOUN
ejge-6999	106	17	)	)	PUNCT
ejge-6999	106	18	test	test	NOUN
ejge-6999	106	19	(	(	PUNCT
ejge-6999	106	20	pesaran	pesaran	PROPN
ejge-6999	106	21	&	&	CCONJ
ejge-6999	106	22	shin	shin	PROPN
ejge-6999	106	23	,	,	PUNCT
ejge-6999	106	24	1999	1999	NUM
ejge-6999	106	25	;	;	PUNCT
ejge-6999	106	26	pesaran	pesaran	VERB
ejge-6999	106	27	,	,	PUNCT
ejge-6999	106	28	shin	shin	PROPN
ejge-6999	106	29	&	&	CCONJ
ejge-6999	106	30	smith	smith	PROPN
ejge-6999	106	31	,	,	PUNCT
ejge-6999	106	32	2001	2001	NUM
ejge-6999	106	33	)	)	PUNCT
ejge-6999	106	34	,	,	PUNCT
ejge-6999	106	35	differs	differ	VERB
ejge-6999	106	36	from	from	ADP
ejge-6999	106	37	other	other	ADJ
ejge-6999	106	38	methods	method	NOUN
ejge-6999	106	39	in	in	ADP
ejge-6999	106	40	mary	mary	PROPN
ejge-6999	106	41	elena	elena	PROPN
ejge-6999	106	42	sánchez	sánchez	PROPN
ejge-6999	106	43	-	-	PUNCT
ejge-6999	106	44	gabarre	gabarre	PROPN
ejge-6999	106	45	/	/	SYM
ejge-6999	106	46	european	european	ADJ
ejge-6999	106	47	journal	journal	PROPN
ejge-6999	106	48	of	of	ADP
ejge-6999	106	49	government	government	NOUN
ejge-6999	106	50	and	and	CCONJ
ejge-6999	106	51	economics	economic	NOUN
ejge-6999	106	52	9(3	9(3	NUM
ejge-6999	106	53	)	)	PUNCT
ejge-6999	106	54	,	,	PUNCT
ejge-6999	106	55	december	december	PROPN
ejge-6999	106	56	2020	2020	NUM
ejge-6999	106	57	,	,	PUNCT
ejge-6999	106	58	265	265	NUM
ejge-6999	106	59	-	-	SYM
ejge-6999	106	60	279	279	NUM
ejge-6999	106	61	271	271	NUM
ejge-6999	106	62	that	that	SCONJ
ejge-6999	106	63	it	it	PRON
ejge-6999	106	64	allows	allow	VERB
ejge-6999	106	65	a	a	DET
ejge-6999	106	66	more	more	ADJ
ejge-6999	106	67	in	in	ADP
ejge-6999	106	68	-	-	PUNCT
ejge-6999	106	69	depth	depth	NOUN
ejge-6999	106	70	study	study	NOUN
ejge-6999	106	71	,	,	PUNCT
ejge-6999	106	72	in	in	ADP
ejge-6999	106	73	a	a	DET
ejge-6999	106	74	less	less	ADV
ejge-6999	106	75	restrictive	restrictive	ADJ
ejge-6999	106	76	way	way	NOUN
ejge-6999	106	77	.	.	PUNCT
ejge-6999	107	1	for	for	ADP
ejge-6999	107	2	this	this	DET
ejge-6999	107	3	reason	reason	NOUN
ejge-6999	107	4	,	,	PUNCT
ejge-6999	107	5	in	in	ADP
ejge-6999	107	6	the	the	DET
ejge-6999	107	7	present	present	ADJ
ejge-6999	107	8	study	study	NOUN
ejge-6999	107	9	,	,	PUNCT
ejge-6999	107	10	an	an	DET
ejge-6999	107	11	empirical	empirical	ADJ
ejge-6999	107	12	analysis	analysis	NOUN
ejge-6999	107	13	will	will	AUX
ejge-6999	107	14	be	be	AUX
ejge-6999	107	15	carried	carry	VERB
ejge-6999	107	16	out	out	ADP
ejge-6999	107	17	applying	apply	VERB
ejge-6999	107	18	the	the	DET
ejge-6999	107	19	ardl	ardl	NOUN
ejge-6999	107	20	method	method	NOUN
ejge-6999	107	21	,	,	PUNCT
ejge-6999	107	22	among	among	ADP
ejge-6999	107	23	other	other	ADJ
ejge-6999	107	24	reasons	reason	NOUN
ejge-6999	107	25	because	because	SCONJ
ejge-6999	107	26	the	the	DET
ejge-6999	107	27	engle	engle	PROPN
ejge-6999	107	28	-	-	PUNCT
ejge-6999	107	29	granger	granger	PROPN
ejge-6999	107	30	and	and	CCONJ
ejge-6999	107	31	gregory	gregory	PROPN
ejge-6999	107	32	-	-	PUNCT
ejge-6999	107	33	hansen	hansen	PROPN
ejge-6999	107	34	methods	method	NOUN
ejge-6999	107	35	,	,	PUNCT
ejge-6999	107	36	require	require	VERB
ejge-6999	107	37	that	that	SCONJ
ejge-6999	107	38	to	to	PART
ejge-6999	107	39	carry	carry	VERB
ejge-6999	107	40	out	out	ADP
ejge-6999	107	41	the	the	DET
ejge-6999	107	42	co	co	NOUN
ejge-6999	107	43	-	-	NOUN
ejge-6999	107	44	integration	integration	NOUN
ejge-6999	107	45	analysis	analysis	NOUN
ejge-6999	107	46	absolutely	absolutely	ADV
ejge-6999	107	47	all	all	DET
ejge-6999	107	48	the	the	DET
ejge-6999	107	49	variables	variable	NOUN
ejge-6999	107	50	considered	consider	VERB
ejge-6999	107	51	(	(	PUNCT
ejge-6999	107	52	dependent	dependent	ADJ
ejge-6999	107	53	and	and	CCONJ
ejge-6999	107	54	regressors	regressor	NOUN
ejge-6999	107	55	)	)	PUNCT
ejge-6999	107	56	are	be	AUX
ejge-6999	107	57	integrated	integrate	VERB
ejge-6999	107	58	of	of	ADP
ejge-6999	107	59	order	order	NOUN
ejge-6999	107	60	1	1	NUM
ejge-6999	107	61	,	,	PUNCT
ejge-6999	107	62	i(1	i(1	PROPN
ejge-6999	107	63	)	)	PUNCT
ejge-6999	107	64	,	,	PUNCT
ejge-6999	107	65	that	that	ADV
ejge-6999	107	66	is	is	ADV
ejge-6999	107	67	,	,	PUNCT
ejge-6999	107	68	they	they	PRON
ejge-6999	107	69	have	have	VERB
ejge-6999	107	70	a	a	DET
ejge-6999	107	71	unitary	unitary	ADJ
ejge-6999	107	72	root	root	NOUN
ejge-6999	107	73	.	.	PUNCT
ejge-6999	108	1	3.2.2	3.2.2	NUM
ejge-6999	108	2	.	.	PUNCT
ejge-6999	108	3	optimal	optimal	ADJ
ejge-6999	108	4	number	number	NOUN
ejge-6999	108	5	of	of	ADP
ejge-6999	108	6	lags	lag	NOUN
ejge-6999	108	7	before	before	ADP
ejge-6999	108	8	applying	apply	VERB
ejge-6999	108	9	the	the	DET
ejge-6999	108	10	ardl	ardl	NOUN
ejge-6999	108	11	method	method	NOUN
ejge-6999	108	12	,	,	PUNCT
ejge-6999	108	13	the	the	DET
ejge-6999	108	14	number	number	NOUN
ejge-6999	108	15	of	of	ADP
ejge-6999	108	16	lags	lag	NOUN
ejge-6999	108	17	with	with	ADP
ejge-6999	108	18	which	which	PRON
ejge-6999	108	19	to	to	PART
ejge-6999	108	20	work	work	VERB
ejge-6999	108	21	must	must	AUX
ejge-6999	108	22	be	be	AUX
ejge-6999	108	23	established	establish	VERB
ejge-6999	108	24	.	.	PUNCT
ejge-6999	109	1	a	a	DET
ejge-6999	109	2	priori	priori	ADV
ejge-6999	109	3	,	,	PUNCT
ejge-6999	109	4	according	accord	VERB
ejge-6999	109	5	to	to	ADP
ejge-6999	109	6	pesaran	pesaran	NOUN
ejge-6999	109	7	and	and	CCONJ
ejge-6999	109	8	pesaran	pesaran	NOUN
ejge-6999	109	9	(	(	PUNCT
ejge-6999	109	10	2009	2009	NUM
ejge-6999	109	11	)	)	PUNCT
ejge-6999	109	12	,	,	PUNCT
ejge-6999	109	13	as	as	SCONJ
ejge-6999	109	14	these	these	PRON
ejge-6999	109	15	are	be	AUX
ejge-6999	109	16	monthly	monthly	ADJ
ejge-6999	109	17	data	datum	NOUN
ejge-6999	109	18	,	,	PUNCT
ejge-6999	109	19	the	the	DET
ejge-6999	109	20	recommended	recommend	VERB
ejge-6999	109	21	number	number	NOUN
ejge-6999	109	22	of	of	ADP
ejge-6999	109	23	lags	lag	NOUN
ejge-6999	109	24	would	would	AUX
ejge-6999	109	25	be	be	AUX
ejge-6999	109	26	12	12	NUM
ejge-6999	109	27	,	,	PUNCT
ejge-6999	109	28	which	which	PRON
ejge-6999	109	29	for	for	ADP
ejge-6999	109	30	our	our	PRON
ejge-6999	109	31	model	model	NOUN
ejge-6999	109	32	would	would	AUX
ejge-6999	109	33	imply	imply	VERB
ejge-6999	109	34	that	that	SCONJ
ejge-6999	109	35	the	the	DET
ejge-6999	109	36	number	number	NOUN
ejge-6999	109	37	of	of	ADP
ejge-6999	109	38	regressions	regression	NOUN
ejge-6999	109	39	required	require	VERB
ejge-6999	109	40	would	would	AUX
ejge-6999	109	41	be	be	AUX
ejge-6999	109	42	no	no	ADV
ejge-6999	109	43	less	less	ADJ
ejge-6999	109	44	than	than	ADP
ejge-6999	109	45	815.73	815.73	NUM
ejge-6999	109	46	million	million	NUM
ejge-6999	109	47	by	by	ADP
ejge-6999	109	48	each	each	DET
ejge-6999	109	49	country	country	NOUN
ejge-6999	109	50	,	,	PUNCT
ejge-6999	109	51	which	which	PRON
ejge-6999	109	52	would	would	AUX
ejge-6999	109	53	be	be	AUX
ejge-6999	109	54	unmanageable	unmanageable	ADJ
ejge-6999	109	55	in	in	ADP
ejge-6999	109	56	practice	practice	NOUN
ejge-6999	109	57	.	.	PUNCT
ejge-6999	110	1	therefore	therefore	ADV
ejge-6999	110	2	,	,	PUNCT
ejge-6999	110	3	we	we	PRON
ejge-6999	110	4	decided	decide	VERB
ejge-6999	110	5	to	to	PART
ejge-6999	110	6	use	use	VERB
ejge-6999	110	7	the	the	DET
ejge-6999	110	8	procedure	procedure	NOUN
ejge-6999	110	9	followed	follow	VERB
ejge-6999	110	10	by	by	ADP
ejge-6999	110	11	khan	khan	PROPN
ejge-6999	110	12	and	and	CCONJ
ejge-6999	110	13	khan	khan	PROPN
ejge-6999	110	14	(	(	PUNCT
ejge-6999	110	15	2018	2018	NUM
ejge-6999	110	16	)	)	PUNCT
ejge-6999	110	17	,	,	PUNCT
ejge-6999	110	18	in	in	ADP
ejge-6999	110	19	order	order	NOUN
ejge-6999	110	20	to	to	PART
ejge-6999	110	21	know	know	VERB
ejge-6999	110	22	the	the	DET
ejge-6999	110	23	number	number	NOUN
ejge-6999	110	24	of	of	ADP
ejge-6999	110	25	optimum	optimum	ADJ
ejge-6999	110	26	lags	lag	NOUN
ejge-6999	110	27	.	.	PUNCT
ejge-6999	111	1	according	accord	VERB
ejge-6999	111	2	to	to	ADP
ejge-6999	111	3	this	this	DET
ejge-6999	111	4	procedure	procedure	NOUN
ejge-6999	111	5	,	,	PUNCT
ejge-6999	111	6	for	for	ADP
ejge-6999	111	7	this	this	DET
ejge-6999	111	8	case	case	NOUN
ejge-6999	111	9	the	the	DET
ejge-6999	111	10	appropriate	appropriate	ADJ
ejge-6999	111	11	number	number	NOUN
ejge-6999	111	12	of	of	ADP
ejge-6999	111	13	lags	lag	NOUN
ejge-6999	111	14	would	would	AUX
ejge-6999	111	15	be	be	AUX
ejge-6999	111	16	12	12	NUM
ejge-6999	111	17	according	accord	VERB
ejge-6999	111	18	to	to	ADP
ejge-6999	111	19	aic	aic	PROPN
ejge-6999	111	20	and	and	CCONJ
ejge-6999	111	21	r2	r2	PROPN
ejge-6999	111	22	criteria	criterion	NOUN
ejge-6999	111	23	,	,	PUNCT
ejge-6999	111	24	whereas	whereas	SCONJ
ejge-6999	111	25	according	accord	VERB
ejge-6999	111	26	to	to	ADP
ejge-6999	111	27	fpe	fpe	PROPN
ejge-6999	111	28	(	(	PUNCT
ejge-6999	111	29	final	final	ADJ
ejge-6999	111	30	prediction	prediction	NOUN
ejge-6999	111	31	error	error	NOUN
ejge-6999	111	32	)	)	PUNCT
ejge-6999	111	33	and	and	CCONJ
ejge-6999	111	34	hq	hq	PROPN
ejge-6999	111	35	(	(	PUNCT
ejge-6999	111	36	hannan	hannan	PROPN
ejge-6999	111	37	-	-	PUNCT
ejge-6999	111	38	quinn	quinn	PROPN
ejge-6999	111	39	information	information	NOUN
ejge-6999	111	40	criterion	criterion	NOUN
ejge-6999	111	41	)	)	PUNCT
ejge-6999	111	42	criteria	criterion	NOUN
ejge-6999	111	43	this	this	DET
ejge-6999	111	44	number	number	NOUN
ejge-6999	111	45	would	would	AUX
ejge-6999	111	46	be	be	AUX
ejge-6999	111	47	1	1	NUM
ejge-6999	111	48	.	.	PUNCT
ejge-6999	111	49	given	give	VERB
ejge-6999	111	50	that	that	PRON
ejge-6999	111	51	,	,	PUNCT
ejge-6999	111	52	as	as	SCONJ
ejge-6999	111	53	we	we	PRON
ejge-6999	111	54	have	have	AUX
ejge-6999	111	55	seen	see	VERB
ejge-6999	111	56	above	above	ADV
ejge-6999	111	57	,	,	PUNCT
ejge-6999	111	58	in	in	ADP
ejge-6999	111	59	our	our	PRON
ejge-6999	111	60	model	model	NOUN
ejge-6999	111	61	it	it	PRON
ejge-6999	111	62	is	be	AUX
ejge-6999	111	63	very	very	ADV
ejge-6999	111	64	complicated	complicated	ADJ
ejge-6999	111	65	in	in	ADP
ejge-6999	111	66	practice	practice	NOUN
ejge-6999	111	67	to	to	PART
ejge-6999	111	68	work	work	VERB
ejge-6999	111	69	with	with	ADP
ejge-6999	111	70	12	12	NUM
ejge-6999	111	71	lags	lag	NOUN
ejge-6999	111	72	,	,	PUNCT
ejge-6999	111	73	according	accord	VERB
ejge-6999	111	74	to	to	ADP
ejge-6999	111	75	these	these	DET
ejge-6999	111	76	results	result	NOUN
ejge-6999	111	77	we	we	PRON
ejge-6999	111	78	opted	opt	VERB
ejge-6999	111	79	to	to	PART
ejge-6999	111	80	establish	establish	VERB
ejge-6999	111	81	a	a	DET
ejge-6999	111	82	maximum	maximum	NOUN
ejge-6999	111	83	of	of	ADP
ejge-6999	111	84	1	1	NUM
ejge-6999	111	85	lag	lag	NOUN
ejge-6999	111	86	.	.	PUNCT
ejge-6999	112	1	3.2.3	3.2.3	X
ejge-6999	112	2	.	.	X
ejge-6999	112	3	bound	bind	VERB
ejge-6999	112	4	test	test	NOUN
ejge-6999	112	5	as	as	ADP
ejge-6999	112	6	the	the	DET
ejge-6999	112	7	unit	unit	NOUN
ejge-6999	112	8	-	-	PUNCT
ejge-6999	112	9	root	root	NOUN
ejge-6999	112	10	analysis	analysis	NOUN
ejge-6999	112	11	was	be	AUX
ejge-6999	112	12	already	already	ADV
ejge-6999	112	13	carried	carry	VERB
ejge-6999	112	14	out	out	ADP
ejge-6999	112	15	previously	previously	ADV
ejge-6999	112	16	,	,	PUNCT
ejge-6999	112	17	we	we	PRON
ejge-6999	112	18	can	can	AUX
ejge-6999	112	19	now	now	ADV
ejge-6999	112	20	continue	continue	VERB
ejge-6999	112	21	with	with	ADP
ejge-6999	112	22	the	the	DET
ejge-6999	112	23	next	next	ADJ
ejge-6999	112	24	phase	phase	NOUN
ejge-6999	112	25	of	of	ADP
ejge-6999	112	26	the	the	DET
ejge-6999	112	27	estimation	estimation	NOUN
ejge-6999	112	28	of	of	ADP
ejge-6999	112	29	the	the	DET
ejge-6999	112	30	ardl	ardl	NOUN
ejge-6999	112	31	models	model	NOUN
ejge-6999	112	32	,	,	PUNCT
ejge-6999	112	33	which	which	PRON
ejge-6999	112	34	is	be	AUX
ejge-6999	112	35	the	the	DET
ejge-6999	112	36	bound	bound	ADJ
ejge-6999	112	37	test	test	NOUN
ejge-6999	112	38	by	by	ADP
ejge-6999	112	39	means	mean	NOUN
ejge-6999	112	40	of	of	ADP
ejge-6999	112	41	an	an	DET
ejge-6999	112	42	f	f	NOUN
ejge-6999	112	43	-	-	PUNCT
ejge-6999	112	44	statistic	statistic	NOUN
ejge-6999	112	45	.	.	PUNCT
ejge-6999	113	1	this	this	DET
ejge-6999	113	2	test	test	NOUN
ejge-6999	113	3	analyses	analyse	VERB
ejge-6999	113	4	the	the	DET
ejge-6999	113	5	causality	causality	NOUN
ejge-6999	113	6	of	of	ADP
ejge-6999	113	7	the	the	DET
ejge-6999	113	8	variables	variable	NOUN
ejge-6999	113	9	,	,	PUNCT
ejge-6999	113	10	that	that	ADV
ejge-6999	113	11	is	is	ADV
ejge-6999	113	12	,	,	PUNCT
ejge-6999	113	13	whether	whether	SCONJ
ejge-6999	113	14	and	and	CCONJ
ejge-6999	113	15	how	how	SCONJ
ejge-6999	113	16	(	(	PUNCT
ejge-6999	113	17	dependent	dependent	ADJ
ejge-6999	113	18	/	/	SYM
ejge-6999	113	19	explanatory	explanatory	ADJ
ejge-6999	113	20	variable	variable	NOUN
ejge-6999	113	21	)	)	PUNCT
ejge-6999	113	22	each	each	PRON
ejge-6999	113	23	of	of	ADP
ejge-6999	113	24	the	the	DET
ejge-6999	113	25	variables	variable	NOUN
ejge-6999	113	26	considered	consider	VERB
ejge-6999	113	27	should	should	AUX
ejge-6999	113	28	be	be	AUX
ejge-6999	113	29	included	include	VERB
ejge-6999	113	30	in	in	ADP
ejge-6999	113	31	the	the	DET
ejge-6999	113	32	model	model	NOUN
ejge-6999	113	33	.	.	PUNCT
ejge-6999	114	1	its	its	PRON
ejge-6999	114	2	null	null	ADJ
ejge-6999	114	3	hypothesis	hypothesis	NOUN
ejge-6999	114	4	is	be	AUX
ejge-6999	114	5	the	the	DET
ejge-6999	114	6	non	non	ADJ
ejge-6999	114	7	-	-	NOUN
ejge-6999	114	8	existence	existence	NOUN
ejge-6999	114	9	of	of	ADP
ejge-6999	114	10	cointegration	cointegration	NOUN
ejge-6999	114	11	.	.	PUNCT
ejge-6999	115	1	we	we	PRON
ejge-6999	115	2	must	must	AUX
ejge-6999	115	3	point	point	VERB
ejge-6999	115	4	out	out	ADP
ejge-6999	115	5	that	that	SCONJ
ejge-6999	115	6	when	when	SCONJ
ejge-6999	115	7	analysing	analyse	VERB
ejge-6999	115	8	the	the	DET
ejge-6999	115	9	results	result	NOUN
ejge-6999	115	10	of	of	ADP
ejge-6999	115	11	the	the	DET
ejge-6999	115	12	corresponding	corresponding	ADJ
ejge-6999	115	13	statistics	statistic	NOUN
ejge-6999	115	14	,	,	PUNCT
ejge-6999	115	15	there	there	PRON
ejge-6999	115	16	are	be	VERB
ejge-6999	115	17	problems	problem	NOUN
ejge-6999	115	18	due	due	ADJ
ejge-6999	115	19	to	to	ADP
ejge-6999	115	20	their	their	PRON
ejge-6999	115	21	non	non	ADJ
ejge-6999	115	22	-	-	ADJ
ejge-6999	115	23	standard	standard	ADJ
ejge-6999	115	24	distribution	distribution	NOUN
ejge-6999	115	25	,	,	PUNCT
ejge-6999	115	26	a	a	DET
ejge-6999	115	27	situation	situation	NOUN
ejge-6999	115	28	that	that	PRON
ejge-6999	115	29	toda	toda	PROPN
ejge-6999	115	30	and	and	CCONJ
ejge-6999	115	31	yamamoto	yamamoto	PROPN
ejge-6999	115	32	(	(	PUNCT
ejge-6999	115	33	1995	1995	NUM
ejge-6999	115	34	)	)	PUNCT
ejge-6999	115	35	have	have	AUX
ejge-6999	115	36	tried	try	VERB
ejge-6999	115	37	to	to	PART
ejge-6999	115	38	justify	justify	VERB
ejge-6999	115	39	and	and	CCONJ
ejge-6999	115	40	for	for	ADP
ejge-6999	115	41	which	which	PRON
ejge-6999	115	42	pesaran	pesaran	VERB
ejge-6999	115	43	et	et	PROPN
ejge-6999	115	44	al	al	PROPN
ejge-6999	115	45	.	.	PROPN
ejge-6999	116	1	(	(	PUNCT
ejge-6999	116	2	2001	2001	NUM
ejge-6999	116	3	)	)	PUNCT
ejge-6999	116	4	indicate	indicate	VERB
ejge-6999	116	5	a	a	DET
ejge-6999	116	6	special	special	ADJ
ejge-6999	116	7	method	method	NOUN
ejge-6999	116	8	to	to	PART
ejge-6999	116	9	carry	carry	VERB
ejge-6999	116	10	out	out	ADP
ejge-6999	116	11	the	the	DET
ejge-6999	116	12	test	test	NOUN
ejge-6999	116	13	with	with	ADP
ejge-6999	116	14	two	two	NUM
ejge-6999	116	15	theoretical	theoretical	ADJ
ejge-6999	116	16	values	value	NOUN
ejge-6999	116	17	,	,	PUNCT
ejge-6999	116	18	a	a	DET
ejge-6999	116	19	lower	low	ADJ
ejge-6999	116	20	limit	limit	NOUN
ejge-6999	116	21	(	(	PUNCT
ejge-6999	116	22	li	li	NOUN
ejge-6999	116	23	)	)	PUNCT
ejge-6999	116	24	and	and	CCONJ
ejge-6999	116	25	an	an	DET
ejge-6999	116	26	upper	upper	ADJ
ejge-6999	116	27	limit	limit	NOUN
ejge-6999	116	28	(	(	PUNCT
ejge-6999	116	29	ls	ls	PROPN
ejge-6999	116	30	)	)	PUNCT
ejge-6999	116	31	.	.	PUNCT
ejge-6999	117	1	both	both	DET
ejge-6999	117	2	limits	limit	NOUN
ejge-6999	117	3	must	must	AUX
ejge-6999	117	4	be	be	AUX
ejge-6999	117	5	sought	seek	VERB
ejge-6999	117	6	in	in	ADP
ejge-6999	117	7	the	the	DET
ejge-6999	117	8	tables	table	NOUN
ejge-6999	117	9	provided	provide	VERB
ejge-6999	117	10	by	by	ADP
ejge-6999	117	11	pesaran	pesaran	NOUN
ejge-6999	117	12	and	and	CCONJ
ejge-6999	117	13	pesaran	pesaran	PROPN
ejge-6999	117	14	(	(	PUNCT
ejge-6999	117	15	2009	2009	NUM
ejge-6999	117	16	,	,	PUNCT
ejge-6999	117	17	p.	p.	NOUN
ejge-6999	117	18	300	300	NUM
ejge-6999	117	19	)	)	PUNCT
ejge-6999	117	20	,	,	PUNCT
ejge-6999	117	21	the	the	DET
ejge-6999	117	22	search	search	NOUN
ejge-6999	117	23	criteria	criterion	NOUN
ejge-6999	117	24	being	be	AUX
ejge-6999	117	25	the	the	DET
ejge-6999	117	26	number	number	NOUN
ejge-6999	117	27	of	of	ADP
ejge-6999	117	28	variables	variable	NOUN
ejge-6999	117	29	of	of	ADP
ejge-6999	117	30	the	the	DET
ejge-6999	117	31	model	model	NOUN
ejge-6999	117	32	to	to	PART
ejge-6999	117	33	be	be	AUX
ejge-6999	117	34	studied	study	VERB
ejge-6999	117	35	(	(	PUNCT
ejge-6999	117	36	in	in	ADP
ejge-6999	117	37	our	our	PRON
ejge-6999	117	38	case	case	NOUN
ejge-6999	117	39	,	,	PUNCT
ejge-6999	117	40	k=8	k=8	PROPN
ejge-6999	117	41	:	:	PUNCT
ejge-6999	117	42	bovespa	bovespa	PROPN
ejge-6999	117	43	or	or	CCONJ
ejge-6999	117	44	ibex	ibex	NOUN
ejge-6999	117	45	,	,	PUNCT
ejge-6999	117	46	epu	epu	PROPN
ejge-6999	117	47	,	,	PUNCT
ejge-6999	117	48	vix	vix	PROPN
ejge-6999	117	49	,	,	PUNCT
ejge-6999	117	50	gpr	gpr	PROPN
ejge-6999	117	51	,	,	PUNCT
ejge-6999	117	52	gdp	gdp	PROPN
ejge-6999	117	53	,	,	PUNCT
ejge-6999	117	54	ir	ir	PROPN
ejge-6999	117	55	,	,	PUNCT
ejge-6999	117	56	er	er	INTJ
ejge-6999	117	57	and	and	CCONJ
ejge-6999	117	58	cpi	cpi	PROPN
ejge-6999	117	59	)	)	PUNCT
ejge-6999	117	60	,	,	PUNCT
ejge-6999	117	61	the	the	DET
ejge-6999	117	62	characteristics	characteristic	NOUN
ejge-6999	117	63	of	of	ADP
ejge-6999	117	64	the	the	DET
ejge-6999	117	65	model	model	NOUN
ejge-6999	117	66	(	(	PUNCT
ejge-6999	117	67	intercept	intercept	NOUN
ejge-6999	117	68	,	,	PUNCT
ejge-6999	117	69	trend	trend	NOUN
ejge-6999	117	70	)	)	PUNCT
ejge-6999	117	71	and	and	CCONJ
ejge-6999	117	72	the	the	DET
ejge-6999	117	73	significance	significance	NOUN
ejge-6999	117	74	level	level	NOUN
ejge-6999	117	75	we	we	PRON
ejge-6999	117	76	want	want	VERB
ejge-6999	117	77	to	to	PART
ejge-6999	117	78	apply	apply	VERB
ejge-6999	117	79	.	.	PUNCT
ejge-6999	118	1	in	in	ADP
ejge-6999	118	2	addition	addition	NOUN
ejge-6999	118	3	to	to	ADP
ejge-6999	118	4	contrasting	contrast	VERB
ejge-6999	118	5	the	the	DET
ejge-6999	118	6	f	f	NOUN
ejge-6999	118	7	-	-	NOUN
ejge-6999	118	8	statistic	statistic	NOUN
ejge-6999	118	9	,	,	PUNCT
ejge-6999	118	10	whose	whose	DET
ejge-6999	118	11	null	null	ADJ
ejge-6999	118	12	hypothesis	hypothesis	NOUN
ejge-6999	118	13	would	would	AUX
ejge-6999	118	14	indicate	indicate	VERB
ejge-6999	118	15	the	the	DET
ejge-6999	118	16	nonexistence	nonexistence	NOUN
ejge-6999	118	17	of	of	ADP
ejge-6999	118	18	joint	joint	ADJ
ejge-6999	118	19	significance	significance	NOUN
ejge-6999	118	20	of	of	ADP
ejge-6999	118	21	the	the	DET
ejge-6999	118	22	first	first	ADJ
ejge-6999	118	23	lag	lag	NOUN
ejge-6999	118	24	of	of	ADP
ejge-6999	118	25	the	the	DET
ejge-6999	118	26	variables	variable	NOUN
ejge-6999	118	27	in	in	ADP
ejge-6999	118	28	levels	level	NOUN
ejge-6999	118	29	used	use	VERB
ejge-6999	118	30	in	in	ADP
ejge-6999	118	31	the	the	DET
ejge-6999	118	32	analysis	analysis	NOUN
ejge-6999	118	33	,	,	PUNCT
ejge-6999	118	34	a	a	DET
ejge-6999	118	35	complementary	complementary	ADJ
ejge-6999	118	36	test	test	NOUN
ejge-6999	118	37	could	could	AUX
ejge-6999	118	38	be	be	AUX
ejge-6999	118	39	made	make	VERB
ejge-6999	118	40	in	in	ADP
ejge-6999	118	41	the	the	DET
ejge-6999	118	42	event	event	NOUN
ejge-6999	118	43	that	that	SCONJ
ejge-6999	118	44	the	the	DET
ejge-6999	118	45	fstatistic	fstatistic	NOUN
ejge-6999	118	46	does	do	AUX
ejge-6999	118	47	not	not	PART
ejge-6999	118	48	give	give	VERB
ejge-6999	118	49	conclusive	conclusive	ADJ
ejge-6999	118	50	results	result	NOUN
ejge-6999	118	51	:	:	PUNCT
ejge-6999	118	52	a	a	DET
ejge-6999	118	53	t	t	NOUN
ejge-6999	118	54	-	-	PUNCT
ejge-6999	118	55	test	test	NOUN
ejge-6999	118	56	,	,	PUNCT
ejge-6999	118	57	which	which	PRON
ejge-6999	118	58	would	would	AUX
ejge-6999	118	59	contrast	contrast	VERB
ejge-6999	118	60	the	the	DET
ejge-6999	118	61	individual	individual	ADJ
ejge-6999	118	62	significance	significance	NOUN
ejge-6999	118	63	of	of	ADP
ejge-6999	118	64	the	the	DET
ejge-6999	118	65	first	first	ADJ
ejge-6999	118	66	lag	lag	NOUN
ejge-6999	118	67	of	of	ADP
ejge-6999	118	68	the	the	DET
ejge-6999	118	69	variables	variable	NOUN
ejge-6999	118	70	.	.	PUNCT
ejge-6999	119	1	since	since	SCONJ
ejge-6999	119	2	we	we	PRON
ejge-6999	119	3	are	be	AUX
ejge-6999	119	4	contrasting	contrast	VERB
ejge-6999	119	5	whether	whether	SCONJ
ejge-6999	119	6	or	or	CCONJ
ejge-6999	119	7	not	not	PART
ejge-6999	119	8	there	there	PRON
ejge-6999	119	9	is	be	VERB
ejge-6999	119	10	a	a	DET
ejge-6999	119	11	long	long	ADJ
ejge-6999	119	12	-	-	PUNCT
ejge-6999	119	13	term	term	NOUN
ejge-6999	119	14	relationship	relationship	NOUN
ejge-6999	119	15	between	between	ADP
ejge-6999	119	16	the	the	DET
ejge-6999	119	17	variables	variable	NOUN
ejge-6999	119	18	,	,	PUNCT
ejge-6999	119	19	it	it	PRON
ejge-6999	119	20	must	must	AUX
ejge-6999	119	21	be	be	AUX
ejge-6999	119	22	taken	take	VERB
ejge-6999	119	23	into	into	ADP
ejge-6999	119	24	account	account	NOUN
ejge-6999	119	25	that	that	SCONJ
ejge-6999	119	26	if	if	SCONJ
ejge-6999	119	27	we	we	PRON
ejge-6999	119	28	reject	reject	VERB
ejge-6999	119	29	the	the	DET
ejge-6999	119	30	null	null	ADJ
ejge-6999	119	31	hypothesis	hypothesis	NOUN
ejge-6999	119	32	,	,	PUNCT
ejge-6999	119	33	it	it	PRON
ejge-6999	119	34	would	would	AUX
ejge-6999	119	35	imply	imply	VERB
ejge-6999	119	36	the	the	DET
ejge-6999	119	37	existence	existence	NOUN
ejge-6999	119	38	of	of	ADP
ejge-6999	119	39	co	co	NOUN
ejge-6999	119	40	-	-	NOUN
ejge-6999	119	41	integration	integration	NOUN
ejge-6999	119	42	.	.	PUNCT
ejge-6999	120	1	mary	mary	PROPN
ejge-6999	120	2	elena	elena	PROPN
ejge-6999	120	3	sánchez	sánchez	PROPN
ejge-6999	120	4	-	-	PUNCT
ejge-6999	120	5	gabarre	gabarre	PROPN
ejge-6999	120	6	/	/	SYM
ejge-6999	120	7	european	european	ADJ
ejge-6999	120	8	journal	journal	PROPN
ejge-6999	120	9	of	of	ADP
ejge-6999	120	10	government	government	NOUN
ejge-6999	120	11	and	and	CCONJ
ejge-6999	120	12	economics	economic	NOUN
ejge-6999	120	13	9(3	9(3	NUM
ejge-6999	120	14	)	)	PUNCT
ejge-6999	120	15	,	,	PUNCT
ejge-6999	120	16	december	december	PROPN
ejge-6999	120	17	2020	2020	NUM
ejge-6999	120	18	,	,	PUNCT
ejge-6999	120	19	265	265	NUM
ejge-6999	120	20	-	-	SYM
ejge-6999	120	21	279	279	NUM
ejge-6999	120	22	272	272	NUM
ejge-6999	120	23	table	table	NOUN
ejge-6999	120	24	3	3	NUM
ejge-6999	120	25	.	.	PUNCT
ejge-6999	121	1	pss	pss	PROPN
ejge-6999	121	2	test	test	NOUN
ejge-6999	121	3	.	.	PUNCT
ejge-6999	122	1	dependent	dependent	ADJ
ejge-6999	122	2	variable	variable	ADJ
ejge-6999	122	3	f	f	NOUN
ejge-6999	122	4	-	-	PUNCT
ejge-6999	122	5	test	test	NOUN
ejge-6999	122	6	t	t	NOUN
ejge-6999	122	7	-	-	PUNCT
ejge-6999	122	8	test	test	NOUN
ejge-6999	122	9	regressors	regressor	NOUN
ejge-6999	122	10	bovespa	bovespa	PROPN
ejge-6999	122	11	17.550	17.550	NUM
ejge-6999	122	12	140.403	140.403	NUM
ejge-6999	122	13	epu	epu	PROPN
ejge-6999	122	14	,	,	PUNCT
ejge-6999	122	15	vix	vix	PROPN
ejge-6999	122	16	,	,	PUNCT
ejge-6999	122	17	gpr	gpr	PROPN
ejge-6999	122	18	,	,	PUNCT
ejge-6999	122	19	gdp	gdp	PROPN
ejge-6999	122	20	,	,	PUNCT
ejge-6999	122	21	ir	ir	PROPN
ejge-6999	122	22	,	,	PUNCT
ejge-6999	122	23	er	er	INTJ
ejge-6999	122	24	,	,	PUNCT
ejge-6999	122	25	cpi	cpi	PROPN
ejge-6999	122	26	significance	significance	NOUN
ejge-6999	122	27	level	level	NOUN
ejge-6999	122	28	i(0	i(0	PROPN
ejge-6999	122	29	)	)	PUNCT
ejge-6999	122	30	i(1	i(1	PROPN
ejge-6999	122	31	)	)	PUNCT
ejge-6999	122	32	i(0	i(0	PROPN
ejge-6999	122	33	)	)	PUNCT
ejge-6999	122	34	i(1	i(1	PROPN
ejge-6999	122	35	)	)	PUNCT
ejge-6999	122	36	5	5	NUM
ejge-6999	122	37	%	%	NOUN
ejge-6999	122	38	2.3907	2.3907	NUM
ejge-6999	122	39	3.6049	3.6049	NUM
ejge-6999	122	40	19.1256	19.1256	NUM
ejge-6999	122	41	28.8395	28.8395	NUM
ejge-6999	122	42	10	10	NUM
ejge-6999	122	43	%	%	NOUN
ejge-6999	122	44	2.0812	2.0812	NUM
ejge-6999	122	45	3.2004	3.2004	NUM
ejge-6999	122	46	16.6500	16.6500	NUM
ejge-6999	122	47	25.6036	25.6036	NUM
ejge-6999	122	48	dependent	dependent	ADJ
ejge-6999	122	49	variable	variable	ADJ
ejge-6999	122	50	f	f	NOUN
ejge-6999	122	51	-	-	PUNCT
ejge-6999	122	52	test	test	NOUN
ejge-6999	122	53	t	t	NOUN
ejge-6999	122	54	-	-	PUNCT
ejge-6999	122	55	test	test	NOUN
ejge-6999	122	56	regressors	regressor	NOUN
ejge-6999	122	57	ibex	ibex	VERB
ejge-6999	122	58	18.732	18.732	NUM
ejge-6999	122	59	149.855	149.855	NUM
ejge-6999	122	60	epu	epu	PROPN
ejge-6999	122	61	,	,	PUNCT
ejge-6999	122	62	vix	vix	PROPN
ejge-6999	122	63	,	,	PUNCT
ejge-6999	122	64	gpr	gpr	PROPN
ejge-6999	122	65	,	,	PUNCT
ejge-6999	122	66	gdp	gdp	PROPN
ejge-6999	122	67	,	,	PUNCT
ejge-6999	122	68	ir	ir	PROPN
ejge-6999	122	69	,	,	PUNCT
ejge-6999	122	70	er	er	INTJ
ejge-6999	122	71	,	,	PUNCT
ejge-6999	122	72	cpi	cpi	PROPN
ejge-6999	122	73	significance	significance	NOUN
ejge-6999	122	74	level	level	NOUN
ejge-6999	122	75	i(0	i(0	PROPN
ejge-6999	122	76	)	)	PUNCT
ejge-6999	122	77	i(1	i(1	PROPN
ejge-6999	122	78	)	)	PUNCT
ejge-6999	122	79	i(0	i(0	PROPN
ejge-6999	122	80	)	)	PUNCT
ejge-6999	122	81	i(1	i(1	PROPN
ejge-6999	122	82	)	)	PUNCT
ejge-6999	122	83	5	5	NUM
ejge-6999	122	84	%	%	NOUN
ejge-6999	122	85	2.3907	2.3907	NUM
ejge-6999	122	86	3.6049	3.6049	NUM
ejge-6999	122	87	19.1256	19.1256	NUM
ejge-6999	122	88	28.8395	28.8395	NUM
ejge-6999	122	89	10	10	NUM
ejge-6999	122	90	%	%	NOUN
ejge-6999	122	91	2.0812	2.0812	NUM
ejge-6999	122	92	3.2004	3.2004	NUM
ejge-6999	122	93	16.6500	16.6500	NUM
ejge-6999	122	94	25.6036	25.6036	NUM
ejge-6999	122	95	the	the	DET
ejge-6999	122	96	result	result	NOUN
ejge-6999	122	97	of	of	ADP
ejge-6999	122	98	the	the	DET
ejge-6999	122	99	bound	bind	VERB
ejge-6999	122	100	test	test	NOUN
ejge-6999	122	101	for	for	ADP
ejge-6999	122	102	our	our	PRON
ejge-6999	122	103	models	model	NOUN
ejge-6999	122	104	can	can	AUX
ejge-6999	122	105	be	be	AUX
ejge-6999	122	106	seen	see	VERB
ejge-6999	122	107	in	in	ADP
ejge-6999	122	108	table	table	NOUN
ejge-6999	122	109	3	3	NUM
ejge-6999	122	110	,	,	PUNCT
ejge-6999	122	111	where	where	SCONJ
ejge-6999	122	112	the	the	DET
ejge-6999	122	113	bovespa	bovespa	NOUN
ejge-6999	122	114	and	and	CCONJ
ejge-6999	122	115	ibex	ibex	NOUN
ejge-6999	122	116	indexes	index	NOUN
ejge-6999	122	117	are	be	AUX
ejge-6999	122	118	the	the	DET
ejge-6999	122	119	dependent	dependent	ADJ
ejge-6999	122	120	variable	variable	NOUN
ejge-6999	122	121	(	(	PUNCT
ejge-6999	122	122	the	the	DET
ejge-6999	122	123	regressors	regressor	NOUN
ejge-6999	122	124	of	of	ADP
ejge-6999	122	125	the	the	DET
ejge-6999	122	126	model	model	NOUN
ejge-6999	122	127	being	be	AUX
ejge-6999	122	128	the	the	DET
ejge-6999	122	129	variables	variable	NOUN
ejge-6999	122	130	epu	epu	PROPN
ejge-6999	122	131	,	,	PUNCT
ejge-6999	122	132	vix	vix	PROPN
ejge-6999	122	133	,	,	PUNCT
ejge-6999	122	134	gpr	gpr	PROPN
ejge-6999	122	135	,	,	PUNCT
ejge-6999	122	136	gdp	gdp	PROPN
ejge-6999	122	137	,	,	PUNCT
ejge-6999	122	138	ir	ir	PROPN
ejge-6999	122	139	,	,	PUNCT
ejge-6999	122	140	er	er	INTJ
ejge-6999	122	141	and	and	CCONJ
ejge-6999	122	142	cpi	cpi	PROPN
ejge-6999	122	143	)	)	PUNCT
ejge-6999	122	144	.	.	PUNCT
ejge-6999	123	1	the	the	DET
ejge-6999	123	2	critical	critical	ADJ
ejge-6999	123	3	values	value	NOUN
ejge-6999	123	4	of	of	ADP
ejge-6999	123	5	the	the	DET
ejge-6999	123	6	intervals	interval	NOUN
ejge-6999	123	7	in	in	ADP
ejge-6999	123	8	the	the	DET
ejge-6999	123	9	contrast	contrast	NOUN
ejge-6999	123	10	of	of	ADP
ejge-6999	123	11	f	f	PROPN
ejge-6999	123	12	and	and	CCONJ
ejge-6999	123	13	t	t	PROPN
ejge-6999	123	14	come	come	VERB
ejge-6999	123	15	from	from	ADP
ejge-6999	123	16	the	the	DET
ejge-6999	123	17	tables	table	NOUN
ejge-6999	123	18	of	of	ADP
ejge-6999	123	19	pesaran	pesaran	NOUN
ejge-6999	123	20	et	et	PROPN
ejge-6999	123	21	al	al	PROPN
ejge-6999	123	22	.	.	PROPN
ejge-6999	124	1	(	(	PUNCT
ejge-6999	124	2	2001	2001	NUM
ejge-6999	124	3	)	)	PUNCT
ejge-6999	124	4	for	for	ADP
ejge-6999	124	5	unrestricted	unrestricted	ADJ
ejge-6999	124	6	constant	constant	ADJ
ejge-6999	124	7	and	and	CCONJ
ejge-6999	124	8	without	without	ADP
ejge-6999	124	9	trend	trend	NOUN
ejge-6999	124	10	(	(	PUNCT
ejge-6999	124	11	k	k	NOUN
ejge-6999	124	12	=	=	SYM
ejge-6999	124	13	8)	8)	NUM
ejge-6999	124	14	.	.	PUNCT
ejge-6999	125	1	in	in	ADP
ejge-6999	125	2	addition	addition	NOUN
ejge-6999	125	3	,	,	PUNCT
ejge-6999	125	4	it	it	PRON
ejge-6999	125	5	should	should	AUX
ejge-6999	125	6	be	be	AUX
ejge-6999	125	7	noted	note	VERB
ejge-6999	125	8	that	that	SCONJ
ejge-6999	125	9	the	the	DET
ejge-6999	125	10	results	result	NOUN
ejge-6999	125	11	reflected	reflect	VERB
ejge-6999	125	12	in	in	ADP
ejge-6999	125	13	table	table	NOUN
ejge-6999	125	14	3	3	NUM
ejge-6999	125	15	point	point	NOUN
ejge-6999	125	16	out	out	ADP
ejge-6999	125	17	that	that	SCONJ
ejge-6999	125	18	there	there	PRON
ejge-6999	125	19	is	be	VERB
ejge-6999	125	20	no	no	DET
ejge-6999	125	21	evidence	evidence	NOUN
ejge-6999	125	22	against	against	ADP
ejge-6999	125	23	co	co	NOUN
ejge-6999	125	24	-	-	NOUN
ejge-6999	125	25	integration	integration	NOUN
ejge-6999	125	26	with	with	ADP
ejge-6999	125	27	a	a	DET
ejge-6999	125	28	significance	significance	NOUN
ejge-6999	125	29	level	level	NOUN
ejge-6999	125	30	of	of	ADP
ejge-6999	125	31	5	5	NUM
ejge-6999	125	32	%	%	NOUN
ejge-6999	125	33	,	,	PUNCT
ejge-6999	125	34	so	so	SCONJ
ejge-6999	125	35	we	we	PRON
ejge-6999	125	36	can	can	AUX
ejge-6999	125	37	proceed	proceed	VERB
ejge-6999	125	38	to	to	ADP
ejge-6999	125	39	the	the	DET
ejge-6999	125	40	analysis	analysis	NOUN
ejge-6999	125	41	of	of	ADP
ejge-6999	125	42	the	the	DET
ejge-6999	125	43	ardl	ardl	NOUN
ejge-6999	125	44	models	model	NOUN
ejge-6999	125	45	(	(	PUNCT
ejge-6999	125	46	castellanos	castellano	NOUN
ejge-6999	125	47	-	-	PUNCT
ejge-6999	125	48	garcía	garcía	ADJ
ejge-6999	125	49	,	,	PUNCT
ejge-6999	125	50	pérez	pérez	NOUN
ejge-6999	125	51	-	-	PUNCT
ejge-6999	125	52	díaz	díaz	NOUN
ejge-6999	125	53	-	-	PUNCT
ejge-6999	125	54	del	del	NOUN
ejge-6999	125	55	-	-	PUNCT
ejge-6999	125	56	río	río	PROPN
ejge-6999	125	57	&	&	CCONJ
ejge-6999	125	58	sánchez	sánchez	PROPN
ejge-6999	125	59	-	-	PUNCT
ejge-6999	125	60	santos	santos	PROPN
ejge-6999	125	61	,	,	PUNCT
ejge-6999	125	62	2014	2014	NUM
ejge-6999	125	63	)	)	PUNCT
ejge-6999	125	64	.	.	PUNCT
ejge-6999	126	1	3.2.4	3.2.4	X
ejge-6999	126	2	.	.	PUNCT
ejge-6999	126	3	model	model	NOUN
ejge-6999	126	4	estimation	estimation	NOUN
ejge-6999	126	5	once	once	ADV
ejge-6999	126	6	having	having	AUX
ejge-6999	126	7	applied	apply	VERB
ejge-6999	126	8	the	the	DET
ejge-6999	126	9	bound	bound	ADJ
ejge-6999	126	10	test	test	NOUN
ejge-6999	126	11	,	,	PUNCT
ejge-6999	126	12	in	in	ADP
ejge-6999	126	13	which	which	PRON
ejge-6999	126	14	we	we	PRON
ejge-6999	126	15	have	have	AUX
ejge-6999	126	16	contrasted	contrast	VERB
ejge-6999	126	17	the	the	DET
ejge-6999	126	18	relationship	relationship	NOUN
ejge-6999	126	19	of	of	ADP
ejge-6999	126	20	our	our	PRON
ejge-6999	126	21	variables	variable	NOUN
ejge-6999	126	22	over	over	ADP
ejge-6999	126	23	time	time	NOUN
ejge-6999	126	24	,	,	PUNCT
ejge-6999	126	25	the	the	DET
ejge-6999	126	26	estimation	estimation	NOUN
ejge-6999	126	27	of	of	ADP
ejge-6999	126	28	the	the	DET
ejge-6999	126	29	unrestricted	unrestricted	ADJ
ejge-6999	126	30	error	error	NOUN
ejge-6999	126	31	correction	correction	NOUN
ejge-6999	126	32	model	model	NOUN
ejge-6999	126	33	will	will	AUX
ejge-6999	126	34	be	be	AUX
ejge-6999	126	35	carried	carry	VERB
ejge-6999	126	36	out	out	ADP
ejge-6999	126	37	.	.	PUNCT
ejge-6999	127	1	in	in	ADP
ejge-6999	127	2	this	this	DET
ejge-6999	127	3	way	way	NOUN
ejge-6999	127	4	,	,	PUNCT
ejge-6999	127	5	the	the	DET
ejge-6999	127	6	ardl	ardl	NOUN
ejge-6999	127	7	model	model	NOUN
ejge-6999	127	8	for	for	ADP
ejge-6999	127	9	the	the	DET
ejge-6999	127	10	case	case	NOUN
ejge-6999	127	11	of	of	ADP
ejge-6999	127	12	brazil	brazil	PROPN
ejge-6999	127	13	,	,	PUNCT
ejge-6999	127	14	could	could	AUX
ejge-6999	127	15	be	be	AUX
ejge-6999	127	16	expressed	express	VERB
ejge-6999	127	17	as	as	SCONJ
ejge-6999	127	18	follows	follow	VERB
ejge-6999	127	19	:	:	PUNCT
ejge-6999	127	20	𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝑡𝑡	𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝑡𝑡	PROPN
ejge-6999	127	21	=	=	SYM
ejge-6999	127	22	𝛼𝛼0	𝛼𝛼0	PROPN
ejge-6999	127	23	+	+	SYM
ejge-6999	127	24	�	�	NOUN
ejge-6999	127	25	𝜔𝜔𝑖𝑖	𝜔𝜔𝑖𝑖	VERB
ejge-6999	127	26	1	1	NUM
ejge-6999	127	27	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	127	28	𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝑡𝑡−𝑖𝑖	𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝐵𝑡𝑡−𝑖𝑖	X
ejge-6999	127	29	+	+	SYM
ejge-6999	127	30	�	�	NOUN
ejge-6999	127	31	𝛿𝛿𝑖𝑖	𝛿𝛿𝑖𝑖	ADJ
ejge-6999	127	32	1	1	NUM
ejge-6999	127	33	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	127	34	𝐵𝐵𝐵𝐵𝐸𝐸𝑡𝑡−𝑖𝑖	𝐵𝐵𝐵𝐵𝐸𝐸𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	127	35	+	+	CCONJ
ejge-6999	127	36	�	�	PROPN
ejge-6999	127	37	𝛽𝛽𝑖𝑖	𝛽𝛽𝑖𝑖	NOUN
ejge-6999	127	38	1	1	NUM
ejge-6999	127	39	𝑖𝑖=0	𝑖𝑖=0	PUNCT
ejge-6999	127	40	𝐵𝐵𝑉𝑉𝑉𝑉𝑡𝑡−𝑖𝑖	𝐵𝐵𝑉𝑉𝑉𝑉𝑡𝑡−𝑖𝑖	SYM
ejge-6999	127	41	+	+	SYM
ejge-6999	127	42	�	�	PROPN
ejge-6999	127	43	𝜂𝜂𝑖𝑖	𝜂𝜂𝑖𝑖	NOUN
ejge-6999	127	44	1	1	NUM
ejge-6999	127	45	𝑖𝑖=0	𝑖𝑖=0	NOUN
ejge-6999	127	46	𝐺𝐺𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	𝐺𝐺𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	SYM
ejge-6999	127	47	+	+	CCONJ
ejge-6999	127	48	�	�	NOUN
ejge-6999	127	49	𝛾𝛾𝑖𝑖	𝛾𝛾𝑖𝑖	VERB
ejge-6999	127	50	1	1	NUM
ejge-6999	127	51	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	127	52	𝐺𝐺𝐺𝐺𝐵𝐵𝑡𝑡−𝑖𝑖	𝐺𝐺𝐺𝐺𝐵𝐵𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	127	53	+	+	CCONJ
ejge-6999	127	54	�	�	NOUN
ejge-6999	127	55	𝜓𝜓𝑖𝑖	𝜓𝜓𝑖𝑖	NOUN
ejge-6999	127	56	1	1	NUM
ejge-6999	127	57	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	127	58	𝑉𝑉𝐺𝐺𝑡𝑡−𝑖𝑖	𝑉𝑉𝐺𝐺𝑡𝑡−𝑖𝑖	X
ejge-6999	127	59	+	+	SYM
ejge-6999	127	60	�	�	NOUN
ejge-6999	127	61	𝜑𝜑𝑖𝑖	𝜑𝜑𝑖𝑖	VERB
ejge-6999	127	62	1	1	NUM
ejge-6999	127	63	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	127	64	𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	127	65	+	+	NOUN
ejge-6999	127	66	�	�	PROPN
ejge-6999	127	67	𝜛𝜛𝑖𝑖	𝜛𝜛𝑖𝑖	NOUN
ejge-6999	127	68	1	1	NUM
ejge-6999	127	69	𝑖𝑖=0	𝑖𝑖=0	NOUN
ejge-6999	127	70	𝐶𝐶𝐵𝐵𝑉𝑉𝑡𝑡−𝑖𝑖	𝐶𝐶𝐵𝐵𝑉𝑉𝑡𝑡−𝑖𝑖	X
ejge-6999	127	71	+	+	CCONJ
ejge-6999	127	72	𝜀𝜀𝑡𝑡	𝜀𝜀𝑡𝑡	ADJ
ejge-6999	127	73	where	where	SCONJ
ejge-6999	127	74	the	the	DET
ejge-6999	127	75	variables	variable	NOUN
ejge-6999	127	76	have	have	AUX
ejge-6999	127	77	already	already	ADV
ejge-6999	127	78	been	be	AUX
ejge-6999	127	79	defined	define	VERB
ejge-6999	127	80	,	,	PUNCT
ejge-6999	127	81	εt	εt	PRON
ejge-6999	127	82	would	would	AUX
ejge-6999	127	83	correspond	correspond	VERB
ejge-6999	127	84	to	to	ADP
ejge-6999	127	85	the	the	DET
ejge-6999	127	86	random	random	ADJ
ejge-6999	127	87	disturbance	disturbance	NOUN
ejge-6999	127	88	,	,	PUNCT
ejge-6999	127	89	α0	α0	ADJ
ejge-6999	127	90	to	to	ADP
ejge-6999	127	91	the	the	DET
ejge-6999	127	92	independent	independent	ADJ
ejge-6999	127	93	term	term	NOUN
ejge-6999	127	94	of	of	ADP
ejge-6999	127	95	the	the	DET
ejge-6999	127	96	equation	equation	NOUN
ejge-6999	127	97	and	and	CCONJ
ejge-6999	127	98	ωi	ωi	NOUN
ejge-6999	127	99	,	,	PUNCT
ejge-6999	127	100	δi	δi	PROPN
ejge-6999	127	101	,	,	PUNCT
ejge-6999	127	102	βi	βi	PRON
ejge-6999	127	103	,	,	PUNCT
ejge-6999	127	104	ηi	ηi	PROPN
ejge-6999	127	105	,	,	PUNCT
ejge-6999	127	106	γi	γi	NOUN
ejge-6999	127	107	,	,	PUNCT
ejge-6999	127	108	ψi	ψi	NOUN
ejge-6999	127	109	,	,	PUNCT
ejge-6999	127	110	φi	φi	ADV
ejge-6999	127	111	and	and	CCONJ
ejge-6999	127	112	ϖi	ϖi	X
ejge-6999	127	113	to	to	ADP
ejge-6999	127	114	the	the	DET
ejge-6999	127	115	regressor	regressor	NOUN
ejge-6999	127	116	coefficients	coefficient	NOUN
ejge-6999	127	117	.	.	PUNCT
ejge-6999	128	1	once	once	SCONJ
ejge-6999	128	2	the	the	DET
ejge-6999	128	3	estimation	estimation	NOUN
ejge-6999	128	4	of	of	ADP
ejge-6999	128	5	the	the	DET
ejge-6999	128	6	band	band	NOUN
ejge-6999	128	7	test	test	NOUN
ejge-6999	128	8	is	be	AUX
ejge-6999	128	9	done	do	VERB
ejge-6999	128	10	,	,	PUNCT
ejge-6999	128	11	we	we	PRON
ejge-6999	128	12	obtain	obtain	VERB
ejge-6999	128	13	the	the	DET
ejge-6999	128	14	estimation	estimation	NOUN
ejge-6999	128	15	of	of	ADP
ejge-6999	128	16	the	the	DET
ejge-6999	128	17	ardl	ardl	NOUN
ejge-6999	128	18	method	method	NOUN
ejge-6999	128	19	,	,	PUNCT
ejge-6999	128	20	being	be	AUX
ejge-6999	128	21	the	the	DET
ejge-6999	128	22	optimal	optimal	ADJ
ejge-6999	128	23	model	model	NOUN
ejge-6999	128	24	for	for	ADP
ejge-6999	128	25	the	the	DET
ejge-6999	128	26	case	case	NOUN
ejge-6999	128	27	of	of	ADP
ejge-6999	128	28	brazil	brazil	PROPN
ejge-6999	128	29	[	[	X
ejge-6999	128	30	ardl(1	ardl(1	NOUN
ejge-6999	128	31	,	,	PUNCT
ejge-6999	128	32	0	0	NUM
ejge-6999	128	33	,	,	PUNCT
ejge-6999	128	34	0	0	NUM
ejge-6999	128	35	,	,	PUNCT
ejge-6999	128	36	1	1	NUM
ejge-6999	128	37	,	,	PUNCT
ejge-6999	128	38	1	1	NUM
ejge-6999	128	39	,	,	PUNCT
ejge-6999	128	40	0	0	NUM
ejge-6999	128	41	,	,	PUNCT
ejge-6999	128	42	0	0	NUM
ejge-6999	128	43	)	)	PUNCT
ejge-6999	128	44	]	]	PUNCT
ejge-6999	128	45	.	.	PUNCT
ejge-6999	129	1	we	we	PRON
ejge-6999	129	2	will	will	AUX
ejge-6999	129	3	replicate	replicate	VERB
ejge-6999	129	4	the	the	DET
ejge-6999	129	5	model	model	NOUN
ejge-6999	129	6	for	for	ADP
ejge-6999	129	7	the	the	DET
ejge-6999	129	8	case	case	NOUN
ejge-6999	129	9	of	of	ADP
ejge-6999	129	10	spain	spain	PROPN
ejge-6999	129	11	,	,	PUNCT
ejge-6999	129	12	which	which	PRON
ejge-6999	129	13	could	could	AUX
ejge-6999	129	14	be	be	AUX
ejge-6999	129	15	expressed	express	VERB
ejge-6999	129	16	as	as	SCONJ
ejge-6999	129	17	follows	follow	VERB
ejge-6999	129	18	:	:	PUNCT
ejge-6999	129	19	𝑉𝑉𝐵𝐵𝐵𝐵𝑉𝑉𝑡𝑡	𝑉𝑉𝐵𝐵𝐵𝐵𝑉𝑉𝑡𝑡	PROPN
ejge-6999	129	20	=	=	SYM
ejge-6999	129	21	𝛼𝛼0	𝛼𝛼0	PROPN
ejge-6999	129	22	+	+	NUM
ejge-6999	129	23	�	�	NOUN
ejge-6999	129	24	𝜔𝜔𝑖𝑖	𝜔𝜔𝑖𝑖	VERB
ejge-6999	129	25	1	1	NUM
ejge-6999	129	26	𝑖𝑖=0	𝑖𝑖=0	NOUN
ejge-6999	129	27	𝑉𝑉𝐵𝐵𝐵𝐵𝑉𝑉𝑡𝑡−𝑖𝑖	𝑉𝑉𝐵𝐵𝐵𝐵𝑉𝑉𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	129	28	+	+	SYM
ejge-6999	129	29	�	�	NOUN
ejge-6999	129	30	𝛿𝛿𝑖𝑖	𝛿𝛿𝑖𝑖	ADJ
ejge-6999	129	31	1	1	NUM
ejge-6999	129	32	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	129	33	𝐵𝐵𝐵𝐵𝐸𝐸𝑡𝑡−𝑖𝑖	𝐵𝐵𝐵𝐵𝐸𝐸𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	129	34	+	+	CCONJ
ejge-6999	129	35	�	�	PROPN
ejge-6999	129	36	𝛽𝛽𝑖𝑖	𝛽𝛽𝑖𝑖	NOUN
ejge-6999	129	37	1	1	NUM
ejge-6999	129	38	𝑖𝑖=0	𝑖𝑖=0	PUNCT
ejge-6999	129	39	𝐵𝐵𝑉𝑉𝑉𝑉𝑡𝑡−𝑖𝑖	𝐵𝐵𝑉𝑉𝑉𝑉𝑡𝑡−𝑖𝑖	SYM
ejge-6999	129	40	+	+	SYM
ejge-6999	129	41	�	�	NOUN
ejge-6999	129	42	η𝑖𝑖	η𝑖𝑖	ADJ
ejge-6999	129	43	1	1	NUM
ejge-6999	129	44	𝑖𝑖=0	𝑖𝑖=0	NOUN
ejge-6999	129	45	𝐺𝐺𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	𝐺𝐺𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	SYM
ejge-6999	129	46	+	+	CCONJ
ejge-6999	129	47	�	�	PROPN
ejge-6999	129	48	γ𝑖𝑖	γ𝑖𝑖	NOUN
ejge-6999	129	49	1	1	NUM
ejge-6999	129	50	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	129	51	𝐺𝐺𝐺𝐺𝐵𝐵𝑡𝑡−𝑖𝑖	𝐺𝐺𝐺𝐺𝐵𝐵𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	129	52	+	+	CCONJ
ejge-6999	129	53	�	�	NOUN
ejge-6999	129	54	ψ𝑖𝑖	ψ𝑖𝑖	VERB
ejge-6999	129	55	1	1	NUM
ejge-6999	129	56	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	129	57	𝑉𝑉𝐺𝐺𝑡𝑡−𝑖𝑖	𝑉𝑉𝐺𝐺𝑡𝑡−𝑖𝑖	X
ejge-6999	129	58	+	+	SYM
ejge-6999	129	59	�	�	PROPN
ejge-6999	129	60	φ𝑖𝑖	φ𝑖𝑖	NOUN
ejge-6999	129	61	1	1	NUM
ejge-6999	129	62	𝑖𝑖=0	𝑖𝑖=0	PROPN
ejge-6999	129	63	𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	𝐵𝐵𝐺𝐺𝑡𝑡−𝑖𝑖	PROPN
ejge-6999	129	64	+	+	NOUN
ejge-6999	129	65	�	�	NOUN
ejge-6999	129	66	ϖ𝑖𝑖	ϖ𝑖𝑖	ADJ
ejge-6999	129	67	1	1	NUM
ejge-6999	129	68	𝑖𝑖=0	𝑖𝑖=0	NOUN
ejge-6999	129	69	𝐶𝐶𝐵𝐵𝑉𝑉𝑡𝑡−𝑖𝑖	𝐶𝐶𝐵𝐵𝑉𝑉𝑡𝑡−𝑖𝑖	NOUN
ejge-6999	129	70	+	+	CCONJ
ejge-6999	129	71	𝜀𝜀𝑡𝑡	𝜀𝜀𝑡𝑡	ADJ
ejge-6999	129	72	mary	mary	PROPN
ejge-6999	129	73	elena	elena	PROPN
ejge-6999	129	74	sánchez	sánchez	PROPN
ejge-6999	129	75	-	-	PUNCT
ejge-6999	129	76	gabarre	gabarre	PROPN
ejge-6999	129	77	/	/	SYM
ejge-6999	129	78	european	european	ADJ
ejge-6999	129	79	journal	journal	PROPN
ejge-6999	129	80	of	of	ADP
ejge-6999	129	81	government	government	NOUN
ejge-6999	129	82	and	and	CCONJ
ejge-6999	129	83	economics	economic	NOUN
ejge-6999	129	84	9(3	9(3	NUM
ejge-6999	129	85	)	)	PUNCT
ejge-6999	129	86	,	,	PUNCT
ejge-6999	129	87	december	december	PROPN
ejge-6999	129	88	2020	2020	NUM
ejge-6999	129	89	,	,	PUNCT
ejge-6999	129	90	265	265	NUM
ejge-6999	129	91	-	-	SYM
ejge-6999	129	92	279	279	NUM
ejge-6999	129	93	273	273	NUM
ejge-6999	129	94	where	where	SCONJ
ejge-6999	129	95	all	all	DET
ejge-6999	129	96	variables	variable	NOUN
ejge-6999	129	97	have	have	AUX
ejge-6999	129	98	been	be	AUX
ejge-6999	129	99	previously	previously	ADV
ejge-6999	129	100	defined	define	VERB
ejge-6999	129	101	:	:	PUNCT
ejge-6999	129	102	εt	εt	PRON
ejge-6999	129	103	would	would	AUX
ejge-6999	129	104	correspond	correspond	VERB
ejge-6999	129	105	to	to	ADP
ejge-6999	129	106	the	the	DET
ejge-6999	129	107	random	random	ADJ
ejge-6999	129	108	disturbance	disturbance	NOUN
ejge-6999	129	109	,	,	PUNCT
ejge-6999	129	110	α0	α0	ADJ
ejge-6999	129	111	to	to	ADP
ejge-6999	129	112	the	the	DET
ejge-6999	129	113	independent	independent	ADJ
ejge-6999	129	114	term	term	NOUN
ejge-6999	129	115	of	of	ADP
ejge-6999	129	116	the	the	DET
ejge-6999	129	117	equation	equation	NOUN
ejge-6999	129	118	and	and	CCONJ
ejge-6999	129	119	ωi	ωi	NOUN
ejge-6999	129	120	,	,	PUNCT
ejge-6999	129	121	δi	δi	PROPN
ejge-6999	129	122	,	,	PUNCT
ejge-6999	129	123	βi	βi	PRON
ejge-6999	129	124	,	,	PUNCT
ejge-6999	129	125	ηi	ηi	PROPN
ejge-6999	129	126	,	,	PUNCT
ejge-6999	129	127	γi	γi	NOUN
ejge-6999	129	128	,	,	PUNCT
ejge-6999	129	129	ψi	ψi	NOUN
ejge-6999	129	130	,	,	PUNCT
ejge-6999	129	131	φi	φi	ADV
ejge-6999	129	132	and	and	CCONJ
ejge-6999	129	133	ϖi	ϖi	X
ejge-6999	129	134	to	to	ADP
ejge-6999	129	135	the	the	DET
ejge-6999	129	136	regressor	regressor	NOUN
ejge-6999	129	137	coefficients	coefficient	NOUN
ejge-6999	129	138	.	.	PUNCT
ejge-6999	130	1	knowing	know	VERB
ejge-6999	130	2	the	the	DET
ejge-6999	130	3	optimal	optimal	ADJ
ejge-6999	130	4	ardl	ardl	NOUN
ejge-6999	130	5	model	model	NOUN
ejge-6999	130	6	,	,	PUNCT
ejge-6999	130	7	it	it	PRON
ejge-6999	130	8	is	be	AUX
ejge-6999	130	9	carried	carry	VERB
ejge-6999	130	10	out	out	ADP
ejge-6999	130	11	a	a	DET
ejge-6999	130	12	diagnostic	diagnostic	NOUN
ejge-6999	130	13	of	of	ADP
ejge-6999	130	14	autocorrelation	autocorrelation	NOUN
ejge-6999	130	15	,	,	PUNCT
ejge-6999	130	16	adequate	adequate	ADJ
ejge-6999	130	17	specification	specification	NOUN
ejge-6999	130	18	,	,	PUNCT
ejge-6999	130	19	normality	normality	NOUN
ejge-6999	130	20	and	and	CCONJ
ejge-6999	130	21	heteroscedasticity	heteroscedasticity	NOUN
ejge-6999	130	22	of	of	ADP
ejge-6999	130	23	the	the	DET
ejge-6999	130	24	residuals	residual	NOUN
ejge-6999	130	25	is	be	AUX
ejge-6999	130	26	carried	carry	VERB
ejge-6999	130	27	out	out	ADP
ejge-6999	130	28	below	below	ADV
ejge-6999	130	29	,	,	PUNCT
ejge-6999	130	30	using	use	VERB
ejge-6999	130	31	the	the	DET
ejge-6999	130	32	akaike	akaike	ADJ
ejge-6999	130	33	criterion	criterion	NOUN
ejge-6999	130	34	(	(	PUNCT
ejge-6999	130	35	aic	aic	PROPN
ejge-6999	130	36	)	)	PUNCT
ejge-6999	130	37	.	.	PUNCT
ejge-6999	131	1	once	once	ADV
ejge-6999	131	2	the	the	DET
ejge-6999	131	3	different	different	ADJ
ejge-6999	131	4	tests	test	NOUN
ejge-6999	131	5	of	of	ADP
ejge-6999	131	6	the	the	DET
ejge-6999	131	7	ardl	ardl	NOUN
ejge-6999	131	8	model	model	NOUN
ejge-6999	131	9	have	have	AUX
ejge-6999	131	10	been	be	AUX
ejge-6999	131	11	calculated	calculate	VERB
ejge-6999	131	12	,	,	PUNCT
ejge-6999	131	13	there	there	PRON
ejge-6999	131	14	are	be	VERB
ejge-6999	131	15	two	two	NUM
ejge-6999	131	16	versions	version	NOUN
ejge-6999	131	17	(	(	PUNCT
ejge-6999	131	18	lm	lm	INTJ
ejge-6999	131	19	and	and	CCONJ
ejge-6999	131	20	f	f	X
ejge-6999	131	21	)	)	PUNCT
ejge-6999	131	22	,	,	PUNCT
ejge-6999	131	23	the	the	DET
ejge-6999	131	24	first	first	ADJ
ejge-6999	131	25	being	be	AUX
ejge-6999	131	26	suitable	suitable	ADJ
ejge-6999	131	27	for	for	ADP
ejge-6999	131	28	large	large	ADJ
ejge-6999	131	29	samples	sample	NOUN
ejge-6999	131	30	,	,	PUNCT
ejge-6999	131	31	as	as	SCONJ
ejge-6999	131	32	is	be	AUX
ejge-6999	131	33	the	the	DET
ejge-6999	131	34	case	case	NOUN
ejge-6999	131	35	of	of	ADP
ejge-6999	131	36	this	this	DET
ejge-6999	131	37	study	study	NOUN
ejge-6999	131	38	.	.	PUNCT
ejge-6999	132	1	the	the	DET
ejge-6999	132	2	results	result	NOUN
ejge-6999	132	3	are	be	AUX
ejge-6999	132	4	shown	show	VERB
ejge-6999	132	5	in	in	ADP
ejge-6999	132	6	table	table	NOUN
ejge-6999	132	7	4	4	NUM
ejge-6999	132	8	below	below	ADV
ejge-6999	132	9	.	.	PUNCT
ejge-6999	133	1	table	table	NOUN
ejge-6999	133	2	4	4	NUM
ejge-6999	133	3	.	.	PUNCT
ejge-6999	134	1	results	result	NOUN
ejge-6999	134	2	of	of	ADP
ejge-6999	134	3	the	the	DET
ejge-6999	134	4	different	different	ADJ
ejge-6999	134	5	tests	test	NOUN
ejge-6999	134	6	of	of	ADP
ejge-6999	134	7	the	the	DET
ejge-6999	134	8	ardl	ardl	NOUN
ejge-6999	134	9	model	model	NOUN
ejge-6999	134	10	.	.	PUNCT
ejge-6999	135	1	statistical	statistical	ADJ
ejge-6999	135	2	tests	test	NOUN
ejge-6999	135	3	lm	lm	INTJ
ejge-6999	135	4	version	version	PROPN
ejge-6999	135	5	f	f	PROPN
ejge-6999	135	6	version	version	PROPN
ejge-6999	135	7	brazil	brazil	PROPN
ejge-6999	135	8	lagrange	lagrange	PROPN
ejge-6999	135	9	test	test	NOUN
ejge-6999	135	10	chsq	chsq	NOUN
ejge-6999	135	11	(	(	PUNCT
ejge-6999	135	12	12	12	NUM
ejge-6999	135	13	)	)	PUNCT
ejge-6999	135	14	=	=	NOUN
ejge-6999	136	1	10.978	10.978	NUM
ejge-6999	136	2	[	[	X
ejge-6999	136	3	.531	.531	NUM
ejge-6999	136	4	]	]	X
ejge-6999	136	5	f(12	f(12	NUM
ejge-6999	136	6	,	,	PUNCT
ejge-6999	136	7	141	141	NUM
ejge-6999	136	8	)	)	PUNCT
ejge-6999	137	1	=	=	SYM
ejge-6999	137	2	.84296	.84296	NOUN
ejge-6999	138	1	[	[	X
ejge-6999	138	2	.606	.606	X
ejge-6999	138	3	]	]	X
ejge-6999	138	4	reset	reset	ADJ
ejge-6999	138	5	test	test	NOUN
ejge-6999	138	6	chsq	chsq	NOUN
ejge-6999	138	7	(	(	PUNCT
ejge-6999	138	8	1	1	NUM
ejge-6999	138	9	)	)	PUNCT
ejge-6999	138	10	=	=	PUNCT
ejge-6999	139	1	3.6438	3.6438	NUM
ejge-6999	139	2	[	[	NOUN
ejge-6999	139	3	.056	.056	NUM
ejge-6999	139	4	]	]	X
ejge-6999	139	5	f(1	f(1	PROPN
ejge-6999	139	6	,	,	PUNCT
ejge-6999	139	7	152	152	NUM
ejge-6999	139	8	)	)	PUNCT
ejge-6999	139	9	=	=	PUNCT
ejge-6999	140	1	3.4539	3.4539	NUM
ejge-6999	141	1	[	[	X
ejge-6999	141	2	.065	.065	NUM
ejge-6999	141	3	]	]	X
ejge-6999	141	4	heteroscedasticity	heteroscedasticity	NOUN
ejge-6999	141	5	test	test	NOUN
ejge-6999	141	6	chsq	chsq	NOUN
ejge-6999	141	7	(	(	PUNCT
ejge-6999	141	8	1	1	NUM
ejge-6999	141	9	)	)	PUNCT
ejge-6999	141	10	=	=	PRON
ejge-6999	141	11	0.4605	0.4605	NUM
ejge-6999	142	1	[	[	X
ejge-6999	142	2	.497	.497	X
ejge-6999	142	3	]	]	X
ejge-6999	142	4	f(1	f(1	PROPN
ejge-6999	142	5	,	,	PUNCT
ejge-6999	142	6	162	162	NUM
ejge-6999	142	7	)	)	PUNCT
ejge-6999	142	8	=	=	PUNCT
ejge-6999	142	9	.45618	.45618	PUNCT
ejge-6999	143	1	[	[	X
ejge-6999	143	2	.500	.500	NUM
ejge-6999	143	3	]	]	X
ejge-6999	143	4	normality	normality	NOUN
ejge-6999	143	5	test	test	NOUN
ejge-6999	143	6	chsq	chsq	NOUN
ejge-6999	143	7	(	(	PUNCT
ejge-6999	143	8	2	2	NUM
ejge-6999	143	9	)	)	PUNCT
ejge-6999	143	10	=	=	NUM
ejge-6999	143	11	1.4133	1.4133	NUM
ejge-6999	144	1	[	[	X
ejge-6999	144	2	.493	.493	NUM
ejge-6999	144	3	]	]	PUNCT
ejge-6999	144	4	not	not	PART
ejge-6999	144	5	applicable	applicable	ADJ
ejge-6999	144	6	spain	spain	PROPN
ejge-6999	144	7	lagrange	lagrange	PROPN
ejge-6999	144	8	test	test	NOUN
ejge-6999	144	9	chsq	chsq	NOUN
ejge-6999	144	10	(	(	PUNCT
ejge-6999	144	11	12	12	NUM
ejge-6999	144	12	)	)	PUNCT
ejge-6999	144	13	=	=	NOUN
ejge-6999	145	1	10.056	10.056	NUM
ejge-6999	146	1	[	[	X
ejge-6999	146	2	.611	.611	NUM
ejge-6999	146	3	]	]	X
ejge-6999	146	4	f(12	f(12	NUM
ejge-6999	146	5	,	,	PUNCT
ejge-6999	146	6	141	141	NUM
ejge-6999	146	7	)	)	PUNCT
ejge-6999	146	8	=	=	PUNCT
ejge-6999	147	1	0.7676	0.7676	NUM
ejge-6999	147	2	[	[	NOUN
ejge-6999	147	3	.683	.683	NUM
ejge-6999	147	4	]	]	X
ejge-6999	147	5	reset	reset	ADJ
ejge-6999	147	6	test	test	NOUN
ejge-6999	147	7	chsq	chsq	NOUN
ejge-6999	147	8	(	(	PUNCT
ejge-6999	147	9	1	1	NUM
ejge-6999	147	10	)	)	PUNCT
ejge-6999	147	11	=	=	NOUN
ejge-6999	148	1	1.0724	1.0724	NUM
ejge-6999	149	1	[	[	X
ejge-6999	149	2	.300	.300	NUM
ejge-6999	149	3	]	]	X
ejge-6999	149	4	f(1	f(1	PROPN
ejge-6999	149	5	,	,	PUNCT
ejge-6999	149	6	152	152	NUM
ejge-6999	149	7	)	)	PUNCT
ejge-6999	149	8	=	=	PUNCT
ejge-6999	150	1	1.0005	1.0005	NUM
ejge-6999	150	2	[	[	X
ejge-6999	150	3	.319	.319	NUM
ejge-6999	150	4	]	]	X
ejge-6999	150	5	heteroscedasticity	heteroscedasticity	NOUN
ejge-6999	150	6	test	test	NOUN
ejge-6999	150	7	chsq	chsq	NOUN
ejge-6999	150	8	(	(	PUNCT
ejge-6999	150	9	1	1	NUM
ejge-6999	150	10	)	)	PUNCT
ejge-6999	150	11	=	=	NOUN
ejge-6999	150	12	0.4724	0.4724	NUM
ejge-6999	151	1	[	[	X
ejge-6999	151	2	.492	.492	NUM
ejge-6999	151	3	]	]	X
ejge-6999	151	4	f(1	f(1	PROPN
ejge-6999	151	5	,	,	PUNCT
ejge-6999	151	6	162	162	NUM
ejge-6999	151	7	)	)	PUNCT
ejge-6999	151	8	=	=	PUNCT
ejge-6999	152	1	0.4680	0.4680	NUM
ejge-6999	152	2	[	[	X
ejge-6999	152	3	.495	.495	NUM
ejge-6999	152	4	]	]	X
ejge-6999	152	5	normality	normality	NOUN
ejge-6999	152	6	test	test	NOUN
ejge-6999	152	7	chsq	chsq	NOUN
ejge-6999	152	8	(	(	PUNCT
ejge-6999	152	9	2	2	NUM
ejge-6999	152	10	)	)	PUNCT
ejge-6999	152	11	=	=	NOUN
ejge-6999	153	1	3.3103	3.3103	NUM
ejge-6999	153	2	[	[	NOUN
ejge-6999	153	3	.191	.191	NUM
ejge-6999	153	4	]	]	PUNCT
ejge-6999	153	5	not	not	PART
ejge-6999	153	6	applicable	applicable	ADJ
ejge-6999	153	7	note	note	NOUN
ejge-6999	153	8	.	.	PUNCT
ejge-6999	154	1	in	in	ADP
ejge-6999	154	2	brackets	bracket	NOUN
ejge-6999	154	3	,	,	PUNCT
ejge-6999	154	4	p	p	NOUN
ejge-6999	154	5	-	-	PUNCT
ejge-6999	154	6	values	value	NOUN
ejge-6999	154	7	.	.	PUNCT
ejge-6999	155	1	in	in	ADP
ejge-6999	155	2	the	the	DET
ejge-6999	155	3	lagrange	lagrange	PROPN
ejge-6999	155	4	test	test	NOUN
ejge-6999	155	5	,	,	PUNCT
ejge-6999	155	6	the	the	DET
ejge-6999	155	7	null	null	ADJ
ejge-6999	155	8	hypothesis	hypothesis	NOUN
ejge-6999	155	9	that	that	SCONJ
ejge-6999	155	10	the	the	DET
ejge-6999	155	11	residuals	residual	NOUN
ejge-6999	155	12	are	be	AUX
ejge-6999	155	13	not	not	PART
ejge-6999	155	14	correlated	correlate	VERB
ejge-6999	155	15	is	be	AUX
ejge-6999	155	16	contrasted	contrast	VERB
ejge-6999	155	17	.	.	PUNCT
ejge-6999	156	1	in	in	ADP
ejge-6999	156	2	this	this	DET
ejge-6999	156	3	case	case	NOUN
ejge-6999	156	4	,	,	PUNCT
ejge-6999	156	5	it	it	PRON
ejge-6999	156	6	is	be	AUX
ejge-6999	156	7	observed	observe	VERB
ejge-6999	156	8	that	that	SCONJ
ejge-6999	156	9	,	,	PUNCT
ejge-6999	156	10	at	at	ADP
ejge-6999	156	11	the	the	DET
ejge-6999	156	12	5	5	NUM
ejge-6999	156	13	%	%	NOUN
ejge-6999	156	14	significance	significance	NOUN
ejge-6999	156	15	level	level	NOUN
ejge-6999	156	16	,	,	PUNCT
ejge-6999	156	17	h0	h0	NOUN
ejge-6999	156	18	is	be	AUX
ejge-6999	156	19	not	not	PART
ejge-6999	156	20	rejected	reject	VERB
ejge-6999	156	21	so	so	SCONJ
ejge-6999	156	22	both	both	DET
ejge-6999	156	23	models	model	NOUN
ejge-6999	156	24	would	would	AUX
ejge-6999	156	25	be	be	AUX
ejge-6999	156	26	valid	valid	ADJ
ejge-6999	156	27	from	from	ADP
ejge-6999	156	28	the	the	DET
ejge-6999	156	29	point	point	NOUN
ejge-6999	156	30	of	of	ADP
ejge-6999	156	31	view	view	NOUN
ejge-6999	156	32	of	of	ADP
ejge-6999	156	33	the	the	DET
ejge-6999	156	34	existence	existence	NOUN
ejge-6999	156	35	of	of	ADP
ejge-6999	156	36	autocorrelation	autocorrelation	NOUN
ejge-6999	156	37	,	,	PUNCT
ejge-6999	156	38	that	that	ADV
ejge-6999	156	39	is	is	ADV
ejge-6999	156	40	,	,	PUNCT
ejge-6999	156	41	there	there	PRON
ejge-6999	156	42	would	would	AUX
ejge-6999	156	43	be	be	AUX
ejge-6999	156	44	no	no	DET
ejge-6999	156	45	autocorrelation	autocorrelation	NOUN
ejge-6999	156	46	.	.	PUNCT
ejge-6999	157	1	ramsey	ramsey	PROPN
ejge-6999	157	2	's	's	PART
ejge-6999	157	3	test	test	NOUN
ejge-6999	157	4	contrasts	contrast	VERB
ejge-6999	157	5	the	the	DET
ejge-6999	157	6	null	null	ADJ
ejge-6999	157	7	hypothesis	hypothesis	NOUN
ejge-6999	157	8	that	that	PRON
ejge-6999	157	9	the	the	DET
ejge-6999	157	10	model	model	NOUN
ejge-6999	157	11	is	be	AUX
ejge-6999	157	12	well	well	ADV
ejge-6999	157	13	specified	specify	VERB
ejge-6999	157	14	.	.	PUNCT
ejge-6999	158	1	here	here	ADV
ejge-6999	158	2	it	it	PRON
ejge-6999	158	3	turns	turn	VERB
ejge-6999	158	4	out	out	ADP
ejge-6999	158	5	that	that	SCONJ
ejge-6999	158	6	,	,	PUNCT
ejge-6999	158	7	at	at	ADP
ejge-6999	158	8	the	the	DET
ejge-6999	158	9	5	5	NUM
ejge-6999	158	10	%	%	NOUN
ejge-6999	158	11	significance	significance	NOUN
ejge-6999	158	12	level	level	NOUN
ejge-6999	158	13	,	,	PUNCT
ejge-6999	158	14	h0	h0	PROPN
ejge-6999	158	15	is	be	AUX
ejge-6999	158	16	not	not	PART
ejge-6999	158	17	rejected	reject	VERB
ejge-6999	158	18	,	,	PUNCT
ejge-6999	158	19	which	which	PRON
ejge-6999	158	20	would	would	AUX
ejge-6999	158	21	indicate	indicate	VERB
ejge-6999	158	22	that	that	SCONJ
ejge-6999	158	23	both	both	DET
ejge-6999	158	24	models	model	NOUN
ejge-6999	158	25	are	be	AUX
ejge-6999	158	26	well	well	ADV
ejge-6999	158	27	specified	specify	VERB
ejge-6999	158	28	.	.	PUNCT
ejge-6999	159	1	the	the	DET
ejge-6999	159	2	heteroscedasticity	heteroscedasticity	NOUN
ejge-6999	159	3	test	test	NOUN
ejge-6999	159	4	contrasts	contrast	VERB
ejge-6999	159	5	the	the	DET
ejge-6999	159	6	null	null	ADJ
ejge-6999	159	7	hypothesis	hypothesis	NOUN
ejge-6999	159	8	of	of	ADP
ejge-6999	159	9	homoscedasticity	homoscedasticity	NOUN
ejge-6999	159	10	;	;	PUNCT
ejge-6999	159	11	in	in	ADP
ejge-6999	159	12	this	this	DET
ejge-6999	159	13	case	case	NOUN
ejge-6999	159	14	,	,	PUNCT
ejge-6999	159	15	h0	h0	PROPN
ejge-6999	159	16	is	be	AUX
ejge-6999	159	17	not	not	PART
ejge-6999	159	18	rejected	reject	VERB
ejge-6999	159	19	,	,	PUNCT
ejge-6999	159	20	so	so	SCONJ
ejge-6999	159	21	both	both	DET
ejge-6999	159	22	models	model	NOUN
ejge-6999	159	23	are	be	AUX
ejge-6999	159	24	homoscedastic	homoscedastic	ADJ
ejge-6999	159	25	at	at	ADP
ejge-6999	159	26	the	the	DET
ejge-6999	159	27	5	5	NUM
ejge-6999	159	28	%	%	NOUN
ejge-6999	159	29	significance	significance	NOUN
ejge-6999	159	30	level	level	NOUN
ejge-6999	159	31	.	.	PUNCT
ejge-6999	160	1	going	go	VERB
ejge-6999	160	2	on	on	ADP
ejge-6999	160	3	to	to	PART
ejge-6999	160	4	develop	develop	VERB
ejge-6999	160	5	the	the	DET
ejge-6999	160	6	study	study	NOUN
ejge-6999	160	7	of	of	ADP
ejge-6999	160	8	co	co	NOUN
ejge-6999	160	9	-	-	NOUN
ejge-6999	160	10	integration	integration	NOUN
ejge-6999	160	11	itself	itself	PRON
ejge-6999	160	12	,	,	PUNCT
ejge-6999	160	13	below	below	SCONJ
ejge-6999	160	14	we	we	PRON
ejge-6999	160	15	estimate	estimate	VERB
ejge-6999	160	16	,	,	PUNCT
ejge-6999	160	17	on	on	ADP
ejge-6999	160	18	the	the	DET
ejge-6999	160	19	one	one	NUM
ejge-6999	160	20	hand	hand	NOUN
ejge-6999	160	21	,	,	PUNCT
ejge-6999	160	22	by	by	ADP
ejge-6999	160	23	ordinary	ordinary	ADJ
ejge-6999	160	24	least	least	ADJ
ejge-6999	160	25	squares	square	NOUN
ejge-6999	160	26	(	(	PUNCT
ejge-6999	160	27	ols	ol	NOUN
ejge-6999	160	28	)	)	PUNCT
ejge-6999	160	29	,	,	PUNCT
ejge-6999	160	30	the	the	DET
ejge-6999	160	31	long	long	ADJ
ejge-6999	160	32	-	-	PUNCT
ejge-6999	160	33	term	term	NOUN
ejge-6999	160	34	model	model	NOUN
ejge-6999	160	35	in	in	ADP
ejge-6999	160	36	which	which	PRON
ejge-6999	160	37	the	the	DET
ejge-6999	160	38	variables	variable	NOUN
ejge-6999	160	39	are	be	AUX
ejge-6999	160	40	included	include	VERB
ejge-6999	160	41	in	in	ADP
ejge-6999	160	42	levels	level	NOUN
ejge-6999	160	43	.	.	PUNCT
ejge-6999	161	1	as	as	SCONJ
ejge-6999	161	2	its	its	PRON
ejge-6999	161	3	own	own	ADJ
ejge-6999	161	4	name	name	NOUN
ejge-6999	161	5	points	point	VERB
ejge-6999	161	6	out	out	ADP
ejge-6999	161	7	,	,	PUNCT
ejge-6999	161	8	this	this	DET
ejge-6999	161	9	model	model	NOUN
ejge-6999	161	10	indicates	indicate	VERB
ejge-6999	161	11	us	we	PRON
ejge-6999	161	12	the	the	DET
ejge-6999	161	13	equilibrium	equilibrium	NOUN
ejge-6999	161	14	relationship	relationship	NOUN
ejge-6999	161	15	in	in	ADP
ejge-6999	161	16	the	the	DET
ejge-6999	161	17	long	long	ADJ
ejge-6999	161	18	term	term	NOUN
ejge-6999	161	19	between	between	ADP
ejge-6999	161	20	the	the	DET
ejge-6999	161	21	variables	variable	NOUN
ejge-6999	161	22	.	.	PUNCT
ejge-6999	162	1	on	on	ADP
ejge-6999	162	2	the	the	DET
ejge-6999	162	3	other	other	ADJ
ejge-6999	162	4	hand	hand	NOUN
ejge-6999	162	5	,	,	PUNCT
ejge-6999	162	6	we	we	PRON
ejge-6999	162	7	estimate	estimate	VERB
ejge-6999	162	8	,	,	PUNCT
ejge-6999	162	9	also	also	ADV
ejge-6999	162	10	by	by	ADP
ejge-6999	162	11	ols	ol	NOUN
ejge-6999	162	12	,	,	PUNCT
ejge-6999	162	13	an	an	DET
ejge-6999	162	14	error	error	NOUN
ejge-6999	162	15	correction	correction	NOUN
ejge-6999	162	16	model	model	NOUN
ejge-6999	162	17	(	(	PUNCT
ejge-6999	162	18	ecm	ecm	PROPN
ejge-6999	162	19	)	)	PUNCT
ejge-6999	162	20	,	,	PUNCT
ejge-6999	162	21	now	now	ADV
ejge-6999	162	22	using	use	VERB
ejge-6999	162	23	the	the	DET
ejge-6999	162	24	first	first	ADJ
ejge-6999	162	25	differences	difference	NOUN
ejge-6999	162	26	of	of	ADP
ejge-6999	162	27	the	the	DET
ejge-6999	162	28	variables	variable	NOUN
ejge-6999	162	29	;	;	PUNCT
ejge-6999	162	30	this	this	DET
ejge-6999	162	31	model	model	NOUN
ejge-6999	162	32	represents	represent	VERB
ejge-6999	162	33	the	the	DET
ejge-6999	162	34	dynamics	dynamic	NOUN
ejge-6999	162	35	of	of	ADP
ejge-6999	162	36	the	the	DET
ejge-6999	162	37	short	short	ADJ
ejge-6999	162	38	-	-	PUNCT
ejge-6999	162	39	term	term	NOUN
ejge-6999	162	40	relationships	relationship	NOUN
ejge-6999	162	41	between	between	ADP
ejge-6999	162	42	the	the	DET
ejge-6999	162	43	variables	variable	NOUN
ejge-6999	162	44	studied	study	VERB
ejge-6999	162	45	.	.	PUNCT
ejge-6999	163	1	•	•	NUM
ejge-6999	163	2	long	long	ADJ
ejge-6999	163	3	-	-	PUNCT
ejge-6999	163	4	term	term	NOUN
ejge-6999	163	5	model	model	NOUN
ejge-6999	163	6	the	the	DET
ejge-6999	163	7	main	main	ADJ
ejge-6999	163	8	issue	issue	NOUN
ejge-6999	163	9	studied	study	VERB
ejge-6999	163	10	in	in	ADP
ejge-6999	163	11	this	this	DET
ejge-6999	163	12	paper	paper	NOUN
ejge-6999	163	13	is	be	AUX
ejge-6999	163	14	the	the	DET
ejge-6999	163	15	co	co	NOUN
ejge-6999	163	16	-	-	NOUN
ejge-6999	163	17	integration	integration	NOUN
ejge-6999	163	18	(	(	PUNCT
ejge-6999	163	19	that	that	PRON
ejge-6999	163	20	is	is	ADV
ejge-6999	163	21	,	,	PUNCT
ejge-6999	163	22	the	the	DET
ejge-6999	163	23	long	long	ADJ
ejge-6999	163	24	-	-	PUNCT
ejge-6999	163	25	term	term	NOUN
ejge-6999	163	26	relationship	relationship	NOUN
ejge-6999	163	27	)	)	PUNCT
ejge-6999	163	28	between	between	ADP
ejge-6999	163	29	the	the	DET
ejge-6999	163	30	uncertainty	uncertainty	NOUN
ejge-6999	163	31	variables	variable	NOUN
ejge-6999	163	32	and	and	CCONJ
ejge-6999	163	33	the	the	DET
ejge-6999	163	34	returns	return	NOUN
ejge-6999	163	35	of	of	ADP
ejge-6999	163	36	the	the	DET
ejge-6999	163	37	quotations	quotation	NOUN
ejge-6999	163	38	of	of	ADP
ejge-6999	163	39	both	both	CCONJ
ejge-6999	163	40	stock	stock	NOUN
ejge-6999	163	41	market	market	NOUN
ejge-6999	163	42	indexes	index	NOUN
ejge-6999	163	43	.	.	PUNCT
ejge-6999	164	1	the	the	DET
ejge-6999	164	2	long	long	ADJ
ejge-6999	164	3	-	-	PUNCT
ejge-6999	164	4	term	term	NOUN
ejge-6999	164	5	model	model	NOUN
ejge-6999	164	6	coefficients	coefficient	NOUN
ejge-6999	164	7	obtained	obtain	VERB
ejge-6999	164	8	for	for	ADP
ejge-6999	164	9	each	each	PRON
ejge-6999	164	10	of	of	ADP
ejge-6999	164	11	the	the	DET
ejge-6999	164	12	estimates	estimate	NOUN
ejge-6999	164	13	are	be	AUX
ejge-6999	164	14	shown	show	VERB
ejge-6999	164	15	in	in	ADP
ejge-6999	164	16	table	table	NOUN
ejge-6999	164	17	5	5	NUM
ejge-6999	164	18	.	.	PUNCT
ejge-6999	165	1	mary	mary	PROPN
ejge-6999	165	2	elena	elena	PROPN
ejge-6999	165	3	sánchez	sánchez	PROPN
ejge-6999	165	4	-	-	PUNCT
ejge-6999	165	5	gabarre	gabarre	PROPN
ejge-6999	165	6	/	/	SYM
ejge-6999	165	7	european	european	ADJ
ejge-6999	165	8	journal	journal	PROPN
ejge-6999	165	9	of	of	ADP
ejge-6999	165	10	government	government	NOUN
ejge-6999	165	11	and	and	CCONJ
ejge-6999	165	12	economics	economic	NOUN
ejge-6999	165	13	9(3	9(3	NUM
ejge-6999	165	14	)	)	PUNCT
ejge-6999	165	15	,	,	PUNCT
ejge-6999	165	16	december	december	PROPN
ejge-6999	165	17	2020	2020	NUM
ejge-6999	165	18	,	,	PUNCT
ejge-6999	165	19	265	265	NUM
ejge-6999	165	20	-	-	SYM
ejge-6999	165	21	279	279	NUM
ejge-6999	165	22	274	274	NUM
ejge-6999	165	23	table	table	NOUN
ejge-6999	165	24	5	5	NUM
ejge-6999	165	25	.	.	PUNCT
ejge-6999	166	1	long	long	ADJ
ejge-6999	166	2	-	-	PUNCT
ejge-6999	166	3	term	term	NOUN
ejge-6999	166	4	ardl	ardl	NOUN
ejge-6999	166	5	model	model	NOUN
ejge-6999	166	6	coefficients	coefficient	NOUN
ejge-6999	166	7	.	.	PUNCT
ejge-6999	167	1	regressor	regressor	NOUN
ejge-6999	167	2	coefficient	coefficient	PROPN
ejge-6999	167	3	t	t	PROPN
ejge-6999	167	4	-	-	PUNCT
ejge-6999	167	5	statistic	statistic	NOUN
ejge-6999	167	6	p	p	NOUN
ejge-6999	167	7	-	-	PUNCT
ejge-6999	167	8	value	value	NOUN
ejge-6999	167	9	brazil	brazil	NOUN
ejge-6999	167	10	c	c	NOUN
ejge-6999	168	1	2.2630	2.2630	NUM
ejge-6999	168	2	2.4744	2.4744	NUM
ejge-6999	168	3	0.014	0.014	NUM
ejge-6999	168	4	epu	epu	PROPN
ejge-6999	168	5	-0.0101	-0.0101	NOUN
ejge-6999	168	6	-0.4103	-0.4103	PROPN
ejge-6999	168	7	0.682	0.682	NUM
ejge-6999	168	8	vix	vix	PROPN
ejge-6999	168	9	-0.0782	-0.0782	PUNCT
ejge-6999	168	10	-4.0090	-4.0090	PROPN
ejge-6999	168	11	0.000	0.000	NUM
ejge-6999	168	12	gpr	gpr	PROPN
ejge-6999	168	13	-0.0059	-0.0059	NOUN
ejge-6999	168	14	-0.2689	-0.2689	NOUN
ejge-6999	169	1	0.788	0.788	NUM
ejge-6999	169	2	gdp	gdp	PROPN
ejge-6999	169	3	-0.3375	-0.3375	NOUN
ejge-6999	169	4	-0.8521	-0.8521	NOUN
ejge-6999	169	5	0.396	0.396	NUM
ejge-6999	169	6	ir	ir	PROPN
ejge-6999	169	7	-0.0947	-0.0947	PROPN
ejge-6999	169	8	-0.9916	-0.9916	PROPN
ejge-6999	170	1	0.323	0.323	NUM
ejge-6999	170	2	er	er	INTJ
ejge-6999	170	3	1.5795	1.5795	NUM
ejge-6999	170	4	11.6093	11.6093	NUM
ejge-6999	170	5	0.000	0.000	NUM
ejge-6999	170	6	cpi	cpi	PROPN
ejge-6999	170	7	-2.5474	-2.5474	NOUN
ejge-6999	170	8	-1.7327	-1.7327	PROPN
ejge-6999	170	9	0.085	0.085	NUM
ejge-6999	170	10	spain	spain	PROPN
ejge-6999	170	11	c	c	PROPN
ejge-6999	170	12	0.4929	0.4929	NUM
ejge-6999	170	13	1.1792	1.1792	NUM
ejge-6999	170	14	0.240	0.240	NUM
ejge-6999	170	15	epu	epu	PROPN
ejge-6999	170	16	-0.0851	-0.0851	NOUN
ejge-6999	170	17	-3.6358	-3.6358	VERB
ejge-6999	170	18	0.000	0.000	NUM
ejge-6999	170	19	vix	vix	PROPN
ejge-6999	170	20	-0.1312	-0.1312	NOUN
ejge-6999	170	21	-6.1142	-6.1142	PROPN
ejge-6999	171	1	0.000	0.000	NUM
ejge-6999	171	2	gpr	gpr	PROPN
ejge-6999	171	3	0.0328	0.0328	NUM
ejge-6999	171	4	1.6703	1.6703	NUM
ejge-6999	171	5	0.097	0.097	NUM
ejge-6999	171	6	gdp	gdp	NOUN
ejge-6999	171	7	-0.0906	-0.0906	NOUN
ejge-6999	171	8	-0.3615	-0.3615	PROPN
ejge-6999	171	9	0.718	0.718	NUM
ejge-6999	171	10	ir	ir	PROPN
ejge-6999	171	11	0.0004	0.0004	NUM
ejge-6999	171	12	0.1594	0.1594	NUM
ejge-6999	171	13	0.874	0.874	NUM
ejge-6999	171	14	er	er	INTJ
ejge-6999	171	15	0.3983	0.3983	NUM
ejge-6999	171	16	0.6880	0.6880	NUM
ejge-6999	171	17	0.492	0.492	NUM
ejge-6999	171	18	cpi	cpi	PROPN
ejge-6999	171	19	-1.5811	-1.5811	NOUN
ejge-6999	171	20	-1.2630	-1.2630	NOUN
ejge-6999	172	1	0.209	0.209	NUM
ejge-6999	172	2	table	table	NOUN
ejge-6999	172	3	5	5	NUM
ejge-6999	172	4	shows	show	VERB
ejge-6999	172	5	that	that	SCONJ
ejge-6999	172	6	the	the	DET
ejge-6999	172	7	global	global	ADJ
ejge-6999	172	8	uncertainty	uncertainty	NOUN
ejge-6999	172	9	generated	generate	VERB
ejge-6999	172	10	in	in	ADP
ejge-6999	172	11	the	the	DET
ejge-6999	172	12	stock	stock	NOUN
ejge-6999	172	13	markets	market	NOUN
ejge-6999	172	14	(	(	PUNCT
ejge-6999	172	15	vix	vix	NOUN
ejge-6999	172	16	)	)	PUNCT
ejge-6999	172	17	has	have	VERB
ejge-6999	172	18	a	a	DET
ejge-6999	172	19	negative	negative	ADJ
ejge-6999	172	20	influence	influence	NOUN
ejge-6999	172	21	on	on	ADP
ejge-6999	172	22	both	both	DET
ejge-6999	172	23	economies	economy	NOUN
ejge-6999	172	24	,	,	PUNCT
ejge-6999	172	25	but	but	CCONJ
ejge-6999	172	26	this	this	DET
ejge-6999	172	27	influence	influence	NOUN
ejge-6999	172	28	would	would	AUX
ejge-6999	172	29	have	have	VERB
ejge-6999	172	30	a	a	DET
ejge-6999	172	31	greater	great	ADJ
ejge-6999	172	32	weight	weight	NOUN
ejge-6999	172	33	in	in	ADP
ejge-6999	172	34	the	the	DET
ejge-6999	172	35	second	second	ADJ
ejge-6999	172	36	country	country	NOUN
ejge-6999	172	37	.	.	PUNCT
ejge-6999	173	1	specifically	specifically	ADV
ejge-6999	173	2	,	,	PUNCT
ejge-6999	173	3	in	in	ADP
ejge-6999	173	4	the	the	DET
ejge-6999	173	5	face	face	NOUN
ejge-6999	173	6	of	of	ADP
ejge-6999	173	7	a	a	DET
ejge-6999	173	8	unitary	unitary	ADJ
ejge-6999	173	9	increase	increase	NOUN
ejge-6999	173	10	in	in	ADP
ejge-6999	173	11	such	such	ADJ
ejge-6999	173	12	uncertainty	uncertainty	NOUN
ejge-6999	173	13	,	,	PUNCT
ejge-6999	173	14	in	in	ADP
ejge-6999	173	15	the	the	DET
ejge-6999	173	16	long	long	ADJ
ejge-6999	173	17	term	term	NOUN
ejge-6999	173	18	,	,	PUNCT
ejge-6999	173	19	such	such	ADJ
ejge-6999	173	20	yields	yield	NOUN
ejge-6999	173	21	would	would	AUX
ejge-6999	173	22	decrease	decrease	VERB
ejge-6999	173	23	by	by	ADP
ejge-6999	173	24	0.0782	0.0782	NUM
ejge-6999	173	25	units	unit	NOUN
ejge-6999	173	26	in	in	ADP
ejge-6999	173	27	the	the	DET
ejge-6999	173	28	case	case	NOUN
ejge-6999	173	29	of	of	ADP
ejge-6999	173	30	brazil	brazil	PROPN
ejge-6999	173	31	,	,	PUNCT
ejge-6999	173	32	as	as	SCONJ
ejge-6999	173	33	opposed	oppose	VERB
ejge-6999	173	34	to	to	ADP
ejge-6999	173	35	the	the	DET
ejge-6999	173	36	0.1312	0.1312	NUM
ejge-6999	173	37	decrease	decrease	NOUN
ejge-6999	173	38	in	in	ADP
ejge-6999	173	39	the	the	DET
ejge-6999	173	40	yields	yield	NOUN
ejge-6999	173	41	of	of	ADP
ejge-6999	173	42	the	the	DET
ejge-6999	173	43	spanish	spanish	ADJ
ejge-6999	173	44	index	index	NOUN
ejge-6999	173	45	.	.	PUNCT
ejge-6999	174	1	uncertainty	uncertainty	NOUN
ejge-6999	174	2	in	in	ADP
ejge-6999	174	3	economic	economic	ADJ
ejge-6999	174	4	policy	policy	NOUN
ejge-6999	174	5	would	would	AUX
ejge-6999	174	6	have	have	VERB
ejge-6999	174	7	a	a	DET
ejge-6999	174	8	long	long	ADJ
ejge-6999	174	9	-	-	PUNCT
ejge-6999	174	10	term	term	NOUN
ejge-6999	174	11	negative	negative	ADJ
ejge-6999	174	12	influence	influence	NOUN
ejge-6999	174	13	on	on	ADP
ejge-6999	174	14	ibex	ibex	ADJ
ejge-6999	174	15	35	35	NUM
ejge-6999	174	16	returns	return	NOUN
ejge-6999	174	17	,	,	PUNCT
ejge-6999	174	18	whereas	whereas	SCONJ
ejge-6999	174	19	in	in	ADP
ejge-6999	174	20	the	the	DET
ejge-6999	174	21	case	case	NOUN
ejge-6999	174	22	of	of	ADP
ejge-6999	174	23	bovespa	bovespa	NOUN
ejge-6999	174	24	it	it	PRON
ejge-6999	174	25	would	would	AUX
ejge-6999	174	26	not	not	PART
ejge-6999	174	27	be	be	AUX
ejge-6999	174	28	significant	significant	ADJ
ejge-6999	174	29	.	.	PUNCT
ejge-6999	175	1	in	in	ADP
ejge-6999	175	2	the	the	DET
ejge-6999	175	3	case	case	NOUN
ejge-6999	175	4	of	of	ADP
ejge-6999	175	5	spain	spain	PROPN
ejge-6999	175	6	,	,	PUNCT
ejge-6999	175	7	specifically	specifically	ADV
ejge-6999	175	8	,	,	PUNCT
ejge-6999	175	9	if	if	SCONJ
ejge-6999	175	10	there	there	PRON
ejge-6999	175	11	were	be	VERB
ejge-6999	175	12	a	a	DET
ejge-6999	175	13	unitary	unitary	ADJ
ejge-6999	175	14	increase	increase	NOUN
ejge-6999	175	15	in	in	ADP
ejge-6999	175	16	this	this	DET
ejge-6999	175	17	economic	economic	ADJ
ejge-6999	175	18	policy	policy	NOUN
ejge-6999	175	19	uncertainty	uncertainty	NOUN
ejge-6999	175	20	,	,	PUNCT
ejge-6999	175	21	in	in	ADP
ejge-6999	175	22	the	the	DET
ejge-6999	175	23	long	long	ADJ
ejge-6999	175	24	term	term	NOUN
ejge-6999	175	25	,	,	PUNCT
ejge-6999	175	26	these	these	DET
ejge-6999	175	27	yields	yield	NOUN
ejge-6999	175	28	would	would	AUX
ejge-6999	175	29	decrease	decrease	VERB
ejge-6999	175	30	by	by	ADP
ejge-6999	175	31	0.0851	0.0851	NUM
ejge-6999	175	32	units	unit	NOUN
ejge-6999	175	33	.	.	PUNCT
ejge-6999	176	1	it	it	PRON
ejge-6999	176	2	should	should	AUX
ejge-6999	176	3	be	be	AUX
ejge-6999	176	4	noted	note	VERB
ejge-6999	176	5	that	that	SCONJ
ejge-6999	176	6	volatility	volatility	NOUN
ejge-6999	176	7	in	in	ADP
ejge-6999	176	8	the	the	DET
ejge-6999	176	9	stock	stock	NOUN
ejge-6999	176	10	markets	market	NOUN
ejge-6999	176	11	would	would	AUX
ejge-6999	176	12	have	have	VERB
ejge-6999	176	13	a	a	DET
ejge-6999	176	14	greater	great	ADJ
ejge-6999	176	15	long	long	ADJ
ejge-6999	176	16	-	-	PUNCT
ejge-6999	176	17	term	term	NOUN
ejge-6999	176	18	effect	effect	NOUN
ejge-6999	176	19	on	on	ADP
ejge-6999	176	20	the	the	DET
ejge-6999	176	21	national	national	ADJ
ejge-6999	176	22	index	index	NOUN
ejge-6999	176	23	than	than	ADP
ejge-6999	176	24	the	the	DET
ejge-6999	176	25	uncertainty	uncertainty	NOUN
ejge-6999	176	26	derived	derive	VERB
ejge-6999	176	27	from	from	ADP
ejge-6999	176	28	economic	economic	ADJ
ejge-6999	176	29	policy	policy	NOUN
ejge-6999	176	30	.	.	PUNCT
ejge-6999	177	1	in	in	ADP
ejge-6999	177	2	contrast	contrast	NOUN
ejge-6999	177	3	,	,	PUNCT
ejge-6999	177	4	the	the	DET
ejge-6999	177	5	third	third	ADJ
ejge-6999	177	6	indicator	indicator	NOUN
ejge-6999	177	7	of	of	ADP
ejge-6999	177	8	uncertainty	uncertainty	NOUN
ejge-6999	177	9	,	,	PUNCT
ejge-6999	177	10	the	the	DET
ejge-6999	177	11	gpr	gpr	PROPN
ejge-6999	177	12	,	,	PUNCT
ejge-6999	177	13	is	be	AUX
ejge-6999	177	14	not	not	PART
ejge-6999	177	15	at	at	ADV
ejge-6999	177	16	all	all	ADV
ejge-6999	177	17	significant	significant	ADJ
ejge-6999	177	18	in	in	ADP
ejge-6999	177	19	either	either	DET
ejge-6999	177	20	case	case	NOUN
ejge-6999	177	21	.	.	PUNCT
ejge-6999	178	1	with	with	ADP
ejge-6999	178	2	respect	respect	NOUN
ejge-6999	178	3	to	to	ADP
ejge-6999	178	4	the	the	DET
ejge-6999	178	5	control	control	NOUN
ejge-6999	178	6	variables	variable	NOUN
ejge-6999	178	7	,	,	PUNCT
ejge-6999	178	8	at	at	ADP
ejge-6999	178	9	5	5	NUM
ejge-6999	178	10	%	%	NOUN
ejge-6999	178	11	only	only	ADV
ejge-6999	178	12	the	the	DET
ejge-6999	178	13	er	er	INTJ
ejge-6999	178	14	is	be	AUX
ejge-6999	178	15	significant	significant	ADJ
ejge-6999	178	16	in	in	ADP
ejge-6999	178	17	the	the	DET
ejge-6999	178	18	case	case	NOUN
ejge-6999	178	19	of	of	ADP
ejge-6999	178	20	brazil	brazil	PROPN
ejge-6999	178	21	,	,	PUNCT
ejge-6999	178	22	with	with	ADP
ejge-6999	178	23	a	a	DET
ejge-6999	178	24	positive	positive	ADJ
ejge-6999	178	25	sign	sign	NOUN
ejge-6999	178	26	.	.	PUNCT
ejge-6999	179	1	specifically	specifically	ADV
ejge-6999	179	2	,	,	PUNCT
ejge-6999	179	3	in	in	ADP
ejge-6999	179	4	the	the	DET
ejge-6999	179	5	face	face	NOUN
ejge-6999	179	6	of	of	ADP
ejge-6999	179	7	a	a	DET
ejge-6999	179	8	unit	unit	NOUN
ejge-6999	179	9	increase	increase	NOUN
ejge-6999	179	10	in	in	ADP
ejge-6999	179	11	the	the	DET
ejge-6999	179	12	brazilian	brazilian	ADJ
ejge-6999	179	13	real	real	ADJ
ejge-6999	179	14	effective	effective	ADJ
ejge-6999	179	15	exchange	exchange	NOUN
ejge-6999	179	16	rate	rate	NOUN
ejge-6999	179	17	,	,	PUNCT
ejge-6999	179	18	such	such	ADJ
ejge-6999	179	19	yields	yield	NOUN
ejge-6999	179	20	would	would	AUX
ejge-6999	179	21	increase	increase	VERB
ejge-6999	179	22	by	by	ADP
ejge-6999	179	23	1.5795	1.5795	NUM
ejge-6999	179	24	units	unit	NOUN
ejge-6999	179	25	in	in	ADP
ejge-6999	179	26	the	the	DET
ejge-6999	179	27	case	case	NOUN
ejge-6999	179	28	of	of	ADP
ejge-6999	179	29	brazil	brazil	PROPN
ejge-6999	179	30	.	.	PUNCT
ejge-6999	180	1	this	this	DET
ejge-6999	180	2	currency	currency	NOUN
ejge-6999	180	3	appreciation	appreciation	NOUN
ejge-6999	180	4	makes	make	VERB
ejge-6999	180	5	investors	investor	NOUN
ejge-6999	180	6	in	in	ADP
ejge-6999	180	7	international	international	ADJ
ejge-6999	180	8	stock	stock	NOUN
ejge-6999	180	9	markets	market	NOUN
ejge-6999	180	10	very	very	ADV
ejge-6999	180	11	aware	aware	ADJ
ejge-6999	180	12	of	of	ADP
ejge-6999	180	13	the	the	DET
ejge-6999	180	14	currency	currency	NOUN
ejge-6999	180	15	in	in	ADP
ejge-6999	180	16	which	which	PRON
ejge-6999	180	17	they	they	PRON
ejge-6999	180	18	will	will	AUX
ejge-6999	180	19	be	be	AUX
ejge-6999	180	20	investing	invest	VERB
ejge-6999	180	21	and	and	CCONJ
ejge-6999	180	22	how	how	SCONJ
ejge-6999	180	23	it	it	PRON
ejge-6999	180	24	is	be	AUX
ejge-6999	180	25	expected	expect	VERB
ejge-6999	180	26	to	to	PART
ejge-6999	180	27	behave	behave	VERB
ejge-6999	180	28	over	over	ADP
ejge-6999	180	29	the	the	DET
ejge-6999	180	30	investment	investment	NOUN
ejge-6999	180	31	horizon	horizon	NOUN
ejge-6999	180	32	.	.	PUNCT
ejge-6999	181	1	•	•	NUM
ejge-6999	181	2	short	short	ADJ
ejge-6999	181	3	-	-	PUNCT
ejge-6999	181	4	term	term	NOUN
ejge-6999	181	5	model	model	NOUN
ejge-6999	181	6	finally	finally	ADV
ejge-6999	181	7	,	,	PUNCT
ejge-6999	181	8	the	the	DET
ejge-6999	181	9	results	result	NOUN
ejge-6999	181	10	of	of	ADP
ejge-6999	181	11	the	the	DET
ejge-6999	181	12	error	error	NOUN
ejge-6999	181	13	correction	correction	NOUN
ejge-6999	181	14	model	model	NOUN
ejge-6999	181	15	(	(	PUNCT
ejge-6999	181	16	ecm	ecm	NOUN
ejge-6999	181	17	)	)	PUNCT
ejge-6999	181	18	are	be	AUX
ejge-6999	181	19	shown	show	VERB
ejge-6999	181	20	to	to	PART
ejge-6999	181	21	determine	determine	VERB
ejge-6999	181	22	the	the	DET
ejge-6999	181	23	short	short	ADJ
ejge-6999	181	24	-	-	PUNCT
ejge-6999	181	25	term	term	NOUN
ejge-6999	181	26	relationship	relationship	NOUN
ejge-6999	181	27	of	of	ADP
ejge-6999	181	28	the	the	DET
ejge-6999	181	29	variables	variable	NOUN
ejge-6999	181	30	included	include	VERB
ejge-6999	181	31	in	in	ADP
ejge-6999	181	32	the	the	DET
ejge-6999	181	33	analysis	analysis	NOUN
ejge-6999	181	34	.	.	PUNCT
ejge-6999	182	1	this	this	DET
ejge-6999	182	2	ecm	ecm	PROPN
ejge-6999	182	3	allows	allow	VERB
ejge-6999	182	4	to	to	PART
ejge-6999	182	5	analyse	analyse	VERB
ejge-6999	182	6	the	the	DET
ejge-6999	182	7	impact	impact	NOUN
ejge-6999	182	8	of	of	ADP
ejge-6999	182	9	a	a	DET
ejge-6999	182	10	shock	shock	NOUN
ejge-6999	182	11	on	on	ADP
ejge-6999	182	12	the	the	DET
ejge-6999	182	13	model	model	NOUN
ejge-6999	182	14	variables	variable	NOUN
ejge-6999	182	15	as	as	ADV
ejge-6999	182	16	well	well	ADV
ejge-6999	182	17	as	as	ADP
ejge-6999	182	18	the	the	DET
ejge-6999	182	19	adjustment	adjustment	NOUN
ejge-6999	182	20	time	time	NOUN
ejge-6999	182	21	needed	need	VERB
ejge-6999	182	22	to	to	PART
ejge-6999	182	23	return	return	VERB
ejge-6999	182	24	to	to	ADP
ejge-6999	182	25	the	the	DET
ejge-6999	182	26	initial	initial	ADJ
ejge-6999	182	27	equilibrium	equilibrium	NOUN
ejge-6999	182	28	situation	situation	NOUN
ejge-6999	182	29	.	.	PUNCT
ejge-6999	183	1	first	first	ADV
ejge-6999	183	2	,	,	PUNCT
ejge-6999	183	3	it	it	PRON
ejge-6999	183	4	should	should	AUX
ejge-6999	183	5	be	be	AUX
ejge-6999	183	6	verified	verify	VERB
ejge-6999	183	7	that	that	SCONJ
ejge-6999	183	8	in	in	ADP
ejge-6999	183	9	the	the	DET
ejge-6999	183	10	estimation	estimation	NOUN
ejge-6999	183	11	results	result	NOUN
ejge-6999	183	12	of	of	ADP
ejge-6999	183	13	this	this	DET
ejge-6999	183	14	model	model	NOUN
ejge-6999	183	15	the	the	DET
ejge-6999	183	16	error	error	NOUN
ejge-6999	183	17	correction	correction	NOUN
ejge-6999	183	18	coefficient	coefficient	NOUN
ejge-6999	183	19	(	(	PUNCT
ejge-6999	183	20	which	which	PRON
ejge-6999	183	21	shows	show	VERB
ejge-6999	183	22	the	the	DET
ejge-6999	183	23	speed	speed	NOUN
ejge-6999	183	24	of	of	ADP
ejge-6999	183	25	adjustment	adjustment	NOUN
ejge-6999	183	26	toward	toward	ADP
ejge-6999	183	27	equilibrium	equilibrium	NOUN
ejge-6999	183	28	after	after	ADP
ejge-6999	183	29	the	the	DET
ejge-6999	183	30	short	short	ADJ
ejge-6999	183	31	-	-	PUNCT
ejge-6999	183	32	term	term	NOUN
ejge-6999	183	33	impact	impact	NOUN
ejge-6999	183	34	)	)	PUNCT
ejge-6999	183	35	is	be	AUX
ejge-6999	183	36	statistically	statistically	ADV
ejge-6999	183	37	significant	significant	ADJ
ejge-6999	183	38	and	and	CCONJ
ejge-6999	183	39	is	be	AUX
ejge-6999	183	40	negative	negative	ADJ
ejge-6999	183	41	.	.	PUNCT
ejge-6999	184	1	as	as	SCONJ
ejge-6999	184	2	we	we	PRON
ejge-6999	184	3	can	can	AUX
ejge-6999	184	4	see	see	VERB
ejge-6999	184	5	in	in	ADP
ejge-6999	184	6	table	table	NOUN
ejge-6999	184	7	6	6	NUM
ejge-6999	184	8	,	,	PUNCT
ejge-6999	184	9	both	both	DET
ejge-6999	184	10	requirements	requirement	NOUN
ejge-6999	184	11	are	be	AUX
ejge-6999	184	12	met	meet	VERB
ejge-6999	184	13	,	,	PUNCT
ejge-6999	184	14	and	and	CCONJ
ejge-6999	184	15	the	the	DET
ejge-6999	184	16	speed	speed	NOUN
ejge-6999	184	17	of	of	ADP
ejge-6999	184	18	adjustment	adjustment	NOUN
ejge-6999	184	19	is	be	AUX
ejge-6999	184	20	very	very	ADV
ejge-6999	184	21	fast	fast	ADV
ejge-6999	184	22	in	in	ADP
ejge-6999	184	23	the	the	DET
ejge-6999	184	24	both	both	DET
ejge-6999	184	25	cases	case	NOUN
ejge-6999	184	26	.	.	PUNCT
ejge-6999	185	1	mary	mary	PROPN
ejge-6999	185	2	elena	elena	PROPN
ejge-6999	185	3	sánchez	sánchez	PROPN
ejge-6999	185	4	-	-	PUNCT
ejge-6999	185	5	gabarre	gabarre	PROPN
ejge-6999	185	6	/	/	SYM
ejge-6999	185	7	european	european	ADJ
ejge-6999	185	8	journal	journal	PROPN
ejge-6999	185	9	of	of	ADP
ejge-6999	185	10	government	government	NOUN
ejge-6999	185	11	and	and	CCONJ
ejge-6999	185	12	economics	economic	NOUN
ejge-6999	185	13	9(3	9(3	NUM
ejge-6999	185	14	)	)	PUNCT
ejge-6999	185	15	,	,	PUNCT
ejge-6999	185	16	december	december	PROPN
ejge-6999	185	17	2020	2020	NUM
ejge-6999	185	18	,	,	PUNCT
ejge-6999	185	19	265	265	NUM
ejge-6999	185	20	-	-	SYM
ejge-6999	185	21	279	279	NUM
ejge-6999	185	22	275	275	NUM
ejge-6999	185	23	table	table	NOUN
ejge-6999	185	24	6	6	NUM
ejge-6999	185	25	.	.	PUNCT
ejge-6999	185	26	short	short	ADJ
ejge-6999	185	27	-	-	PUNCT
ejge-6999	185	28	term	term	NOUN
ejge-6999	185	29	ardl	ardl	NOUN
ejge-6999	185	30	model	model	NOUN
ejge-6999	185	31	coefficients	coefficient	NOUN
ejge-6999	185	32	(	(	PUNCT
ejge-6999	185	33	ecm	ecm	PROPN
ejge-6999	185	34	)	)	PUNCT
ejge-6999	185	35	.	.	PUNCT
ejge-6999	186	1	regressor	regressor	NOUN
ejge-6999	186	2	coefficient	coefficient	PROPN
ejge-6999	186	3	t	t	PROPN
ejge-6999	186	4	-	-	PUNCT
ejge-6999	186	5	statistic	statistic	NOUN
ejge-6999	186	6	probability	probability	NOUN
ejge-6999	186	7	brazil	brazil	PROPN
ejge-6999	186	8	depu	depu	NOUN
ejge-6999	186	9	-0.0121	-0.0121	PUNCT
ejge-6999	187	1	0,0247	0,0247	NOUN
ejge-6999	187	2	0.682	0.682	NUM
ejge-6999	187	3	dvix	dvix	PROPN
ejge-6999	187	4	-0.0934	-0.0934	NOUN
ejge-6999	187	5	0,0205	0,0205	NOUN
ejge-6999	187	6	0.000	0.000	NUM
ejge-6999	187	7	dgpr	dgpr	NOUN
ejge-6999	187	8	0.0244	0.0244	NUM
ejge-6999	187	9	0,0132	0,0132	PROPN
ejge-6999	187	10	0.137	0.137	NUM
ejge-6999	187	11	dgdp	dgdp	NOUN
ejge-6999	187	12	0.7045	0.7045	NUM
ejge-6999	187	13	0,4903	0,4903	NOUN
ejge-6999	187	14	0.161	0.161	NUM
ejge-6999	187	15	dir	dir	NOUN
ejge-6999	187	16	-0.1131	-0.1131	NOUN
ejge-6999	188	1	0.1134	0.1134	NUM
ejge-6999	188	2	0.319	0.319	NUM
ejge-6999	188	3	der	der	NOUN
ejge-6999	188	4	1.8870	1.8870	NUM
ejge-6999	188	5	0.1804	0.1804	NUM
ejge-6999	188	6	0.000	0.000	NUM
ejge-6999	188	7	dcpi	dcpi	ADJ
ejge-6999	188	8	-3.0434	-3.0434	NOUN
ejge-6999	188	9	1,7528	1,7528	NUM
ejge-6999	188	10	0.087	0.087	NUM
ejge-6999	188	11	ecm(-1	ecm(-1	ADJ
ejge-6999	188	12	)	)	PUNCT
ejge-6999	188	13	-1.1947	-1.1947	NOUN
ejge-6999	188	14	-19.278	-19.278	NUM
ejge-6999	188	15	0.000	0.000	NUM
ejge-6999	188	16	spain	spain	PROPN
ejge-6999	188	17	depu	depu	VERB
ejge-6999	188	18	-0.0809	-0.0809	PROPN
ejge-6999	188	19	-3.5634	-3.5634	PROPN
ejge-6999	189	1	0.000	0.000	NUM
ejge-6999	189	2	dvix	dvix	PROPN
ejge-6999	189	3	-0.1248	-0.1248	NOUN
ejge-6999	189	4	-7.3291	-7.3291	PROPN
ejge-6999	189	5	0.000	0.000	NUM
ejge-6999	189	6	dgpr	dgpr	NOUN
ejge-6999	189	7	0.0165	0.0165	NUM
ejge-6999	189	8	1.3705	1.3705	NUM
ejge-6999	189	9	0.172	0.172	NUM
ejge-6999	189	10	dgdp	dgdp	VERB
ejge-6999	189	11	0.2819	0.2819	NUM
ejge-6999	189	12	0.8464	0.8464	NUM
ejge-6999	189	13	0.399	0.399	NUM
ejge-6999	189	14	dir	dir	NOUN
ejge-6999	189	15	0.0004	0.0004	NUM
ejge-6999	189	16	0.1595	0.1595	NUM
ejge-6999	189	17	0.874	0.874	NUM
ejge-6999	189	18	der	der	NOUN
ejge-6999	189	19	0.3787	0.3787	NUM
ejge-6999	189	20	0.6869	0.6869	NUM
ejge-6999	189	21	0.493	0.493	NUM
ejge-6999	189	22	dcpi	dcpi	ADJ
ejge-6999	189	23	-1.5033	-1.5033	NOUN
ejge-6999	189	24	-1.2853	-1.2853	NOUN
ejge-6999	189	25	0.201	0.201	NUM
ejge-6999	189	26	ecm(-1	ecm(-1	PROPN
ejge-6999	189	27	)	)	PUNCT
ejge-6999	189	28	-0.9508	-0.9508	NOUN
ejge-6999	189	29	-13.945	-13.945	ADV
ejge-6999	189	30	0.000	0.000	NUM
ejge-6999	189	31	observing	observe	VERB
ejge-6999	189	32	the	the	DET
ejge-6999	189	33	results	result	NOUN
ejge-6999	189	34	for	for	ADP
ejge-6999	189	35	the	the	DET
ejge-6999	189	36	uncertainty	uncertainty	NOUN
ejge-6999	189	37	variables	variable	VERB
ejge-6999	189	38	,	,	PUNCT
ejge-6999	189	39	we	we	PRON
ejge-6999	189	40	can	can	AUX
ejge-6999	189	41	indicate	indicate	VERB
ejge-6999	189	42	that	that	SCONJ
ejge-6999	189	43	,	,	PUNCT
ejge-6999	189	44	as	as	ADP
ejge-6999	189	45	in	in	ADP
ejge-6999	189	46	the	the	DET
ejge-6999	189	47	previous	previous	ADJ
ejge-6999	189	48	analysis	analysis	NOUN
ejge-6999	189	49	,	,	PUNCT
ejge-6999	189	50	the	the	DET
ejge-6999	189	51	vix	vix	PROPN
ejge-6999	189	52	has	have	VERB
ejge-6999	189	53	a	a	DET
ejge-6999	189	54	significantly	significantly	ADV
ejge-6999	189	55	negative	negative	ADJ
ejge-6999	189	56	relationship	relationship	NOUN
ejge-6999	189	57	with	with	ADP
ejge-6999	189	58	the	the	DET
ejge-6999	189	59	returns	return	NOUN
ejge-6999	189	60	of	of	ADP
ejge-6999	189	61	bovespa	bovespa	NOUN
ejge-6999	189	62	and	and	CCONJ
ejge-6999	189	63	ibex	ibex	NOUN
ejge-6999	189	64	quotations	quotation	NOUN
ejge-6999	189	65	,	,	PUNCT
ejge-6999	189	66	being	be	AUX
ejge-6999	189	67	higher	high	ADJ
ejge-6999	189	68	in	in	ADP
ejge-6999	189	69	the	the	DET
ejge-6999	189	70	latter	latter	ADJ
ejge-6999	189	71	.	.	PUNCT
ejge-6999	190	1	the	the	DET
ejge-6999	190	2	epu	epu	PROPN
ejge-6999	190	3	is	be	AUX
ejge-6999	190	4	significant	significant	ADJ
ejge-6999	190	5	for	for	ADP
ejge-6999	190	6	the	the	DET
ejge-6999	190	7	spanish	spanish	ADJ
ejge-6999	190	8	case	case	NOUN
ejge-6999	190	9	and	and	CCONJ
ejge-6999	190	10	has	have	VERB
ejge-6999	190	11	a	a	DET
ejge-6999	190	12	negative	negative	ADJ
ejge-6999	190	13	sign	sign	NOUN
ejge-6999	190	14	.	.	PUNCT
ejge-6999	191	1	thirdly	thirdly	ADV
ejge-6999	191	2	,	,	PUNCT
ejge-6999	191	3	the	the	DET
ejge-6999	191	4	geopolitical	geopolitical	ADJ
ejge-6999	191	5	risk	risk	NOUN
ejge-6999	191	6	would	would	AUX
ejge-6999	191	7	not	not	PART
ejge-6999	191	8	be	be	AUX
ejge-6999	191	9	significant	significant	ADJ
ejge-6999	191	10	,	,	PUNCT
ejge-6999	191	11	so	so	SCONJ
ejge-6999	191	12	we	we	PRON
ejge-6999	191	13	could	could	AUX
ejge-6999	191	14	not	not	PART
ejge-6999	191	15	indicate	indicate	VERB
ejge-6999	191	16	a	a	DET
ejge-6999	191	17	clear	clear	ADJ
ejge-6999	191	18	inverse	inverse	NOUN
ejge-6999	191	19	relationship	relationship	NOUN
ejge-6999	191	20	between	between	ADP
ejge-6999	191	21	this	this	DET
ejge-6999	191	22	uncertainty	uncertainty	NOUN
ejge-6999	191	23	and	and	CCONJ
ejge-6999	191	24	stock	stock	NOUN
ejge-6999	191	25	market	market	NOUN
ejge-6999	191	26	prices	price	NOUN
ejge-6999	191	27	.	.	PUNCT
ejge-6999	192	1	the	the	DET
ejge-6999	192	2	variables	variable	NOUN
ejge-6999	192	3	of	of	ADP
ejge-6999	192	4	uncertainty	uncertainty	NOUN
ejge-6999	192	5	considered	consider	VERB
ejge-6999	192	6	are	be	AUX
ejge-6999	192	7	therefore	therefore	ADV
ejge-6999	192	8	inversely	inversely	ADV
ejge-6999	192	9	related	relate	VERB
ejge-6999	192	10	in	in	ADP
ejge-6999	192	11	the	the	DET
ejge-6999	192	12	short	short	ADJ
ejge-6999	192	13	term	term	NOUN
ejge-6999	192	14	to	to	ADP
ejge-6999	192	15	stock	stock	NOUN
ejge-6999	192	16	market	market	NOUN
ejge-6999	192	17	returns	return	NOUN
ejge-6999	192	18	,	,	PUNCT
ejge-6999	192	19	i.e.	i.e.	X
ejge-6999	192	20	,	,	PUNCT
ejge-6999	192	21	increases	increase	NOUN
ejge-6999	192	22	in	in	ADP
ejge-6999	192	23	uncertainty	uncertainty	NOUN
ejge-6999	192	24	from	from	ADP
ejge-6999	192	25	an	an	DET
ejge-6999	192	26	economic	economic	ADJ
ejge-6999	192	27	policy	policy	NOUN
ejge-6999	192	28	and	and	CCONJ
ejge-6999	192	29	financial	financial	ADJ
ejge-6999	192	30	market	market	NOUN
ejge-6999	192	31	point	point	NOUN
ejge-6999	192	32	of	of	ADP
ejge-6999	192	33	view	view	NOUN
ejge-6999	192	34	are	be	AUX
ejge-6999	192	35	associated	associate	VERB
ejge-6999	192	36	with	with	ADP
ejge-6999	192	37	decreases	decrease	NOUN
ejge-6999	192	38	in	in	ADP
ejge-6999	192	39	the	the	DET
ejge-6999	192	40	quotations	quotation	NOUN
ejge-6999	192	41	of	of	ADP
ejge-6999	192	42	the	the	DET
ejge-6999	192	43	brazilian	brazilian	ADJ
ejge-6999	192	44	and	and	CCONJ
ejge-6999	192	45	spanish	spanish	ADJ
ejge-6999	192	46	reference	reference	NOUN
ejge-6999	192	47	indices	index	NOUN
ejge-6999	192	48	,	,	PUNCT
ejge-6999	192	49	bovespa	bovespa	NOUN
ejge-6999	192	50	and	and	CCONJ
ejge-6999	192	51	ibex	ibex	PROPN
ejge-6999	192	52	35	35	NUM
ejge-6999	192	53	.	.	PUNCT
ejge-6999	193	1	4	4	NUM
ejge-6999	193	2	.	.	X
ejge-6999	193	3	conclusions	conclusion	NOUN
ejge-6999	193	4	in	in	ADP
ejge-6999	193	5	this	this	DET
ejge-6999	193	6	paper	paper	NOUN
ejge-6999	193	7	,	,	PUNCT
ejge-6999	193	8	we	we	PRON
ejge-6999	193	9	explore	explore	VERB
ejge-6999	193	10	the	the	DET
ejge-6999	193	11	relevance	relevance	NOUN
ejge-6999	193	12	of	of	ADP
ejge-6999	193	13	economic	economic	ADJ
ejge-6999	193	14	policy	policy	NOUN
ejge-6999	193	15	,	,	PUNCT
ejge-6999	193	16	geopolitical	geopolitical	ADJ
ejge-6999	193	17	decisions	decision	NOUN
ejge-6999	193	18	and	and	CCONJ
ejge-6999	193	19	stock	stock	NOUN
ejge-6999	193	20	markets	market	NOUN
ejge-6999	193	21	volatility	volatility	NOUN
ejge-6999	193	22	in	in	ADP
ejge-6999	193	23	the	the	DET
ejge-6999	193	24	stock	stock	NOUN
ejge-6999	193	25	markets	market	NOUN
ejge-6999	193	26	returns	return	NOUN
ejge-6999	193	27	,	,	PUNCT
ejge-6999	193	28	comparing	compare	VERB
ejge-6999	193	29	the	the	DET
ejge-6999	193	30	results	result	NOUN
ejge-6999	193	31	obtained	obtain	VERB
ejge-6999	193	32	for	for	ADP
ejge-6999	193	33	a	a	DET
ejge-6999	193	34	developed	developed	ADJ
ejge-6999	193	35	and	and	CCONJ
ejge-6999	193	36	developing	develop	VERB
ejge-6999	193	37	country	country	NOUN
ejge-6999	193	38	.	.	PUNCT
ejge-6999	194	1	the	the	DET
ejge-6999	194	2	main	main	ADJ
ejge-6999	194	3	conclusions	conclusion	NOUN
ejge-6999	194	4	of	of	ADP
ejge-6999	194	5	this	this	DET
ejge-6999	194	6	paper	paper	NOUN
ejge-6999	194	7	can	can	AUX
ejge-6999	194	8	be	be	AUX
ejge-6999	194	9	summarized	summarize	VERB
ejge-6999	194	10	as	as	SCONJ
ejge-6999	194	11	follows	follow	VERB
ejge-6999	194	12	.	.	PUNCT
ejge-6999	195	1	in	in	ADP
ejge-6999	195	2	the	the	DET
ejge-6999	195	3	long	long	ADJ
ejge-6999	195	4	term	term	NOUN
ejge-6999	195	5	,	,	PUNCT
ejge-6999	195	6	we	we	PRON
ejge-6999	195	7	conclude	conclude	VERB
ejge-6999	195	8	that	that	SCONJ
ejge-6999	195	9	uncertainty	uncertainty	NOUN
ejge-6999	195	10	would	would	AUX
ejge-6999	195	11	cause	cause	VERB
ejge-6999	195	12	decreases	decrease	NOUN
ejge-6999	195	13	in	in	ADP
ejge-6999	195	14	the	the	DET
ejge-6999	195	15	quotations	quotation	NOUN
ejge-6999	195	16	of	of	ADP
ejge-6999	195	17	bovespa	bovespa	PROPN
ejge-6999	195	18	(	(	PUNCT
ejge-6999	195	19	brazilian	brazilian	ADJ
ejge-6999	195	20	index	index	NOUN
ejge-6999	195	21	)	)	PUNCT
ejge-6999	195	22	and	and	CCONJ
ejge-6999	195	23	ibex	ibex	PROPN
ejge-6999	195	24	35	35	NUM
ejge-6999	195	25	(	(	PUNCT
ejge-6999	195	26	spanish	spanish	ADJ
ejge-6999	195	27	index	index	NOUN
ejge-6999	195	28	)	)	PUNCT
ejge-6999	195	29	.	.	PUNCT
ejge-6999	196	1	more	more	ADV
ejge-6999	196	2	specifically	specifically	ADV
ejge-6999	196	3	,	,	PUNCT
ejge-6999	196	4	uncertainty	uncertainty	NOUN
ejge-6999	196	5	in	in	ADP
ejge-6999	196	6	economic	economic	ADJ
ejge-6999	196	7	policy	policy	NOUN
ejge-6999	196	8	would	would	AUX
ejge-6999	196	9	negatively	negatively	ADV
ejge-6999	196	10	influence	influence	VERB
ejge-6999	196	11	stock	stock	NOUN
ejge-6999	196	12	returns	return	NOUN
ejge-6999	196	13	in	in	ADP
ejge-6999	196	14	the	the	DET
ejge-6999	196	15	long	long	ADJ
ejge-6999	196	16	term	term	NOUN
ejge-6999	196	17	only	only	ADV
ejge-6999	196	18	for	for	ADP
ejge-6999	196	19	the	the	DET
ejge-6999	196	20	case	case	NOUN
ejge-6999	196	21	of	of	ADP
ejge-6999	196	22	the	the	DET
ejge-6999	196	23	spanish	spanish	ADJ
ejge-6999	196	24	index	index	NOUN
ejge-6999	196	25	.	.	PUNCT
ejge-6999	197	1	moreover	moreover	ADV
ejge-6999	197	2	,	,	PUNCT
ejge-6999	197	3	the	the	DET
ejge-6999	197	4	uncertainty	uncertainty	NOUN
ejge-6999	197	5	stemming	stem	VERB
ejge-6999	197	6	from	from	ADP
ejge-6999	197	7	the	the	DET
ejge-6999	197	8	volatility	volatility	NOUN
ejge-6999	197	9	of	of	ADP
ejge-6999	197	10	the	the	DET
ejge-6999	197	11	stock	stock	NOUN
ejge-6999	197	12	markets	market	NOUN
ejge-6999	197	13	exerts	exert	VERB
ejge-6999	197	14	a	a	DET
ejge-6999	197	15	negative	negative	ADJ
ejge-6999	197	16	influence	influence	NOUN
ejge-6999	197	17	on	on	ADP
ejge-6999	197	18	both	both	DET
ejge-6999	197	19	stock	stock	NOUN
ejge-6999	197	20	market	market	NOUN
ejge-6999	197	21	indexes	index	NOUN
ejge-6999	197	22	.	.	PUNCT
ejge-6999	198	1	therefore	therefore	ADV
ejge-6999	198	2	,	,	PUNCT
ejge-6999	198	3	in	in	ADP
ejge-6999	198	4	the	the	DET
ejge-6999	198	5	long	long	ADJ
ejge-6999	198	6	term	term	NOUN
ejge-6999	198	7	,	,	PUNCT
ejge-6999	198	8	when	when	SCONJ
ejge-6999	198	9	faced	face	VERB
ejge-6999	198	10	with	with	ADP
ejge-6999	198	11	an	an	DET
ejge-6999	198	12	increase	increase	NOUN
ejge-6999	198	13	in	in	ADP
ejge-6999	198	14	the	the	DET
ejge-6999	198	15	vix	vix	NOUN
ejge-6999	198	16	,	,	PUNCT
ejge-6999	198	17	the	the	DET
ejge-6999	198	18	returns	return	NOUN
ejge-6999	198	19	on	on	ADP
ejge-6999	198	20	the	the	DET
ejge-6999	198	21	bovespa	bovespa	NOUN
ejge-6999	198	22	and	and	CCONJ
ejge-6999	198	23	ibex	ibex	ADJ
ejge-6999	198	24	35	35	NUM
ejge-6999	198	25	share	share	NOUN
ejge-6999	198	26	prices	price	NOUN
ejge-6999	198	27	decrease	decrease	NOUN
ejge-6999	198	28	.	.	PUNCT
ejge-6999	199	1	furthermore	furthermore	ADV
ejge-6999	199	2	,	,	PUNCT
ejge-6999	199	3	it	it	PRON
ejge-6999	199	4	should	should	AUX
ejge-6999	199	5	be	be	AUX
ejge-6999	199	6	noted	note	VERB
ejge-6999	199	7	that	that	SCONJ
ejge-6999	199	8	volatility	volatility	NOUN
ejge-6999	199	9	in	in	ADP
ejge-6999	199	10	the	the	DET
ejge-6999	199	11	stock	stock	NOUN
ejge-6999	199	12	markets	market	NOUN
ejge-6999	199	13	would	would	AUX
ejge-6999	199	14	have	have	VERB
ejge-6999	199	15	a	a	DET
ejge-6999	199	16	greater	great	ADJ
ejge-6999	199	17	long	long	ADJ
ejge-6999	199	18	-	-	PUNCT
ejge-6999	199	19	term	term	NOUN
ejge-6999	199	20	effect	effect	NOUN
ejge-6999	199	21	on	on	ADP
ejge-6999	199	22	the	the	DET
ejge-6999	199	23	spanish	spanish	ADJ
ejge-6999	199	24	national	national	ADJ
ejge-6999	199	25	index	index	NOUN
ejge-6999	199	26	than	than	ADP
ejge-6999	199	27	on	on	ADP
ejge-6999	199	28	the	the	DET
ejge-6999	199	29	brazilian	brazilian	ADJ
ejge-6999	199	30	index	index	NOUN
ejge-6999	199	31	.	.	PUNCT
ejge-6999	200	1	our	our	PRON
ejge-6999	200	2	findings	finding	NOUN
ejge-6999	200	3	also	also	ADV
ejge-6999	200	4	show	show	VERB
ejge-6999	200	5	that	that	SCONJ
ejge-6999	200	6	for	for	ADP
ejge-6999	200	7	the	the	DET
ejge-6999	200	8	spanish	spanish	ADJ
ejge-6999	200	9	case	case	NOUN
ejge-6999	200	10	,	,	PUNCT
ejge-6999	200	11	the	the	DET
ejge-6999	200	12	uncertainty	uncertainty	NOUN
ejge-6999	200	13	derived	derive	VERB
ejge-6999	200	14	from	from	ADP
ejge-6999	200	15	economic	economic	ADJ
ejge-6999	200	16	policy	policy	NOUN
ejge-6999	200	17	is	be	AUX
ejge-6999	200	18	less	less	ADJ
ejge-6999	200	19	than	than	ADP
ejge-6999	200	20	that	that	PRON
ejge-6999	200	21	produced	produce	VERB
ejge-6999	200	22	by	by	ADP
ejge-6999	200	23	fluctuations	fluctuation	NOUN
ejge-6999	200	24	in	in	ADP
ejge-6999	200	25	the	the	DET
ejge-6999	200	26	financial	financial	ADJ
ejge-6999	200	27	markets	market	NOUN
ejge-6999	200	28	.	.	PUNCT
ejge-6999	201	1	mary	mary	PROPN
ejge-6999	201	2	elena	elena	PROPN
ejge-6999	201	3	sánchez	sánchez	PROPN
ejge-6999	201	4	-	-	PUNCT
ejge-6999	201	5	gabarre	gabarre	PROPN
ejge-6999	201	6	/	/	SYM
ejge-6999	201	7	european	european	ADJ
ejge-6999	201	8	journal	journal	PROPN
ejge-6999	201	9	of	of	ADP
ejge-6999	201	10	government	government	NOUN
ejge-6999	201	11	and	and	CCONJ
ejge-6999	201	12	economics	economic	NOUN
ejge-6999	201	13	9(3	9(3	NUM
ejge-6999	201	14	)	)	PUNCT
ejge-6999	201	15	,	,	PUNCT
ejge-6999	201	16	december	december	PROPN
ejge-6999	201	17	2020	2020	NUM
ejge-6999	201	18	,	,	PUNCT
ejge-6999	201	19	265	265	NUM
ejge-6999	201	20	-	-	SYM
ejge-6999	201	21	279	279	NUM
ejge-6999	201	22	276	276	NUM
ejge-6999	201	23	finally	finally	ADV
ejge-6999	201	24	,	,	PUNCT
ejge-6999	201	25	the	the	DET
ejge-6999	201	26	third	third	ADJ
ejge-6999	201	27	indicator	indicator	NOUN
ejge-6999	201	28	taken	take	VERB
ejge-6999	201	29	into	into	ADP
ejge-6999	201	30	account	account	NOUN
ejge-6999	201	31	in	in	ADP
ejge-6999	201	32	terms	term	NOUN
ejge-6999	201	33	of	of	ADP
ejge-6999	201	34	measuring	measure	VERB
ejge-6999	201	35	uncertainty	uncertainty	NOUN
ejge-6999	201	36	in	in	ADP
ejge-6999	201	37	the	the	DET
ejge-6999	201	38	global	global	ADJ
ejge-6999	201	39	geopolitical	geopolitical	ADJ
ejge-6999	201	40	sphere	sphere	NOUN
ejge-6999	201	41	(	(	PUNCT
ejge-6999	201	42	gpr	gpr	PROPN
ejge-6999	201	43	)	)	PUNCT
ejge-6999	201	44	is	be	AUX
ejge-6999	201	45	not	not	PART
ejge-6999	201	46	at	at	ADV
ejge-6999	201	47	all	all	ADV
ejge-6999	201	48	significant	significant	ADJ
ejge-6999	201	49	in	in	ADP
ejge-6999	201	50	any	any	DET
ejge-6999	201	51	case	case	NOUN
ejge-6999	201	52	.	.	PUNCT
ejge-6999	202	1	this	this	DET
ejge-6999	202	2	situation	situation	NOUN
ejge-6999	202	3	could	could	AUX
ejge-6999	202	4	be	be	AUX
ejge-6999	202	5	due	due	ADJ
ejge-6999	202	6	to	to	ADP
ejge-6999	202	7	the	the	DET
ejge-6999	202	8	low	low	ADJ
ejge-6999	202	9	long	long	ADJ
ejge-6999	202	10	-	-	PUNCT
ejge-6999	202	11	term	term	NOUN
ejge-6999	202	12	influence	influence	NOUN
ejge-6999	202	13	of	of	ADP
ejge-6999	202	14	events	event	NOUN
ejge-6999	202	15	that	that	PRON
ejge-6999	202	16	generate	generate	VERB
ejge-6999	202	17	global	global	ADJ
ejge-6999	202	18	geopolitical	geopolitical	ADJ
ejge-6999	202	19	risks	risk	NOUN
ejge-6999	202	20	on	on	ADP
ejge-6999	202	21	these	these	DET
ejge-6999	202	22	stock	stock	NOUN
ejge-6999	202	23	market	market	NOUN
ejge-6999	202	24	indexes	index	NOUN
ejge-6999	202	25	,	,	PUNCT
ejge-6999	202	26	since	since	SCONJ
ejge-6999	202	27	the	the	DET
ejge-6999	202	28	countries	country	NOUN
ejge-6999	202	29	in	in	ADP
ejge-6999	202	30	which	which	PRON
ejge-6999	202	31	they	they	PRON
ejge-6999	202	32	are	be	AUX
ejge-6999	202	33	listed	list	VERB
ejge-6999	202	34	would	would	AUX
ejge-6999	202	35	not	not	PART
ejge-6999	202	36	be	be	AUX
ejge-6999	202	37	involved	involve	VERB
ejge-6999	202	38	in	in	ADP
ejge-6999	202	39	such	such	ADJ
ejge-6999	202	40	events	event	NOUN
ejge-6999	202	41	.	.	PUNCT
ejge-6999	203	1	however	however	ADV
ejge-6999	203	2	,	,	PUNCT
ejge-6999	203	3	this	this	DET
ejge-6999	203	4	risk	risk	NOUN
ejge-6999	203	5	could	could	AUX
ejge-6999	203	6	cause	cause	VERB
ejge-6999	203	7	relevant	relevant	ADJ
ejge-6999	203	8	shocks	shock	NOUN
ejge-6999	203	9	in	in	ADP
ejge-6999	203	10	very	very	ADV
ejge-6999	203	11	short	short	ADJ
ejge-6999	203	12	periods	period	NOUN
ejge-6999	203	13	,	,	PUNCT
ejge-6999	203	14	where	where	SCONJ
ejge-6999	203	15	the	the	DET
ejge-6999	203	16	monthly	monthly	ADJ
ejge-6999	203	17	periodicity	periodicity	NOUN
ejge-6999	203	18	of	of	ADP
ejge-6999	203	19	our	our	PRON
ejge-6999	203	20	data	datum	NOUN
ejge-6999	203	21	implies	imply	VERB
ejge-6999	203	22	that	that	SCONJ
ejge-6999	203	23	its	its	PRON
ejge-6999	203	24	influence	influence	NOUN
ejge-6999	203	25	can	can	AUX
ejge-6999	203	26	not	not	PART
ejge-6999	203	27	be	be	AUX
ejge-6999	203	28	appreciated	appreciate	VERB
ejge-6999	203	29	.	.	PUNCT
ejge-6999	204	1	in	in	ADP
ejge-6999	204	2	the	the	DET
ejge-6999	204	3	short	short	ADJ
ejge-6999	204	4	-	-	PUNCT
ejge-6999	204	5	term	term	NOUN
ejge-6999	204	6	,	,	PUNCT
ejge-6999	204	7	we	we	PRON
ejge-6999	204	8	have	have	AUX
ejge-6999	204	9	obtained	obtain	VERB
ejge-6999	204	10	empirical	empirical	ADJ
ejge-6999	204	11	evidence	evidence	NOUN
ejge-6999	204	12	suggesting	suggest	VERB
ejge-6999	204	13	the	the	DET
ejge-6999	204	14	existence	existence	NOUN
ejge-6999	204	15	of	of	ADP
ejge-6999	204	16	a	a	DET
ejge-6999	204	17	significant	significant	ADJ
ejge-6999	204	18	relationship	relationship	NOUN
ejge-6999	204	19	between	between	ADP
ejge-6999	204	20	economic	economic	ADJ
ejge-6999	204	21	policy	policy	NOUN
ejge-6999	204	22	uncertainty	uncertainty	NOUN
ejge-6999	204	23	and	and	CCONJ
ejge-6999	204	24	volatility	volatility	NOUN
ejge-6999	204	25	in	in	ADP
ejge-6999	204	26	the	the	DET
ejge-6999	204	27	financial	financial	ADJ
ejge-6999	204	28	equity	equity	NOUN
ejge-6999	204	29	markets	market	NOUN
ejge-6999	204	30	with	with	ADP
ejge-6999	204	31	respect	respect	NOUN
ejge-6999	204	32	to	to	ADP
ejge-6999	204	33	the	the	DET
ejge-6999	204	34	ibex	ibex	NOUN
ejge-6999	204	35	35	35	NUM
ejge-6999	204	36	and	and	CCONJ
ejge-6999	204	37	between	between	ADP
ejge-6999	204	38	financial	financial	ADJ
ejge-6999	204	39	market	market	NOUN
ejge-6999	204	40	volatility	volatility	NOUN
ejge-6999	204	41	with	with	ADP
ejge-6999	204	42	respect	respect	NOUN
ejge-6999	204	43	to	to	ADP
ejge-6999	204	44	bovespa	bovespa	PROPN
ejge-6999	204	45	stock	stock	NOUN
ejge-6999	204	46	prices	price	NOUN
ejge-6999	204	47	.	.	PUNCT
ejge-6999	205	1	in	in	ADP
ejge-6999	205	2	other	other	ADJ
ejge-6999	205	3	words	word	NOUN
ejge-6999	205	4	,	,	PUNCT
ejge-6999	205	5	they	they	PRON
ejge-6999	205	6	have	have	VERB
ejge-6999	205	7	a	a	DET
ejge-6999	205	8	negative	negative	ADJ
ejge-6999	205	9	relationship	relationship	NOUN
ejge-6999	205	10	in	in	ADP
ejge-6999	205	11	the	the	DET
ejge-6999	205	12	short	short	ADJ
ejge-6999	205	13	term	term	NOUN
ejge-6999	205	14	,	,	PUNCT
ejge-6999	205	15	so	so	SCONJ
ejge-6999	205	16	increases	increase	NOUN
ejge-6999	205	17	in	in	ADP
ejge-6999	205	18	uncertainty	uncertainty	NOUN
ejge-6999	205	19	would	would	AUX
ejge-6999	205	20	translate	translate	VERB
ejge-6999	205	21	into	into	ADP
ejge-6999	205	22	decreases	decrease	NOUN
ejge-6999	205	23	in	in	ADP
ejge-6999	205	24	stock	stock	NOUN
ejge-6999	205	25	price	price	NOUN
ejge-6999	205	26	returns	return	NOUN
ejge-6999	205	27	,	,	PUNCT
ejge-6999	205	28	with	with	ADP
ejge-6999	205	29	the	the	DET
ejge-6999	205	30	speed	speed	NOUN
ejge-6999	205	31	of	of	ADP
ejge-6999	205	32	adjustment	adjustment	NOUN
ejge-6999	205	33	of	of	ADP
ejge-6999	205	34	the	the	DET
ejge-6999	205	35	uncertainty	uncertainty	NOUN
ejge-6999	205	36	shock	shock	NOUN
ejge-6999	205	37	to	to	PART
ejge-6999	205	38	return	return	VERB
ejge-6999	205	39	to	to	ADP
ejge-6999	205	40	the	the	DET
ejge-6999	205	41	initial	initial	ADJ
ejge-6999	205	42	equilibrium	equilibrium	NOUN
ejge-6999	205	43	situation	situation	NOUN
ejge-6999	205	44	within	within	ADP
ejge-6999	205	45	a	a	DET
ejge-6999	205	46	period	period	NOUN
ejge-6999	205	47	of	of	ADP
ejge-6999	205	48	approximately	approximately	ADV
ejge-6999	205	49	one	one	NUM
ejge-6999	205	50	month	month	NOUN
ejge-6999	205	51	.	.	PUNCT
ejge-6999	206	1	these	these	DET
ejge-6999	206	2	results	result	NOUN
ejge-6999	206	3	may	may	AUX
ejge-6999	206	4	be	be	AUX
ejge-6999	206	5	useful	useful	ADJ
ejge-6999	206	6	for	for	ADP
ejge-6999	206	7	investors	investor	NOUN
ejge-6999	206	8	when	when	SCONJ
ejge-6999	206	9	analysing	analyse	VERB
ejge-6999	206	10	their	their	PRON
ejge-6999	206	11	financial	financial	ADJ
ejge-6999	206	12	planning	planning	NOUN
ejge-6999	206	13	,	,	PUNCT
ejge-6999	206	14	as	as	SCONJ
ejge-6999	206	15	they	they	PRON
ejge-6999	206	16	must	must	AUX
ejge-6999	206	17	adopt	adopt	VERB
ejge-6999	206	18	optimal	optimal	ADJ
ejge-6999	206	19	investment	investment	NOUN
ejge-6999	206	20	strategies	strategy	NOUN
ejge-6999	206	21	that	that	PRON
ejge-6999	206	22	take	take	VERB
ejge-6999	206	23	into	into	ADP
ejge-6999	206	24	account	account	NOUN
ejge-6999	206	25	these	these	DET
ejge-6999	206	26	uncertainties	uncertainty	NOUN
ejge-6999	206	27	,	,	PUNCT
ejge-6999	206	28	since	since	SCONJ
ejge-6999	206	29	their	their	PRON
ejge-6999	206	30	capital	capital	NOUN
ejge-6999	206	31	would	would	AUX
ejge-6999	206	32	be	be	AUX
ejge-6999	206	33	affected	affect	VERB
ejge-6999	206	34	by	by	ADP
ejge-6999	206	35	fluctuations	fluctuation	NOUN
ejge-6999	206	36	in	in	ADP
ejge-6999	206	37	these	these	DET
ejge-6999	206	38	areas	area	NOUN
ejge-6999	206	39	at	at	ADP
ejge-6999	206	40	a	a	DET
ejge-6999	206	41	global	global	ADJ
ejge-6999	206	42	level	level	NOUN
ejge-6999	206	43	.	.	PUNCT
ejge-6999	207	1	in	in	ADP
ejge-6999	207	2	addition	addition	NOUN
ejge-6999	207	3	,	,	PUNCT
ejge-6999	207	4	they	they	PRON
ejge-6999	207	5	must	must	AUX
ejge-6999	207	6	take	take	VERB
ejge-6999	207	7	into	into	ADP
ejge-6999	207	8	account	account	NOUN
ejge-6999	207	9	in	in	ADP
ejge-6999	207	10	a	a	DET
ejge-6999	207	11	complementary	complementary	ADJ
ejge-6999	207	12	manner	manner	NOUN
ejge-6999	207	13	that	that	PRON
ejge-6999	207	14	in	in	ADP
ejge-6999	207	15	developed	develop	VERB
ejge-6999	207	16	countries	country	NOUN
ejge-6999	207	17	,	,	PUNCT
ejge-6999	207	18	this	this	DET
ejge-6999	207	19	global	global	ADJ
ejge-6999	207	20	uncertainty	uncertainty	NOUN
ejge-6999	207	21	affects	affect	VERB
ejge-6999	207	22	to	to	ADP
ejge-6999	207	23	a	a	DET
ejge-6999	207	24	greater	great	ADJ
ejge-6999	207	25	extent	extent	NOUN
ejge-6999	207	26	than	than	ADP
ejge-6999	207	27	in	in	ADP
ejge-6999	207	28	emerging	emerge	VERB
ejge-6999	207	29	or	or	CCONJ
ejge-6999	207	30	developing	develop	VERB
ejge-6999	207	31	countries	country	NOUN
ejge-6999	207	32	.	.	PUNCT
ejge-6999	208	1	it	it	PRON
ejge-6999	208	2	should	should	AUX
ejge-6999	208	3	be	be	AUX
ejge-6999	208	4	noted	note	VERB
ejge-6999	208	5	that	that	SCONJ
ejge-6999	208	6	policymakers	policymaker	NOUN
ejge-6999	208	7	must	must	AUX
ejge-6999	208	8	take	take	VERB
ejge-6999	208	9	into	into	ADP
ejge-6999	208	10	account	account	NOUN
ejge-6999	208	11	their	their	PRON
ejge-6999	208	12	decisions	decision	NOUN
ejge-6999	208	13	in	in	ADP
ejge-6999	208	14	the	the	DET
ejge-6999	208	15	field	field	NOUN
ejge-6999	208	16	of	of	ADP
ejge-6999	208	17	economic	economic	ADJ
ejge-6999	208	18	policy	policy	NOUN
ejge-6999	208	19	,	,	PUNCT
ejge-6999	208	20	since	since	SCONJ
ejge-6999	208	21	in	in	ADP
ejge-6999	208	22	countries	country	NOUN
ejge-6999	208	23	like	like	ADP
ejge-6999	208	24	spain	spain	PROPN
ejge-6999	208	25	,	,	PUNCT
ejge-6999	208	26	these	these	DET
ejge-6999	208	27	decisions	decision	NOUN
ejge-6999	208	28	will	will	AUX
ejge-6999	208	29	have	have	VERB
ejge-6999	208	30	an	an	DET
ejge-6999	208	31	effect	effect	NOUN
ejge-6999	208	32	on	on	ADP
ejge-6999	208	33	stock	stock	NOUN
ejge-6999	208	34	market	market	NOUN
ejge-6999	208	35	performance	performance	NOUN
ejge-6999	208	36	over	over	ADP
ejge-6999	208	37	time	time	NOUN
ejge-6999	208	38	.	.	PUNCT
ejge-6999	209	1	references	reference	NOUN
ejge-6999	209	2	ang	ang	PROPN
ejge-6999	209	3	,	,	PUNCT
ejge-6999	209	4	a.	a.	PROPN
ejge-6999	209	5	,	,	PUNCT
ejge-6999	209	6	hodrick	hodrick	PROPN
ejge-6999	209	7	,	,	PUNCT
ejge-6999	209	8	r.j	r.j	PROPN
ejge-6999	209	9	.	.	PROPN
ejge-6999	209	10	,	,	PUNCT
ejge-6999	209	11	xing	xing	PROPN
ejge-6999	209	12	,	,	PUNCT
ejge-6999	209	13	y.	y.	PROPN
ejge-6999	209	14	and	and	CCONJ
ejge-6999	209	15	zhang	zhang	PROPN
ejge-6999	209	16	,	,	PUNCT
ejge-6999	209	17	x.	x.	NOUN
ejge-6999	209	18	(	(	PUNCT
ejge-6999	209	19	2006	2006	NUM
ejge-6999	209	20	)	)	PUNCT
ejge-6999	209	21	.	.	PUNCT
ejge-6999	210	1	the	the	DET
ejge-6999	210	2	cross	cross	NOUN
ejge-6999	210	3	-	-	NOUN
ejge-6999	210	4	section	section	NOUN
ejge-6999	210	5	of	of	ADP
ejge-6999	210	6	volatility	volatility	NOUN
ejge-6999	210	7	and	and	CCONJ
ejge-6999	210	8	expected	expect	VERB
ejge-6999	210	9	returns	return	NOUN
ejge-6999	210	10	.	.	PUNCT
ejge-6999	211	1	journal	journal	NOUN
ejge-6999	211	2	of	of	ADP
ejge-6999	211	3	finance	finance	PROPN
ejge-6999	211	4	61(1	61(1	NOUN
ejge-6999	211	5	)	)	PUNCT
ejge-6999	211	6	,	,	PUNCT
ejge-6999	211	7	259	259	NUM
ejge-6999	211	8	-	-	SYM
ejge-6999	211	9	299	299	NUM
ejge-6999	211	10	.	.	PUNCT
ejge-6999	212	1	https://doi.org/10.1111/j.15406261.2006.00836.x	https://doi.org/10.1111/j.15406261.2006.00836.x	X
ejge-6999	213	1	ang	ang	INTJ
ejge-6999	213	2	,	,	PUNCT
ejge-6999	213	3	a.	a.	PROPN
ejge-6999	213	4	,	,	PUNCT
ejge-6999	213	5	hodrick	hodrick	PROPN
ejge-6999	213	6	,	,	PUNCT
ejge-6999	213	7	r.j	r.j	PROPN
ejge-6999	213	8	.	.	PROPN
ejge-6999	213	9	,	,	PUNCT
ejge-6999	213	10	xing	xing	PROPN
ejge-6999	213	11	,	,	PUNCT
ejge-6999	213	12	y.	y.	PROPN
ejge-6999	213	13	and	and	CCONJ
ejge-6999	213	14	zhang	zhang	PROPN
ejge-6999	213	15	,	,	PUNCT
ejge-6999	213	16	x.	x.	NOUN
ejge-6999	213	17	(	(	PUNCT
ejge-6999	213	18	2009	2009	NUM
ejge-6999	213	19	)	)	PUNCT
ejge-6999	213	20	.	.	PUNCT
ejge-6999	214	1	high	high	ADJ
ejge-6999	214	2	idiosyncratic	idiosyncratic	ADJ
ejge-6999	214	3	volatility	volatility	NOUN
ejge-6999	214	4	and	and	CCONJ
ejge-6999	214	5	low	low	ADJ
ejge-6999	214	6	returns	return	NOUN
ejge-6999	214	7	:	:	PUNCT
ejge-6999	214	8	international	international	ADJ
ejge-6999	214	9	and	and	CCONJ
ejge-6999	214	10	further	further	ADJ
ejge-6999	214	11	u.s	u.s	PROPN
ejge-6999	214	12	.	.	PROPN
ejge-6999	214	13	evidence	evidence	NOUN
ejge-6999	214	14	.	.	PUNCT
ejge-6999	215	1	journal	journal	NOUN
ejge-6999	215	2	of	of	ADP
ejge-6999	215	3	financial	financial	ADJ
ejge-6999	215	4	economics	economic	NOUN
ejge-6999	215	5	91(1	91(1	NUM
ejge-6999	215	6	)	)	PUNCT
ejge-6999	215	7	,	,	PUNCT
ejge-6999	215	8	1	1	NUM
ejge-6999	215	9	-	-	SYM
ejge-6999	215	10	23	23	NUM
ejge-6999	215	11	.	.	PUNCT
ejge-6999	216	1	https://doi.org/10.1016/j.jfineco.2007.12.005	https://doi.org/10.1016/j.jfineco.2007.12.005	PROPN
ejge-6999	216	2	baker	baker	PROPN
ejge-6999	216	3	,	,	PUNCT
ejge-6999	216	4	s.r	s.r	PROPN
ejge-6999	216	5	.	.	PROPN
ejge-6999	216	6	,	,	PUNCT
ejge-6999	216	7	bloom	bloom	NOUN
ejge-6999	216	8	,	,	PUNCT
ejge-6999	216	9	n.	n.	NOUN
ejge-6999	216	10	and	and	CCONJ
ejge-6999	216	11	davis	davis	PROPN
ejge-6999	216	12	,	,	PUNCT
ejge-6999	216	13	s.j	s.j	PROPN
ejge-6999	216	14	.	.	PROPN
ejge-6999	216	15	(	(	PUNCT
ejge-6999	216	16	2016	2016	NUM
ejge-6999	216	17	)	)	PUNCT
ejge-6999	216	18	.	.	PUNCT
ejge-6999	217	1	measuring	measure	VERB
ejge-6999	217	2	economic	economic	ADJ
ejge-6999	217	3	policy	policy	NOUN
ejge-6999	217	4	uncertainty	uncertainty	NOUN
ejge-6999	217	5	.	.	PUNCT
ejge-6999	218	1	the	the	DET
ejge-6999	218	2	quarterly	quarterly	ADJ
ejge-6999	218	3	journal	journal	NOUN
ejge-6999	218	4	of	of	ADP
ejge-6999	218	5	economics	economic	NOUN
ejge-6999	218	6	131(4	131(4	NUM
ejge-6999	218	7	)	)	PUNCT
ejge-6999	218	8	,	,	PUNCT
ejge-6999	218	9	1593	1593	NUM
ejge-6999	218	10	-	-	SYM
ejge-6999	218	11	1636	1636	NUM
ejge-6999	218	12	.	.	PUNCT
ejge-6999	219	1	https://doi.org/10.1093/qje/qjw024	https://doi.org/10.1093/qje/qjw024	PROPN
ejge-6999	219	2	basu	basu	PROPN
ejge-6999	219	3	,	,	PUNCT
ejge-6999	219	4	s.	s.	PROPN
ejge-6999	219	5	and	and	CCONJ
ejge-6999	219	6	bundick	bundick	PROPN
ejge-6999	219	7	,	,	PUNCT
ejge-6999	219	8	b.	b.	PROPN
ejge-6999	219	9	(	(	PUNCT
ejge-6999	219	10	2017	2017	NUM
ejge-6999	219	11	)	)	PUNCT
ejge-6999	219	12	.	.	PUNCT
ejge-6999	220	1	uncertainty	uncertainty	NOUN
ejge-6999	220	2	shocks	shock	VERB
ejge-6999	220	3	in	in	ADP
ejge-6999	220	4	a	a	DET
ejge-6999	220	5	model	model	NOUN
ejge-6999	220	6	of	of	ADP
ejge-6999	220	7	effective	effective	ADJ
ejge-6999	220	8	demand	demand	NOUN
ejge-6999	220	9	.	.	PUNCT
ejge-6999	221	1	econometrica	econometrica	PROPN
ejge-6999	221	2	85(3	85(3	PROPN
ejge-6999	221	3	)	)	PUNCT
ejge-6999	221	4	,	,	PUNCT
ejge-6999	221	5	937	937	NUM
ejge-6999	221	6	-	-	SYM
ejge-6999	221	7	958	958	NUM
ejge-6999	221	8	.	.	PUNCT
ejge-6999	222	1	https://doi.org/10.3982/ecta13960	https://doi.org/10.3982/ecta13960	PROPN
ejge-6999	222	2	belo	belo	PROPN
ejge-6999	222	3	,	,	PUNCT
ejge-6999	222	4	f.	f.	PROPN
ejge-6999	222	5	,	,	PUNCT
ejge-6999	222	6	gala	gala	NOUN
ejge-6999	222	7	,	,	PUNCT
ejge-6999	222	8	v.d	v.d	PROPN
ejge-6999	222	9	.	.	PROPN
ejge-6999	222	10	and	and	CCONJ
ejge-6999	222	11	li	li	PROPN
ejge-6999	222	12	,	,	PUNCT
ejge-6999	222	13	j.	j.	PROPN
ejge-6999	222	14	(	(	PUNCT
ejge-6999	222	15	2013	2013	NUM
ejge-6999	222	16	)	)	PUNCT
ejge-6999	222	17	.	.	PUNCT
ejge-6999	223	1	government	government	NOUN
ejge-6999	223	2	spending	spending	NOUN
ejge-6999	223	3	,	,	PUNCT
ejge-6999	223	4	political	political	ADJ
ejge-6999	223	5	cycles	cycle	NOUN
ejge-6999	223	6	,	,	PUNCT
ejge-6999	223	7	and	and	CCONJ
ejge-6999	223	8	the	the	DET
ejge-6999	223	9	cross	cross	NOUN
ejge-6999	223	10	section	section	NOUN
ejge-6999	223	11	of	of	ADP
ejge-6999	223	12	stock	stock	NOUN
ejge-6999	223	13	returns	return	NOUN
ejge-6999	223	14	.	.	PUNCT
ejge-6999	224	1	journal	journal	NOUN
ejge-6999	224	2	of	of	ADP
ejge-6999	224	3	financial	financial	ADJ
ejge-6999	224	4	economics	economic	NOUN
ejge-6999	224	5	107(2	107(2	NUM
ejge-6999	224	6	)	)	PUNCT
ejge-6999	224	7	,	,	PUNCT
ejge-6999	224	8	305	305	NUM
ejge-6999	224	9	-	-	SYM
ejge-6999	224	10	324	324	NUM
ejge-6999	224	11	.	.	PUNCT
ejge-6999	225	1	https://doi.org/10.1016/j.jfineco.2012.08.016	https://doi.org/10.1016/j.jfineco.2012.08.016	PROPN
ejge-6999	225	2	bittlingmayer	bittlingmayer	NOUN
ejge-6999	225	3	,	,	PUNCT
ejge-6999	225	4	g.	g.	PROPN
ejge-6999	225	5	(	(	PUNCT
ejge-6999	225	6	1998	1998	NUM
ejge-6999	225	7	)	)	PUNCT
ejge-6999	225	8	.	.	PUNCT
ejge-6999	226	1	output	output	NOUN
ejge-6999	226	2	,	,	PUNCT
ejge-6999	226	3	stock	stock	NOUN
ejge-6999	226	4	volatility	volatility	NOUN
ejge-6999	226	5	,	,	PUNCT
ejge-6999	226	6	and	and	CCONJ
ejge-6999	226	7	political	political	ADJ
ejge-6999	226	8	uncertainty	uncertainty	NOUN
ejge-6999	226	9	in	in	ADP
ejge-6999	226	10	a	a	DET
ejge-6999	226	11	natural	natural	ADJ
ejge-6999	226	12	experiment	experiment	NOUN
ejge-6999	226	13	:	:	PUNCT
ejge-6999	226	14	germany	germany	PROPN
ejge-6999	226	15	,	,	PUNCT
ejge-6999	226	16	1880–1940	1880–1940	NUM
ejge-6999	226	17	.	.	PUNCT
ejge-6999	227	1	the	the	DET
ejge-6999	227	2	journal	journal	NOUN
ejge-6999	227	3	of	of	ADP
ejge-6999	227	4	finance	finance	PROPN
ejge-6999	227	5	53(6	53(6	PROPN
ejge-6999	227	6	)	)	PUNCT
ejge-6999	227	7	,	,	PUNCT
ejge-6999	227	8	2243	2243	NUM
ejge-6999	227	9	-	-	SYM
ejge-6999	227	10	2257	2257	NUM
ejge-6999	227	11	.	.	PUNCT
ejge-6999	228	1	https://doi.org/10.1111/0022-1082.00090	https://doi.org/10.1111/0022-1082.00090	PROPN
ejge-6999	228	2	bloom	bloom	NOUN
ejge-6999	228	3	,	,	PUNCT
ejge-6999	228	4	n.	n.	NOUN
ejge-6999	228	5	(	(	PUNCT
ejge-6999	228	6	2009	2009	NUM
ejge-6999	228	7	)	)	PUNCT
ejge-6999	228	8	.	.	PUNCT
ejge-6999	229	1	the	the	DET
ejge-6999	229	2	impact	impact	NOUN
ejge-6999	229	3	of	of	ADP
ejge-6999	229	4	uncertainty	uncertainty	NOUN
ejge-6999	229	5	shocks	shock	NOUN
ejge-6999	229	6	.	.	PUNCT
ejge-6999	230	1	econometrica	econometrica	PROPN
ejge-6999	230	2	77(3	77(3	NOUN
ejge-6999	230	3	)	)	PUNCT
ejge-6999	230	4	,	,	PUNCT
ejge-6999	230	5	623	623	NUM
ejge-6999	230	6	-	-	SYM
ejge-6999	230	7	685	685	NUM
ejge-6999	230	8	.	.	PUNCT
ejge-6999	231	1	https://doi.org/10.3982/ecta6248	https://doi.org/10.3982/ecta6248	PROPN
ejge-6999	231	2	bloom	bloom	NOUN
ejge-6999	231	3	,	,	PUNCT
ejge-6999	231	4	n.	n.	NOUN
ejge-6999	231	5	(	(	PUNCT
ejge-6999	231	6	2014	2014	NUM
ejge-6999	231	7	)	)	PUNCT
ejge-6999	231	8	.	.	PUNCT
ejge-6999	232	1	fluctuations	fluctuation	NOUN
ejge-6999	232	2	in	in	ADP
ejge-6999	232	3	uncertainty	uncertainty	NOUN
ejge-6999	232	4	.	.	PUNCT
ejge-6999	233	1	journal	journal	NOUN
ejge-6999	233	2	of	of	ADP
ejge-6999	233	3	economic	economic	ADJ
ejge-6999	233	4	perspectives	perspective	NOUN
ejge-6999	233	5	28(2	28(2	NUM
ejge-6999	233	6	)	)	PUNCT
ejge-6999	233	7	,	,	PUNCT
ejge-6999	233	8	153	153	NUM
ejge-6999	233	9	-	-	SYM
ejge-6999	233	10	76	76	NUM
ejge-6999	233	11	.	.	PUNCT
ejge-6999	234	1	https://doi.org/10.1257/jep.28.2.153	https://doi.org/10.1257/jep.28.2.153	NOUN
ejge-6999	234	2	https://doi.org/10.1111/j.1540-6261.2006.00836.x	https://doi.org/10.1111/j.1540-6261.2006.00836.x	ADJ
ejge-6999	234	3	https://doi.org/10.1111/j.1540-6261.2006.00836.x	https://doi.org/10.1111/j.1540-6261.2006.00836.x	PROPN
ejge-6999	234	4	https://doi.org/10.1016/j.jfineco.2007.12.005	https://doi.org/10.1016/j.jfineco.2007.12.005	PROPN
ejge-6999	234	5	https://doi.org/10.1093/qje/qjw024	https://doi.org/10.1093/qje/qjw024	PROPN
ejge-6999	234	6	https://doi.org/10.3982/ecta13960	https://doi.org/10.3982/ecta13960	VERB
ejge-6999	234	7	https://doi.org/10.1016/j.jfineco.2012.08.016	https://doi.org/10.1016/j.jfineco.2012.08.016	PROPN
ejge-6999	234	8	https://doi.org/10.1111/0022-1082.00090	https://doi.org/10.1111/0022-1082.00090	PROPN
ejge-6999	234	9	https://doi.org/10.3982/ecta6248	https://doi.org/10.3982/ecta6248	NOUN
ejge-6999	234	10	https://doi.org/10.1257/jep.28.2.153	https://doi.org/10.1257/jep.28.2.153	VERB
ejge-6999	234	11	mary	mary	PROPN
ejge-6999	234	12	elena	elena	PROPN
ejge-6999	234	13	sánchez	sánchez	PROPN
ejge-6999	234	14	-	-	PUNCT
ejge-6999	234	15	gabarre	gabarre	PROPN
ejge-6999	234	16	/	/	SYM
ejge-6999	234	17	european	european	ADJ
ejge-6999	234	18	journal	journal	PROPN
ejge-6999	234	19	of	of	ADP
ejge-6999	234	20	government	government	NOUN
ejge-6999	234	21	and	and	CCONJ
ejge-6999	234	22	economics	economic	NOUN
ejge-6999	234	23	9(3	9(3	NUM
ejge-6999	234	24	)	)	PUNCT
ejge-6999	234	25	,	,	PUNCT
ejge-6999	234	26	december	december	PROPN
ejge-6999	234	27	2020	2020	NUM
ejge-6999	234	28	,	,	PUNCT
ejge-6999	234	29	265	265	NUM
ejge-6999	234	30	-	-	SYM
ejge-6999	234	31	279	279	NUM
ejge-6999	234	32	277	277	NUM
ejge-6999	234	33	bloom	bloom	NOUN
ejge-6999	234	34	,	,	PUNCT
ejge-6999	234	35	n.	n.	NOUN
ejge-6999	234	36	,	,	PUNCT
ejge-6999	234	37	bond	bond	NOUN
ejge-6999	234	38	,	,	PUNCT
ejge-6999	234	39	s.	s.	PROPN
ejge-6999	234	40	and	and	CCONJ
ejge-6999	234	41	van	van	PROPN
ejge-6999	234	42	-	-	PUNCT
ejge-6999	234	43	reenen	reenen	NOUN
ejge-6999	234	44	,	,	PUNCT
ejge-6999	234	45	j.	j.	PROPN
ejge-6999	234	46	(	(	PUNCT
ejge-6999	234	47	2007	2007	NUM
ejge-6999	234	48	)	)	PUNCT
ejge-6999	234	49	.	.	PUNCT
ejge-6999	235	1	uncertainty	uncertainty	NOUN
ejge-6999	235	2	and	and	CCONJ
ejge-6999	235	3	investment	investment	NOUN
ejge-6999	235	4	dynamics	dynamic	NOUN
ejge-6999	235	5	.	.	PUNCT
ejge-6999	236	1	the	the	DET
ejge-6999	236	2	review	review	NOUN
ejge-6999	236	3	of	of	ADP
ejge-6999	236	4	economic	economic	ADJ
ejge-6999	236	5	studies	study	NOUN
ejge-6999	236	6	74(2	74(2	NUM
ejge-6999	236	7	)	)	PUNCT
ejge-6999	236	8	,	,	PUNCT
ejge-6999	236	9	391	391	NUM
ejge-6999	236	10	-	-	SYM
ejge-6999	236	11	415	415	NUM
ejge-6999	236	12	.	.	PUNCT
ejge-6999	237	1	https://doi.org/10.1111/j.1467937x.2007.00426.x	https://doi.org/10.1111/j.1467937x.2007.00426.x	X
ejge-6999	237	2	born	bear	VERB
ejge-6999	237	3	,	,	PUNCT
ejge-6999	237	4	b.	b.	PROPN
ejge-6999	237	5	and	and	CCONJ
ejge-6999	237	6	pfeifer	pfeifer	PROPN
ejge-6999	237	7	,	,	PUNCT
ejge-6999	237	8	j.	j.	PROPN
ejge-6999	237	9	(	(	PUNCT
ejge-6999	237	10	2014	2014	NUM
ejge-6999	237	11	)	)	PUNCT
ejge-6999	237	12	.	.	PUNCT
ejge-6999	238	1	policy	policy	NOUN
ejge-6999	238	2	risk	risk	NOUN
ejge-6999	238	3	and	and	CCONJ
ejge-6999	238	4	the	the	DET
ejge-6999	238	5	business	business	NOUN
ejge-6999	238	6	cycle	cycle	NOUN
ejge-6999	238	7	.	.	PUNCT
ejge-6999	239	1	journal	journal	NOUN
ejge-6999	239	2	of	of	ADP
ejge-6999	239	3	monetary	monetary	ADJ
ejge-6999	239	4	economics	economic	NOUN
ejge-6999	239	5	68	68	NUM
ejge-6999	239	6	,	,	PUNCT
ejge-6999	239	7	68	68	NUM
ejge-6999	239	8	-	-	SYM
ejge-6999	239	9	85	85	NUM
ejge-6999	239	10	.	.	PUNCT
ejge-6999	240	1	https://doi.org/10.1016/j.jmoneco.2014.07.012	https://doi.org/10.1016/j.jmoneco.2014.07.012	PROPN
ejge-6999	240	2	boutchkova	boutchkova	PROPN
ejge-6999	240	3	,	,	PUNCT
ejge-6999	240	4	m.	m.	NOUN
ejge-6999	240	5	,	,	PUNCT
ejge-6999	240	6	doshi	doshi	PROPN
ejge-6999	240	7	,	,	PUNCT
ejge-6999	240	8	h.	h.	PROPN
ejge-6999	240	9	,	,	PUNCT
ejge-6999	240	10	durnev	durnev	PROPN
ejge-6999	240	11	,	,	PUNCT
ejge-6999	240	12	a.	a.	NOUN
ejge-6999	240	13	and	and	CCONJ
ejge-6999	240	14	molchanov	molchanov	PROPN
ejge-6999	240	15	,	,	PUNCT
ejge-6999	240	16	a.	a.	NOUN
ejge-6999	240	17	(	(	PUNCT
ejge-6999	240	18	2012	2012	NUM
ejge-6999	240	19	)	)	PUNCT
ejge-6999	240	20	.	.	PUNCT
ejge-6999	241	1	precarious	precarious	ADJ
ejge-6999	241	2	politics	politic	NOUN
ejge-6999	241	3	and	and	CCONJ
ejge-6999	241	4	return	return	VERB
ejge-6999	241	5	volatility	volatility	NOUN
ejge-6999	241	6	.	.	PUNCT
ejge-6999	242	1	the	the	DET
ejge-6999	242	2	review	review	NOUN
ejge-6999	242	3	of	of	ADP
ejge-6999	242	4	financial	financial	ADJ
ejge-6999	242	5	studies	study	NOUN
ejge-6999	242	6	25(4	25(4	NOUN
ejge-6999	242	7	)	)	PUNCT
ejge-6999	242	8	,	,	PUNCT
ejge-6999	242	9	1111	1111	NUM
ejge-6999	242	10	-	-	SYM
ejge-6999	242	11	1154	1154	NUM
ejge-6999	242	12	.	.	PUNCT
ejge-6999	243	1	https://doi.org/10.1093/	https://doi.org/10.1093/	PROPN
ejge-6999	243	2	rfs	rfs	PROPN
ejge-6999	243	3	/	/	SYM
ejge-6999	243	4	hhr100	hhr100	PROPN
ejge-6999	243	5	brogaard	brogaard	PROPN
ejge-6999	243	6	,	,	PUNCT
ejge-6999	243	7	j.	j.	PROPN
ejge-6999	243	8	and	and	CCONJ
ejge-6999	243	9	detzel	detzel	PROPN
ejge-6999	243	10	,	,	PUNCT
ejge-6999	243	11	a.l	a.l	PROPN
ejge-6999	243	12	.	.	PROPN
ejge-6999	243	13	(	(	PUNCT
ejge-6999	243	14	2015	2015	NUM
ejge-6999	243	15	)	)	PUNCT
ejge-6999	243	16	.	.	PUNCT
ejge-6999	244	1	the	the	DET
ejge-6999	244	2	asset	asset	NOUN
ejge-6999	244	3	pricing	pricing	NOUN
ejge-6999	244	4	implications	implication	NOUN
ejge-6999	244	5	of	of	ADP
ejge-6999	244	6	government	government	NOUN
ejge-6999	244	7	economic	economic	ADJ
ejge-6999	244	8	policy	policy	NOUN
ejge-6999	244	9	uncertainty	uncertainty	NOUN
ejge-6999	244	10	.	.	PUNCT
ejge-6999	245	1	management	management	NOUN
ejge-6999	245	2	science	science	PROPN
ejge-6999	245	3	61(1	61(1	NOUN
ejge-6999	245	4	)	)	PUNCT
ejge-6999	245	5	,	,	PUNCT
ejge-6999	245	6	3	3	NUM
ejge-6999	245	7	-	-	SYM
ejge-6999	245	8	18	18	NUM
ejge-6999	245	9	.	.	PUNCT
ejge-6999	245	10	https://doi.org/10.1287/mnsc.2014	https://doi.org/10.1287/mnsc.2014	PROPN
ejge-6999	245	11	.2044	.2044	PROPN
ejge-6999	245	12	caixabank	caixabank	VERB
ejge-6999	245	13	research	research	NOUN
ejge-6999	245	14	(	(	PUNCT
ejge-6999	245	15	2016	2016	NUM
ejge-6999	245	16	)	)	PUNCT
ejge-6999	245	17	.	.	PUNCT
ejge-6999	246	1	incertidumbre	incertidumbre	PROPN
ejge-6999	246	2	y	y	PROPN
ejge-6999	246	3	mercado	mercado	PROPN
ejge-6999	246	4	bursátil	bursátil	PROPN
ejge-6999	246	5	.	.	PUNCT
ejge-6999	247	1	im09	im09	PROPN
ejge-6999	247	2	,	,	PUNCT
ejge-6999	247	3	september	september	PROPN
ejge-6999	247	4	2016	2016	NUM
ejge-6999	247	5	,	,	PUNCT
ejge-6999	247	6	p.	p.	NOUN
ejge-6999	247	7	9	9	NUM
ejge-6999	247	8	.	.	PUNCT
ejge-6999	247	9	retrieved	retrieve	VERB
ejge-6999	247	10	from	from	ADP
ejge-6999	247	11	http://www.caixabankresearch.com	http://www.caixabankresearch.com	X
ejge-6999	247	12	caldara	caldara	NOUN
ejge-6999	247	13	,	,	PUNCT
ejge-6999	247	14	d.	d.	PROPN
ejge-6999	247	15	and	and	CCONJ
ejge-6999	247	16	iacoviello	iacoviello	PROPN
ejge-6999	247	17	,	,	PUNCT
ejge-6999	247	18	m.	m.	NOUN
ejge-6999	247	19	(	(	PUNCT
ejge-6999	247	20	2019	2019	NUM
ejge-6999	247	21	)	)	PUNCT
ejge-6999	247	22	.	.	PUNCT
ejge-6999	248	1	measuring	measure	VERB
ejge-6999	248	2	geopolitical	geopolitical	ADJ
ejge-6999	248	3	risk	risk	NOUN
ejge-6999	248	4	.	.	PUNCT
ejge-6999	249	1	international	international	ADJ
ejge-6999	249	2	finance	finance	NOUN
ejge-6999	249	3	discussion	discussion	NOUN
ejge-6999	249	4	papers	paper	NOUN
ejge-6999	249	5	,	,	PUNCT
ejge-6999	249	6	board	board	NOUN
ejge-6999	249	7	of	of	ADP
ejge-6999	249	8	governors	governor	NOUN
ejge-6999	249	9	of	of	ADP
ejge-6999	249	10	the	the	DET
ejge-6999	249	11	federal	federal	PROPN
ejge-6999	249	12	reserve	reserve	PROPN
ejge-6999	249	13	system	system	NOUN
ejge-6999	249	14	(	(	PUNCT
ejge-6999	249	15	eeuu	eeuu	PROPN
ejge-6999	249	16	)	)	PUNCT
ejge-6999	249	17	,	,	PUNCT
ejge-6999	249	18	working	work	VERB
ejge-6999	249	19	paper	paper	NOUN
ejge-6999	249	20	no	no	NOUN
ejge-6999	249	21	.	.	PROPN
ejge-6999	249	22	1222	1222	NUM
ejge-6999	249	23	.	.	PUNCT
ejge-6999	250	1	https://doi.org/10.17016/ifdp.2018.1222	https://doi.org/10.17016/ifdp.2018.1222	PROPN
ejge-6999	250	2	campbell	campbell	PROPN
ejge-6999	250	3	,	,	PUNCT
ejge-6999	250	4	j.	j.	PROPN
ejge-6999	250	5	(	(	PUNCT
ejge-6999	250	6	1993	1993	NUM
ejge-6999	250	7	)	)	PUNCT
ejge-6999	250	8	.	.	PUNCT
ejge-6999	251	1	intertemporal	intertemporal	ADJ
ejge-6999	251	2	asset	asset	NOUN
ejge-6999	251	3	pricing	pricing	NOUN
ejge-6999	251	4	without	without	ADP
ejge-6999	251	5	consumption	consumption	NOUN
ejge-6999	251	6	data	datum	NOUN
ejge-6999	251	7	.	.	PUNCT
ejge-6999	252	1	american	american	PROPN
ejge-6999	252	2	economic	economic	PROPN
ejge-6999	252	3	review	review	PROPN
ejge-6999	252	4	83(3	83(3	NUM
ejge-6999	252	5	)	)	PUNCT
ejge-6999	252	6	,	,	PUNCT
ejge-6999	252	7	487	487	NUM
ejge-6999	252	8	-	-	SYM
ejge-6999	252	9	512	512	NUM
ejge-6999	252	10	.	.	PUNCT
ejge-6999	253	1	https://doi.org/10.3386/w3989	https://doi.org/10.3386/w3989	PROPN
ejge-6999	253	2	campbell	campbell	PROPN
ejge-6999	253	3	,	,	PUNCT
ejge-6999	253	4	j.	j.	PROPN
ejge-6999	253	5	(	(	PUNCT
ejge-6999	253	6	1996	1996	NUM
ejge-6999	253	7	)	)	PUNCT
ejge-6999	253	8	.	.	PUNCT
ejge-6999	254	1	understanding	understand	VERB
ejge-6999	254	2	risk	risk	NOUN
ejge-6999	254	3	and	and	CCONJ
ejge-6999	254	4	return	return	NOUN
ejge-6999	254	5	.	.	PUNCT
ejge-6999	255	1	the	the	DET
ejge-6999	255	2	journal	journal	NOUN
ejge-6999	255	3	of	of	ADP
ejge-6999	255	4	political	political	ADJ
ejge-6999	255	5	economy	economy	NOUN
ejge-6999	255	6	104(2	104(2	NUM
ejge-6999	255	7	)	)	PUNCT
ejge-6999	255	8	,	,	PUNCT
ejge-6999	255	9	298	298	NUM
ejge-6999	255	10	-	-	SYM
ejge-6999	255	11	345	345	NUM
ejge-6999	255	12	.	.	PUNCT
ejge-6999	256	1	https://doi.org/10.1086/262026	https://doi.org/10.1086/262026	PROPN
ejge-6999	256	2	carney	carney	PROPN
ejge-6999	256	3	,	,	PUNCT
ejge-6999	256	4	m.	m.	NOUN
ejge-6999	256	5	(	(	PUNCT
ejge-6999	256	6	2016	2016	NUM
ejge-6999	256	7	)	)	PUNCT
ejge-6999	256	8	.	.	PUNCT
ejge-6999	257	1	uncertainty	uncertainty	NOUN
ejge-6999	257	2	,	,	PUNCT
ejge-6999	257	3	the	the	DET
ejge-6999	257	4	economy	economy	NOUN
ejge-6999	257	5	and	and	CCONJ
ejge-6999	257	6	policy	policy	NOUN
ejge-6999	257	7	.	.	PUNCT
ejge-6999	258	1	speech	speech	NOUN
ejge-6999	258	2	given	give	VERB
ejge-6999	258	3	by	by	ADP
ejge-6999	258	4	mark	mark	PROPN
ejge-6999	258	5	carney	carney	PROPN
ejge-6999	258	6	,	,	PUNCT
ejge-6999	258	7	governor	governor	NOUN
ejge-6999	258	8	of	of	ADP
ejge-6999	258	9	the	the	DET
ejge-6999	258	10	bank	bank	PROPN
ejge-6999	258	11	of	of	ADP
ejge-6999	258	12	england	england	PROPN
ejge-6999	258	13	and	and	CCONJ
ejge-6999	258	14	chairman	chairman	NOUN
ejge-6999	258	15	of	of	ADP
ejge-6999	258	16	the	the	DET
ejge-6999	258	17	financial	financial	ADJ
ejge-6999	258	18	stability	stability	PROPN
ejge-6999	258	19	board	board	NOUN
ejge-6999	258	20	,	,	PUNCT
ejge-6999	258	21	at	at	ADP
ejge-6999	258	22	the	the	DET
ejge-6999	258	23	bank	bank	PROPN
ejge-6999	258	24	of	of	ADP
ejge-6999	258	25	england	england	PROPN
ejge-6999	258	26	,	,	PUNCT
ejge-6999	258	27	london	london	PROPN
ejge-6999	258	28	,	,	PUNCT
ejge-6999	258	29	30	30	NUM
ejge-6999	258	30	june	june	PROPN
ejge-6999	258	31	2016	2016	NUM
ejge-6999	258	32	.	.	PUNCT
ejge-6999	259	1	retrieved	retrieve	VERB
ejge-6999	259	2	from	from	ADP
ejge-6999	259	3	https://www.bankofengland.co.uk/speech/2016/	https://www.bankofengland.co.uk/speech/2016/	NOUN
ejge-6999	259	4	uncertainty	uncertainty	NOUN
ejge-6999	259	5	-	-	PUNCT
ejge-6999	259	6	the	the	DET
ejge-6999	259	7	-	-	PUNCT
ejge-6999	259	8	economy	economy	NOUN
ejge-6999	259	9	-	-	PUNCT
ejge-6999	259	10	and	and	CCONJ
ejge-6999	259	11	-	-	PUNCT
ejge-6999	259	12	policy	policy	NOUN
ejge-6999	259	13	castellanos	castellano	NOUN
ejge-6999	259	14	-	-	PUNCT
ejge-6999	259	15	garcía	garcía	ADJ
ejge-6999	259	16	,	,	PUNCT
ejge-6999	259	17	p.	p.	NOUN
ejge-6999	259	18	,	,	PUNCT
ejge-6999	259	19	pérez	pérez	NOUN
ejge-6999	259	20	-	-	PUNCT
ejge-6999	259	21	del	del	NOUN
ejge-6999	259	22	-	-	PUNCT
ejge-6999	259	23	río	río	NOUN
ejge-6999	259	24	,	,	PUNCT
ejge-6999	259	25	i.	i.	NOUN
ejge-6999	259	26	and	and	CCONJ
ejge-6999	259	27	sánchez	sánchez	PROPN
ejge-6999	259	28	-	-	PUNCT
ejge-6999	259	29	santos	santos	PROPN
ejge-6999	259	30	,	,	PUNCT
ejge-6999	259	31	j.m	j.m	PROPN
ejge-6999	259	32	.	.	PROPN
ejge-6999	259	33	(	(	PUNCT
ejge-6999	259	34	2014	2014	NUM
ejge-6999	259	35	)	)	PUNCT
ejge-6999	259	36	.	.	PUNCT
ejge-6999	260	1	european	european	PROPN
ejge-6999	260	2	journal	journal	PROPN
ejge-6999	260	3	of	of	ADP
ejge-6999	260	4	government	government	NOUN
ejge-6999	260	5	and	and	CCONJ
ejge-6999	260	6	economics	economic	NOUN
ejge-6999	260	7	3(2	3(2	NUM
ejge-6999	260	8	)	)	PUNCT
ejge-6999	260	9	,	,	PUNCT
ejge-6999	260	10	148	148	NUM
ejge-6999	260	11	-	-	SYM
ejge-6999	260	12	161	161	NUM
ejge-6999	260	13	.	.	PUNCT
ejge-6999	261	1	https://doi.org/10.17979/ejge.2014.3.2.4303	https://doi.org/10.17979/ejge.2014.3.2.4303	X
ejge-6999	261	2	cboe	cboe	PROPN
ejge-6999	261	3	(	(	PUNCT
ejge-6999	261	4	2019	2019	NUM
ejge-6999	261	5	)	)	PUNCT
ejge-6999	261	6	.	.	PUNCT
ejge-6999	262	1	white	white	PROPN
ejge-6999	262	2	paper	paper	PROPN
ejge-6999	262	3	.	.	PUNCT
ejge-6999	263	1	cboe	cboe	PROPN
ejge-6999	263	2	volatility	volatility	PROPN
ejge-6999	263	3	index	index	NOUN
ejge-6999	263	4	.	.	PUNCT
ejge-6999	264	1	retrieved	retrieve	VERB
ejge-6999	264	2	of	of	ADP
ejge-6999	264	3	https://cdn.cboe.com/resources/	https://cdn.cboe.com/resources/	PRON
ejge-6999	264	4	futures	future	NOUN
ejge-6999	264	5	/	/	SYM
ejge-6999	264	6	vixwhite.pdf	vixwhite.pdf	X
ejge-6999	264	7	chen	chen	PROPN
ejge-6999	264	8	,	,	PUNCT
ejge-6999	264	9	j.	j.	PROPN
ejge-6999	264	10	(	(	PUNCT
ejge-6999	264	11	2003	2003	NUM
ejge-6999	264	12	)	)	PUNCT
ejge-6999	264	13	.	.	PUNCT
ejge-6999	265	1	intertemporal	intertemporal	ADJ
ejge-6999	265	2	capm	capm	PROPN
ejge-6999	265	3	and	and	CCONJ
ejge-6999	265	4	the	the	DET
ejge-6999	265	5	cross	cross	NOUN
ejge-6999	265	6	section	section	NOUN
ejge-6999	265	7	of	of	ADP
ejge-6999	265	8	stock	stock	NOUN
ejge-6999	265	9	returns	return	NOUN
ejge-6999	265	10	.	.	PUNCT
ejge-6999	266	1	university	university	NOUN
ejge-6999	266	2	of	of	ADP
ejge-6999	266	3	california	california	PROPN
ejge-6999	266	4	davis	davis	PROPN
ejge-6999	266	5	,	,	PUNCT
ejge-6999	266	6	unpublished	unpublished	ADJ
ejge-6999	266	7	paper	paper	NOUN
ejge-6999	266	8	.	.	PUNCT
ejge-6999	267	1	https://doi.org/10.2139/ssrn.301918	https://doi.org/10.2139/ssrn.301918	PROPN
ejge-6999	267	2	chen	chen	PROPN
ejge-6999	267	3	,	,	PUNCT
ejge-6999	267	4	x.	x.	PROPN
ejge-6999	267	5	,	,	PUNCT
ejge-6999	267	6	ghysels	ghysels	PROPN
ejge-6999	267	7	,	,	PUNCT
ejge-6999	267	8	e.	e.	PROPN
ejge-6999	267	9	and	and	CCONJ
ejge-6999	267	10	wang	wang	PROPN
ejge-6999	267	11	,	,	PUNCT
ejge-6999	267	12	f.	f.	PROPN
ejge-6999	267	13	(	(	PUNCT
ejge-6999	267	14	2015	2015	NUM
ejge-6999	267	15	)	)	PUNCT
ejge-6999	267	16	.	.	PUNCT
ejge-6999	268	1	hybrid	hybrid	ADJ
ejge-6999	268	2	-	-	PUNCT
ejge-6999	268	3	garch	garch	NOUN
ejge-6999	268	4	:	:	PUNCT
ejge-6999	268	5	a	a	DET
ejge-6999	268	6	generic	generic	ADJ
ejge-6999	268	7	class	class	NOUN
ejge-6999	268	8	of	of	ADP
ejge-6999	268	9	models	model	NOUN
ejge-6999	268	10	for	for	ADP
ejge-6999	268	11	volatility	volatility	NOUN
ejge-6999	268	12	predictions	prediction	NOUN
ejge-6999	268	13	using	use	VERB
ejge-6999	268	14	high	high	ADJ
ejge-6999	268	15	frequency	frequency	NOUN
ejge-6999	268	16	data	datum	NOUN
ejge-6999	268	17	.	.	PUNCT
ejge-6999	269	1	statistica	statistica	PROPN
ejge-6999	269	2	sinica	sinica	PROPN
ejge-6999	269	3	25(2	25(2	PROPN
ejge-6999	269	4	)	)	PUNCT
ejge-6999	269	5	,	,	PUNCT
ejge-6999	269	6	759	759	NUM
ejge-6999	269	7	-	-	SYM
ejge-6999	269	8	786	786	NUM
ejge-6999	269	9	.	.	PUNCT
ejge-6999	270	1	https://doi.org/	https://doi.org/	NOUN
ejge-6999	270	2	10.5705	10.5705	NUM
ejge-6999	270	3	/	/	SYM
ejge-6999	270	4	ss.2012.283	ss.2012.283	PROPN
ejge-6999	270	5	coleman	coleman	PROPN
ejge-6999	270	6	,	,	PUNCT
ejge-6999	270	7	s.	s.	PROPN
ejge-6999	270	8	,	,	PUNCT
ejge-6999	270	9	leone	leone	PROPN
ejge-6999	270	10	,	,	PUNCT
ejge-6999	270	11	v.	v.	PROPN
ejge-6999	270	12	and	and	CCONJ
ejge-6999	270	13	medeiros	medeiros	PROPN
ejge-6999	270	14	,	,	PUNCT
ejge-6999	270	15	o.r	o.r	PROPN
ejge-6999	270	16	.	.	PROPN
ejge-6999	270	17	(	(	PUNCT
ejge-6999	270	18	2018	2018	NUM
ejge-6999	270	19	)	)	PUNCT
ejge-6999	270	20	.	.	PUNCT
ejge-6999	271	1	latin	latin	PROPN
ejge-6999	271	2	american	american	ADJ
ejge-6999	271	3	stock	stock	NOUN
ejge-6999	271	4	market	market	NOUN
ejge-6999	271	5	dynamics	dynamic	NOUN
ejge-6999	271	6	and	and	CCONJ
ejge-6999	271	7	comovement	comovement	NOUN
ejge-6999	271	8	.	.	PUNCT
ejge-6999	272	1	international	international	ADJ
ejge-6999	272	2	journal	journal	PROPN
ejge-6999	272	3	of	of	ADP
ejge-6999	272	4	finance	finance	NOUN
ejge-6999	272	5	and	and	CCONJ
ejge-6999	272	6	economics	economic	NOUN
ejge-6999	272	7	24(3	24(3	NUM
ejge-6999	272	8	)	)	PUNCT
ejge-6999	272	9	,	,	PUNCT
ejge-6999	272	10	1109	1109	NUM
ejge-6999	272	11	-	-	SYM
ejge-6999	272	12	1129	1129	NUM
ejge-6999	272	13	.	.	PUNCT
ejge-6999	273	1	dixit	dixit	PROPN
ejge-6999	273	2	,	,	PUNCT
ejge-6999	273	3	a.k	a.k	PROPN
ejge-6999	273	4	.	.	PROPN
ejge-6999	273	5	and	and	CCONJ
ejge-6999	273	6	pindyck	pindyck	PROPN
ejge-6999	273	7	,	,	PUNCT
ejge-6999	273	8	r.s	r.s	PROPN
ejge-6999	273	9	.	.	PROPN
ejge-6999	273	10	(	(	PUNCT
ejge-6999	273	11	1994	1994	NUM
ejge-6999	273	12	)	)	PUNCT
ejge-6999	273	13	.	.	PUNCT
ejge-6999	274	1	investment	investment	NOUN
ejge-6999	274	2	under	under	ADP
ejge-6999	274	3	uncertainty	uncertainty	NOUN
ejge-6999	274	4	(	(	PUNCT
ejge-6999	274	5	pp	pp	ADJ
ejge-6999	274	6	.	.	PUNCT
ejge-6999	275	1	11	11	NUM
ejge-6999	275	2	-	-	SYM
ejge-6999	275	3	14	14	NUM
ejge-6999	275	4	)	)	PUNCT
ejge-6999	275	5	.	.	PUNCT
ejge-6999	276	1	princeton	princeton	PROPN
ejge-6999	276	2	university	university	PROPN
ejge-6999	276	3	press	press	NOUN
ejge-6999	276	4	,	,	PUNCT
ejge-6999	276	5	nueva	nueva	PROPN
ejge-6999	276	6	jersey	jersey	PROPN
ejge-6999	276	7	.	.	PUNCT
ejge-6999	277	1	https://doi.org/10.1515/9781400830176	https://doi.org/10.1515/9781400830176	NOUN
ejge-6999	277	2	durnev	durnev	PROPN
ejge-6999	277	3	,	,	PUNCT
ejge-6999	277	4	a.	a.	NOUN
ejge-6999	277	5	(	(	PUNCT
ejge-6999	277	6	2010	2010	NUM
ejge-6999	277	7	)	)	PUNCT
ejge-6999	277	8	.	.	PUNCT
ejge-6999	278	1	the	the	DET
ejge-6999	278	2	real	real	ADJ
ejge-6999	278	3	effects	effect	NOUN
ejge-6999	278	4	of	of	ADP
ejge-6999	278	5	political	political	ADJ
ejge-6999	278	6	uncertainty	uncertainty	NOUN
ejge-6999	278	7	:	:	PUNCT
ejge-6999	278	8	elections	election	NOUN
ejge-6999	278	9	and	and	CCONJ
ejge-6999	278	10	investment	investment	NOUN
ejge-6999	278	11	sensitivity	sensitivity	NOUN
ejge-6999	278	12	to	to	ADP
ejge-6999	278	13	stock	stock	NOUN
ejge-6999	278	14	prices	price	NOUN
ejge-6999	278	15	.	.	PUNCT
ejge-6999	279	1	mcgill	mcgill	PROPN
ejge-6999	279	2	university	university	PROPN
ejge-6999	279	3	,	,	PUNCT
ejge-6999	279	4	working	work	VERB
ejge-6999	279	5	paper	paper	NOUN
ejge-6999	279	6	22	22	NUM
ejge-6999	279	7	december	december	PROPN
ejge-6999	279	8	2010	2010	NUM
ejge-6999	279	9	.	.	PUNCT
ejge-6999	280	1	https://doi.org/	https://doi.org/	VERB
ejge-6999	280	2	10.2139	10.2139	NUM
ejge-6999	280	3	/	/	SYM
ejge-6999	280	4	ssrn.1695382	ssrn.1695382	PROPN
ejge-6999	280	5	engle	engle	PROPN
ejge-6999	280	6	,	,	PUNCT
ejge-6999	280	7	r.f	r.f	PROPN
ejge-6999	280	8	.	.	PROPN
ejge-6999	280	9	and	and	CCONJ
ejge-6999	280	10	granger	granger	PROPN
ejge-6999	280	11	,	,	PUNCT
ejge-6999	280	12	c.w.j	c.w.j	NOUN
ejge-6999	280	13	.	.	PUNCT
ejge-6999	280	14	(	(	PUNCT
ejge-6999	280	15	1987	1987	NUM
ejge-6999	280	16	)	)	PUNCT
ejge-6999	280	17	.	.	PUNCT
ejge-6999	281	1	cointegration	cointegration	NOUN
ejge-6999	281	2	and	and	CCONJ
ejge-6999	281	3	error	error	NOUN
ejge-6999	281	4	correction	correction	NOUN
ejge-6999	281	5	:	:	PUNCT
ejge-6999	281	6	representation	representation	NOUN
ejge-6999	281	7	,	,	PUNCT
ejge-6999	281	8	estimation	estimation	NOUN
ejge-6999	281	9	and	and	CCONJ
ejge-6999	281	10	testing	testing	NOUN
ejge-6999	281	11	.	.	PUNCT
ejge-6999	282	1	econometrica	econometrica	PROPN
ejge-6999	282	2	55(2	55(2	NUM
ejge-6999	282	3	)	)	PUNCT
ejge-6999	282	4	,	,	PUNCT
ejge-6999	282	5	251	251	NUM
ejge-6999	282	6	-	-	SYM
ejge-6999	282	7	276	276	NUM
ejge-6999	282	8	.	.	PUNCT
ejge-6999	283	1	https://doi.org/10.2307/1913236	https://doi.org/10.2307/1913236	NUM
ejge-6999	283	2	erb	erb	PROPN
ejge-6999	283	3	,	,	PUNCT
ejge-6999	283	4	c.b	c.b	PROPN
ejge-6999	283	5	.	.	PROPN
ejge-6999	283	6	,	,	PUNCT
ejge-6999	283	7	harvey	harvey	PROPN
ejge-6999	283	8	,	,	PUNCT
ejge-6999	283	9	c.r	c.r	PROPN
ejge-6999	283	10	.	.	PROPN
ejge-6999	283	11	and	and	CCONJ
ejge-6999	283	12	viskanta	viskanta	VERB
ejge-6999	283	13	,	,	PUNCT
ejge-6999	283	14	t.e	t.e	PROPN
ejge-6999	283	15	.	.	PUNCT
ejge-6999	283	16	(	(	PUNCT
ejge-6999	283	17	1996	1996	NUM
ejge-6999	283	18	)	)	PUNCT
ejge-6999	283	19	.	.	PUNCT
ejge-6999	284	1	expected	expect	VERB
ejge-6999	284	2	returns	return	NOUN
ejge-6999	284	3	and	and	CCONJ
ejge-6999	284	4	volatility	volatility	NOUN
ejge-6999	284	5	in	in	ADP
ejge-6999	284	6	135	135	NUM
ejge-6999	284	7	countries	country	NOUN
ejge-6999	284	8	.	.	PUNCT
ejge-6999	285	1	the	the	DET
ejge-6999	285	2	journal	journal	PROPN
ejge-6999	285	3	of	of	ADP
ejge-6999	285	4	portfolio	portfolio	NOUN
ejge-6999	285	5	management	management	NOUN
ejge-6999	285	6	22(3	22(3	NUM
ejge-6999	285	7	)	)	PUNCT
ejge-6999	285	8	,	,	PUNCT
ejge-6999	285	9	46	46	NUM
ejge-6999	285	10	-	-	SYM
ejge-6999	285	11	58	58	NUM
ejge-6999	285	12	.	.	PUNCT
ejge-6999	286	1	https://doi.org/10.2139/	https://doi.org/10.2139/	PROPN
ejge-6999	286	2	ssrn.871253	ssrn.871253	PROPN
ejge-6999	286	3	farago	farago	PROPN
ejge-6999	286	4	,	,	PUNCT
ejge-6999	286	5	a.	a.	NOUN
ejge-6999	286	6	and	and	CCONJ
ejge-6999	286	7	tédongap	tédongap	NOUN
ejge-6999	286	8	,	,	PUNCT
ejge-6999	286	9	r.	r.	PROPN
ejge-6999	286	10	(	(	PUNCT
ejge-6999	286	11	2018	2018	NUM
ejge-6999	286	12	)	)	PUNCT
ejge-6999	286	13	.	.	PUNCT
ejge-6999	287	1	downside	downside	ADJ
ejge-6999	287	2	risks	risk	NOUN
ejge-6999	287	3	and	and	CCONJ
ejge-6999	287	4	the	the	DET
ejge-6999	287	5	cross	cross	NOUN
ejge-6999	287	6	-	-	NOUN
ejge-6999	287	7	section	section	NOUN
ejge-6999	287	8	of	of	ADP
ejge-6999	287	9	asset	asset	NOUN
ejge-6999	287	10	returns	return	NOUN
ejge-6999	287	11	.	.	PUNCT
ejge-6999	288	1	journal	journal	NOUN
ejge-6999	288	2	of	of	ADP
ejge-6999	288	3	financial	financial	ADJ
ejge-6999	288	4	economics	economic	NOUN
ejge-6999	288	5	129(1	129(1	NUM
ejge-6999	288	6	)	)	PUNCT
ejge-6999	288	7	,	,	PUNCT
ejge-6999	288	8	69	69	NUM
ejge-6999	288	9	-	-	SYM
ejge-6999	288	10	86	86	NUM
ejge-6999	288	11	.	.	PUNCT
ejge-6999	289	1	https://doi.org/10.1016/j.jfineco.2018.03.010	https://doi.org/10.1016/j.jfineco.2018.03.010	PROPN
ejge-6999	289	2	federal	federal	PROPN
ejge-6999	289	3	open	open	ADJ
ejge-6999	289	4	market	market	NOUN
ejge-6999	289	5	committee	committee	NOUN
ejge-6999	289	6	.	.	PUNCT
ejge-6999	290	1	meeting	meeting	NOUN
ejge-6999	290	2	diciembre	diciembre	PROPN
ejge-6999	290	3	2009	2009	NUM
ejge-6999	290	4	.	.	PUNCT
ejge-6999	291	1	retrieved	retrieve	VERB
ejge-6999	291	2	from	from	ADP
ejge-6999	291	3	http://www.federalreserve.gov/monetarypolicy/fomcminutes20091216.htm	http://www.federalreserve.gov/monetarypolicy/fomcminutes20091216.htm	PROPN
ejge-6999	291	4	fernández	fernández	PROPN
ejge-6999	291	5	-	-	PUNCT
ejge-6999	291	6	villaverde	villaverde	ADJ
ejge-6999	291	7	,	,	PUNCT
ejge-6999	291	8	j.	j.	PROPN
ejge-6999	291	9	,	,	PUNCT
ejge-6999	291	10	guerrón	guerrón	NOUN
ejge-6999	291	11	-	-	PUNCT
ejge-6999	291	12	quintana	quintana	PROPN
ejge-6999	291	13	,	,	PUNCT
ejge-6999	291	14	p.	p.	NOUN
ejge-6999	291	15	,	,	PUNCT
ejge-6999	291	16	kuester	kuester	NOUN
ejge-6999	291	17	,	,	PUNCT
ejge-6999	291	18	k.	k.	PROPN
ejge-6999	291	19	and	and	CCONJ
ejge-6999	291	20	rubio	rubio	NOUN
ejge-6999	291	21	-	-	PUNCT
ejge-6999	291	22	ramírez	ramírez	NOUN
ejge-6999	291	23	,	,	PUNCT
ejge-6999	291	24	j.	j.	PROPN
ejge-6999	291	25	(	(	PUNCT
ejge-6999	291	26	2015	2015	NUM
ejge-6999	291	27	)	)	PUNCT
ejge-6999	291	28	.	.	PUNCT
ejge-6999	292	1	fiscal	fiscal	ADJ
ejge-6999	292	2	volatility	volatility	NOUN
ejge-6999	292	3	shocks	shock	NOUN
ejge-6999	292	4	and	and	CCONJ
ejge-6999	292	5	economic	economic	ADJ
ejge-6999	292	6	activity	activity	NOUN
ejge-6999	292	7	.	.	PUNCT
ejge-6999	293	1	american	american	PROPN
ejge-6999	293	2	economic	economic	PROPN
ejge-6999	293	3	review	review	PROPN
ejge-6999	293	4	105(11	105(11	NUM
ejge-6999	293	5	)	)	PUNCT
ejge-6999	293	6	,	,	PUNCT
ejge-6999	293	7	3352	3352	NUM
ejge-6999	293	8	-	-	SYM
ejge-6999	293	9	3384	3384	NUM
ejge-6999	293	10	.	.	PUNCT
ejge-6999	294	1	https://doi.org/10.1257/aer.20121236	https://doi.org/10.1257/aer.20121236	ADJ
ejge-6999	294	2	friedman	friedman	PROPN
ejge-6999	294	3	,	,	PUNCT
ejge-6999	294	4	m.	m.	NOUN
ejge-6999	294	5	(	(	PUNCT
ejge-6999	294	6	1968	1968	NUM
ejge-6999	294	7	)	)	PUNCT
ejge-6999	294	8	.	.	PUNCT
ejge-6999	295	1	the	the	DET
ejge-6999	295	2	role	role	NOUN
ejge-6999	295	3	of	of	ADP
ejge-6999	295	4	monetary	monetary	ADJ
ejge-6999	295	5	policy	policy	NOUN
ejge-6999	295	6	.	.	PUNCT
ejge-6999	296	1	the	the	DET
ejge-6999	296	2	american	american	PROPN
ejge-6999	296	3	economic	economic	PROPN
ejge-6999	296	4	review	review	PROPN
ejge-6999	296	5	58(1	58(1	NOUN
ejge-6999	296	6	)	)	PUNCT
ejge-6999	296	7	,	,	PUNCT
ejge-6999	296	8	1	1	NUM
ejge-6999	296	9	-	-	SYM
ejge-6999	296	10	17	17	NUM
ejge-6999	296	11	.	.	PUNCT
ejge-6999	297	1	recuperado	recuperado	PROPN
ejge-6999	297	2	de	de	PROPN
ejge-6999	297	3	https://www.jstor.org/stable/1831652?origin=jstor-pdf&seq=1	https://www.jstor.org/stable/1831652?origin=jstor-pdf&seq=1	PROPN
ejge-6999	297	4	giavazzi	giavazzi	NOUN
ejge-6999	297	5	,	,	PUNCT
ejge-6999	297	6	f.	f.	PROPN
ejge-6999	297	7	and	and	CCONJ
ejge-6999	297	8	mcmahon	mcmahon	PROPN
ejge-6999	297	9	,	,	PUNCT
ejge-6999	297	10	m.	m.	NOUN
ejge-6999	297	11	(	(	PUNCT
ejge-6999	297	12	2012	2012	NUM
ejge-6999	297	13	)	)	PUNCT
ejge-6999	297	14	.	.	PUNCT
ejge-6999	298	1	policy	policy	NOUN
ejge-6999	298	2	uncertainty	uncertainty	NOUN
ejge-6999	298	3	and	and	CCONJ
ejge-6999	298	4	household	household	NOUN
ejge-6999	298	5	savings	saving	NOUN
ejge-6999	298	6	.	.	PUNCT
ejge-6999	299	1	the	the	DET
ejge-6999	299	2	review	review	NOUN
ejge-6999	299	3	of	of	ADP
ejge-6999	299	4	economics	economic	NOUN
ejge-6999	299	5	and	and	CCONJ
ejge-6999	299	6	statistics	statistic	NOUN
ejge-6999	299	7	94(2	94(2	NUM
ejge-6999	299	8	)	)	PUNCT
ejge-6999	299	9	,	,	PUNCT
ejge-6999	299	10	517	517	NUM
ejge-6999	299	11	-	-	SYM
ejge-6999	299	12	531	531	NUM
ejge-6999	299	13	.	.	PUNCT
ejge-6999	300	1	https://doi.org/10.1162/rest_a_00158	https://doi.org/10.1162/rest_a_00158	PROPN
ejge-6999	300	2	https://doi.org/10.1111/j.1467-937x.2007.00426.x	https://doi.org/10.1111/j.1467-937x.2007.00426.x	PRON
ejge-6999	300	3	https://doi.org/10.1111/j.1467-937x.2007.00426.x	https://doi.org/10.1111/j.1467-937x.2007.00426.x	X
ejge-6999	301	1	https://doi.org/10.1016/j.jmoneco.2014.07.012	https://doi.org/10.1016/j.jmoneco.2014.07.012	PROPN
ejge-6999	301	2	https://doi.org/10.1093/rfs/hhr100	https://doi.org/10.1093/rfs/hhr100	VERB
ejge-6999	301	3	https://doi.org/10.1093/rfs/hhr100	https://doi.org/10.1093/rfs/hhr100	PROPN
ejge-6999	301	4	https://doi.org/10.1287/mnsc.2014.2044	https://doi.org/10.1287/mnsc.2014.2044	PROPN
ejge-6999	301	5	https://doi.org/10.1287/mnsc.2014.2044	https://doi.org/10.1287/mnsc.2014.2044	PROPN
ejge-6999	301	6	http://www.caixabankresearch.com/	http://www.caixabankresearch.com/	NOUN
ejge-6999	301	7	https://doi.org/10.17016/ifdp.2018.1222	https://doi.org/10.17016/ifdp.2018.1222	PROPN
ejge-6999	301	8	https://doi.org/10.3386/w3989	https://doi.org/10.3386/w3989	PROPN
ejge-6999	301	9	https://doi.org/10.1086/262026	https://doi.org/10.1086/262026	VERB
ejge-6999	302	1	https://www.bankofengland.co.uk/speech/2016/uncertainty-the-economy-and-policy	https://www.bankofengland.co.uk/speech/2016/uncertainty-the-economy-and-policy	PROPN
ejge-6999	302	2	https://www.bankofengland.co.uk/speech/2016/uncertainty-the-economy-and-policy	https://www.bankofengland.co.uk/speech/2016/uncertainty-the-economy-and-policy	PROPN
ejge-6999	302	3	https://doi.org/10.17979/ejge.2014.3.2.4303	https://doi.org/10.17979/ejge.2014.3.2.4303	PRON
ejge-6999	302	4	https://cdn.cboe.com/resources/futures/vixwhite.pdf	https://cdn.cboe.com/resources/futures/vixwhite.pdf	NOUN
ejge-6999	302	5	https://cdn.cboe.com/resources/futures/vixwhite.pdf	https://cdn.cboe.com/resources/futures/vixwhite.pdf	VERB
ejge-6999	302	6	https://doi.org/10.2139/ssrn.301918	https://doi.org/10.2139/ssrn.301918	PROPN
ejge-6999	302	7	https://doi.org/10.5705/ss.2012.283	https://doi.org/10.5705/ss.2012.283	NOUN
ejge-6999	302	8	https://doi.org/10.5705/ss.2012.283	https://doi.org/10.5705/ss.2012.283	NOUN
ejge-6999	302	9	https://doi.org/10.1515/9781400830176	https://doi.org/10.1515/9781400830176	NOUN
ejge-6999	302	10	https://doi.org/10.2139/ssrn.1695382	https://doi.org/10.2139/ssrn.1695382	ADJ
ejge-6999	302	11	https://doi.org/10.2139/ssrn.1695382	https://doi.org/10.2139/ssrn.1695382	ADJ
ejge-6999	302	12	https://doi.org/10.2307/1913236	https://doi.org/10.2307/1913236	ADJ
ejge-6999	302	13	https://doi.org/10.2139/ssrn.871253	https://doi.org/10.2139/ssrn.871253	NOUN
ejge-6999	302	14	https://doi.org/10.2139/ssrn.871253	https://doi.org/10.2139/ssrn.871253	NOUN
ejge-6999	302	15	https://doi.org/10.1016/j.jfineco.2018.03.010	https://doi.org/10.1016/j.jfineco.2018.03.010	PROPN
ejge-6999	302	16	http://www.federalreserve.gov/monetarypolicy/fomcminutes20091216.htm	http://www.federalreserve.gov/monetarypolicy/fomcminutes20091216.htm	VERB
ejge-6999	303	1	https://doi.org/10.1257/aer.20121236	https://doi.org/10.1257/aer.20121236	PROPN
ejge-6999	303	2	https://www.jstor.org/stable/1831652?origin=jstor-pdf&seq=1	https://www.jstor.org/stable/1831652?origin=jstor-pdf&seq=1	NUM
ejge-6999	303	3	https://doi.org/10.1162/rest_a_00158	https://doi.org/10.1162/rest_a_00158	NOUN
ejge-6999	304	1	mary	mary	PROPN
ejge-6999	304	2	elena	elena	PROPN
ejge-6999	304	3	sánchez	sánchez	PROPN
ejge-6999	304	4	-	-	PUNCT
ejge-6999	304	5	gabarre	gabarre	PROPN
ejge-6999	304	6	/	/	SYM
ejge-6999	304	7	european	european	ADJ
ejge-6999	304	8	journal	journal	PROPN
ejge-6999	304	9	of	of	ADP
ejge-6999	304	10	government	government	NOUN
ejge-6999	304	11	and	and	CCONJ
ejge-6999	304	12	economics	economic	NOUN
ejge-6999	304	13	9(3	9(3	NUM
ejge-6999	304	14	)	)	PUNCT
ejge-6999	304	15	,	,	PUNCT
ejge-6999	304	16	december	december	PROPN
ejge-6999	304	17	2020	2020	NUM
ejge-6999	304	18	,	,	PUNCT
ejge-6999	304	19	265	265	NUM
ejge-6999	304	20	-	-	SYM
ejge-6999	304	21	279	279	NUM
ejge-6999	304	22	278	278	NUM
ejge-6999	304	23	gregory	gregory	NOUN
ejge-6999	304	24	,	,	PUNCT
ejge-6999	304	25	w.a	w.a	PROPN
ejge-6999	304	26	.	.	PROPN
ejge-6999	304	27	and	and	CCONJ
ejge-6999	304	28	hansen	hansen	PROPN
ejge-6999	304	29	,	,	PUNCT
ejge-6999	304	30	e.b	e.b	PROPN
ejge-6999	304	31	.	.	PUNCT
ejge-6999	304	32	(	(	PUNCT
ejge-6999	304	33	1996	1996	NUM
ejge-6999	304	34	)	)	PUNCT
ejge-6999	304	35	.	.	PUNCT
ejge-6999	305	1	residual	residual	ADJ
ejge-6999	305	2	-	-	PUNCT
ejge-6999	305	3	based	base	VERB
ejge-6999	305	4	test	test	NOUN
ejge-6999	305	5	for	for	ADP
ejge-6999	305	6	cointegration	cointegration	NOUN
ejge-6999	305	7	in	in	ADP
ejge-6999	305	8	models	model	NOUN
ejge-6999	305	9	with	with	ADP
ejge-6999	305	10	regime	regime	NOUN
ejge-6999	305	11	shifts	shift	NOUN
ejge-6999	305	12	.	.	PUNCT
ejge-6999	306	1	journal	journal	NOUN
ejge-6999	306	2	of	of	ADP
ejge-6999	306	3	econometrics	econometrics	PROPN
ejge-6999	306	4	70(1	70(1	NOUN
ejge-6999	306	5	)	)	PUNCT
ejge-6999	306	6	,	,	PUNCT
ejge-6999	306	7	99	99	NUM
ejge-6999	306	8	-	-	SYM
ejge-6999	306	9	126	126	NUM
ejge-6999	306	10	.	.	PUNCT
ejge-6999	306	11	https://doi.org/10.1016/0304-4076(69	https://doi.org/10.1016/0304-4076(69	PROPN
ejge-6999	306	12	)	)	PUNCT
ejge-6999	306	13	41685	41685	NUM
ejge-6999	306	14	-	-	SYM
ejge-6999	306	15	7	7	NUM
ejge-6999	306	16	hassett	hassett	NOUN
ejge-6999	306	17	,	,	PUNCT
ejge-6999	306	18	k.a	k.a	PROPN
ejge-6999	306	19	.	.	PROPN
ejge-6999	306	20	and	and	CCONJ
ejge-6999	306	21	metcalf	metcalf	PROPN
ejge-6999	306	22	,	,	PUNCT
ejge-6999	306	23	g.e	g.e	PROPN
ejge-6999	306	24	.	.	PUNCT
ejge-6999	306	25	(	(	PUNCT
ejge-6999	306	26	1999	1999	NUM
ejge-6999	306	27	)	)	PUNCT
ejge-6999	306	28	.	.	PUNCT
ejge-6999	307	1	investment	investment	NOUN
ejge-6999	307	2	with	with	ADP
ejge-6999	307	3	uncertain	uncertain	ADJ
ejge-6999	307	4	tax	tax	NOUN
ejge-6999	307	5	policy	policy	NOUN
ejge-6999	307	6	:	:	PUNCT
ejge-6999	307	7	does	do	VERB
ejge-6999	307	8	random	random	ADJ
ejge-6999	307	9	tax	tax	NOUN
ejge-6999	307	10	policy	policy	NOUN
ejge-6999	307	11	discourage	discourage	NOUN
ejge-6999	307	12	investment	investment	NOUN
ejge-6999	307	13	?	?	PUNCT
ejge-6999	308	1	the	the	DET
ejge-6999	308	2	economic	economic	ADJ
ejge-6999	308	3	journal	journal	NOUN
ejge-6999	308	4	109(july	109(july	NUM
ejge-6999	308	5	)	)	PUNCT
ejge-6999	308	6	,	,	PUNCT
ejge-6999	308	7	372–393	372–393	NUM
ejge-6999	308	8	.	.	PUNCT
ejge-6999	308	9	https://doi.org/10.1111/1468-0297.00453	https://doi.org/10.1111/1468-0297.00453	PROPN
ejge-6999	308	10	higgs	higgs	PROPN
ejge-6999	308	11	,	,	PUNCT
ejge-6999	308	12	r.	r.	PROPN
ejge-6999	308	13	(	(	PUNCT
ejge-6999	308	14	1997	1997	NUM
ejge-6999	308	15	)	)	PUNCT
ejge-6999	308	16	.	.	PUNCT
ejge-6999	309	1	regime	regime	NOUN
ejge-6999	309	2	uncertainty	uncertainty	NOUN
ejge-6999	309	3	:	:	PUNCT
ejge-6999	309	4	why	why	SCONJ
ejge-6999	309	5	the	the	DET
ejge-6999	309	6	great	great	ADJ
ejge-6999	309	7	depression	depression	NOUN
ejge-6999	309	8	lasted	last	VERB
ejge-6999	309	9	so	so	ADV
ejge-6999	309	10	long	long	ADV
ejge-6999	309	11	and	and	CCONJ
ejge-6999	309	12	why	why	SCONJ
ejge-6999	309	13	prosperity	prosperity	NOUN
ejge-6999	309	14	resumed	resume	VERB
ejge-6999	309	15	after	after	ADP
ejge-6999	309	16	the	the	DET
ejge-6999	309	17	war	war	NOUN
ejge-6999	309	18	.	.	PUNCT
ejge-6999	310	1	independent	independent	ADJ
ejge-6999	310	2	review	review	NOUN
ejge-6999	310	3	1(4	1(4	NUM
ejge-6999	310	4	)	)	PUNCT
ejge-6999	310	5	,	,	PUNCT
ejge-6999	310	6	561	561	NUM
ejge-6999	310	7	-	-	SYM
ejge-6999	310	8	590	590	NUM
ejge-6999	310	9	.	.	PUNCT
ejge-6999	310	10	retrieved	retrieve	VERB
ejge-6999	310	11	from	from	ADP
ejge-6999	310	12	https://www.jstor.org/stable/24560785?seq=1	https://www.jstor.org/stable/24560785?seq=1	PROPN
ejge-6999	310	13	hollstein	hollstein	PROPN
ejge-6999	310	14	,	,	PUNCT
ejge-6999	310	15	f.	f.	PROPN
ejge-6999	310	16	and	and	CCONJ
ejge-6999	310	17	prokopczuk	prokopczuk	PROPN
ejge-6999	310	18	,	,	PUNCT
ejge-6999	310	19	m.	m.	NOUN
ejge-6999	310	20	(	(	PUNCT
ejge-6999	310	21	2018	2018	NUM
ejge-6999	310	22	)	)	PUNCT
ejge-6999	310	23	.	.	PUNCT
ejge-6999	311	1	how	how	SCONJ
ejge-6999	311	2	aggregate	aggregate	ADJ
ejge-6999	311	3	volatility	volatility	NOUN
ejge-6999	311	4	-	-	PUNCT
ejge-6999	311	5	of	of	ADP
ejge-6999	311	6	-	-	PUNCT
ejge-6999	311	7	volatility	volatility	NOUN
ejge-6999	311	8	affects	affect	VERB
ejge-6999	311	9	stock	stock	NOUN
ejge-6999	311	10	returns	return	NOUN
ejge-6999	311	11	.	.	PUNCT
ejge-6999	312	1	the	the	DET
ejge-6999	312	2	review	review	NOUN
ejge-6999	312	3	of	of	ADP
ejge-6999	312	4	asset	asset	NOUN
ejge-6999	312	5	pricing	pricing	NOUN
ejge-6999	312	6	studies	study	NOUN
ejge-6999	312	7	8(2	8(2	NUM
ejge-6999	312	8	)	)	PUNCT
ejge-6999	312	9	,	,	PUNCT
ejge-6999	312	10	253	253	NUM
ejge-6999	312	11	-	-	SYM
ejge-6999	312	12	292	292	NUM
ejge-6999	312	13	.	.	PUNCT
ejge-6999	313	1	https://doi.org/10.1093/rapstu/	https://doi.org/10.1093/rapstu/	AUX
ejge-6999	313	2	rax019	rax019	PROPN
ejge-6999	313	3	ilut	ilut	PROPN
ejge-6999	313	4	,	,	PUNCT
ejge-6999	313	5	c.l	c.l	PROPN
ejge-6999	313	6	.	.	PROPN
ejge-6999	313	7	and	and	CCONJ
ejge-6999	313	8	schneider	schneider	PROPN
ejge-6999	313	9	,	,	PUNCT
ejge-6999	313	10	m.	m.	NOUN
ejge-6999	313	11	(	(	PUNCT
ejge-6999	313	12	2014	2014	NUM
ejge-6999	313	13	)	)	PUNCT
ejge-6999	313	14	.	.	PUNCT
ejge-6999	314	1	ambiguous	ambiguous	ADJ
ejge-6999	314	2	business	business	NOUN
ejge-6999	314	3	cycles	cycle	NOUN
ejge-6999	314	4	.	.	PUNCT
ejge-6999	315	1	american	american	PROPN
ejge-6999	315	2	economic	economic	PROPN
ejge-6999	315	3	review	review	PROPN
ejge-6999	315	4	104(8	104(8	NUM
ejge-6999	315	5	)	)	PUNCT
ejge-6999	315	6	,	,	PUNCT
ejge-6999	315	7	2368	2368	NUM
ejge-6999	315	8	-	-	SYM
ejge-6999	315	9	99	99	NUM
ejge-6999	315	10	.	.	PUNCT
ejge-6999	316	1	https://doi.org/10.1257/aer.104.8.2368	https://doi.org/10.1257/aer.104.8.2368	PROPN
ejge-6999	316	2	imf	imf	PROPN
ejge-6999	316	3	.	.	PROPN
ejge-6999	317	1	world	world	PROPN
ejge-6999	317	2	economic	economic	ADJ
ejge-6999	317	3	outlook	outlook	NOUN
ejge-6999	317	4	:	:	PUNCT
ejge-6999	317	5	coping	cope	VERB
ejge-6999	317	6	with	with	ADP
ejge-6999	317	7	high	high	ADJ
ejge-6999	317	8	debt	debt	NOUN
ejge-6999	317	9	and	and	CCONJ
ejge-6999	317	10	sluggish	sluggish	ADJ
ejge-6999	317	11	growth	growth	NOUN
ejge-6999	317	12	.	.	PUNCT
ejge-6999	318	1	imf	imf	PROPN
ejge-6999	318	2	press	press	PROPN
ejge-6999	318	3	,	,	PUNCT
ejge-6999	318	4	october	october	PROPN
ejge-6999	318	5	2012	2012	NUM
ejge-6999	318	6	.	.	PUNCT
ejge-6999	319	1	imf	imf	PROPN
ejge-6999	319	2	.	.	PROPN
ejge-6999	319	3	world	world	PROPN
ejge-6999	319	4	economic	economic	ADJ
ejge-6999	319	5	outlook	outlook	NOUN
ejge-6999	319	6	:	:	PUNCT
ejge-6999	319	7	hopes	hope	NOUN
ejge-6999	319	8	,	,	PUNCT
ejge-6999	319	9	realities	reality	NOUN
ejge-6999	319	10	,	,	PUNCT
ejge-6999	319	11	risks	risk	NOUN
ejge-6999	319	12	.	.	PUNCT
ejge-6999	320	1	imf	imf	PROPN
ejge-6999	320	2	press	press	PROPN
ejge-6999	320	3	,	,	PUNCT
ejge-6999	320	4	april	april	PROPN
ejge-6999	320	5	2013	2013	NUM
ejge-6999	320	6	.	.	PUNCT
ejge-6999	321	1	julio	julio	PROPN
ejge-6999	321	2	,	,	PUNCT
ejge-6999	321	3	b.	b.	PROPN
ejge-6999	321	4	and	and	CCONJ
ejge-6999	321	5	yook	yook	NOUN
ejge-6999	321	6	,	,	PUNCT
ejge-6999	321	7	y.	y.	PROPN
ejge-6999	321	8	(	(	PUNCT
ejge-6999	321	9	2012	2012	NUM
ejge-6999	321	10	)	)	PUNCT
ejge-6999	321	11	.	.	PUNCT
ejge-6999	322	1	political	political	ADJ
ejge-6999	322	2	uncertainty	uncertainty	NOUN
ejge-6999	322	3	and	and	CCONJ
ejge-6999	322	4	corporate	corporate	ADJ
ejge-6999	322	5	investment	investment	NOUN
ejge-6999	322	6	cycles	cycle	NOUN
ejge-6999	322	7	.	.	PUNCT
ejge-6999	323	1	journal	journal	NOUN
ejge-6999	323	2	of	of	ADP
ejge-6999	323	3	finance	finance	NOUN
ejge-6999	323	4	67(1	67(1	NOUN
ejge-6999	323	5	)	)	PUNCT
ejge-6999	323	6	,	,	PUNCT
ejge-6999	323	7	45	45	NUM
ejge-6999	323	8	-	-	SYM
ejge-6999	323	9	83	83	NUM
ejge-6999	323	10	.	.	PUNCT
ejge-6999	324	1	https://doi.org/10.1111/j.1540-6261.2011.01707.x	https://doi.org/10.1111/j.1540-6261.2011.01707.x	ADJ
ejge-6999	324	2	kaeck	kaeck	NOUN
ejge-6999	324	3	,	,	PUNCT
ejge-6999	324	4	a.	a.	NOUN
ejge-6999	324	5	(	(	PUNCT
ejge-6999	324	6	2018	2018	NUM
ejge-6999	324	7	)	)	PUNCT
ejge-6999	324	8	.	.	PUNCT
ejge-6999	325	1	variance	variance	NOUN
ejge-6999	325	2	-	-	PUNCT
ejge-6999	325	3	of	of	ADP
ejge-6999	325	4	-	-	PUNCT
ejge-6999	325	5	variance	variance	NOUN
ejge-6999	325	6	risk	risk	NOUN
ejge-6999	325	7	premium	premium	NOUN
ejge-6999	325	8	,	,	PUNCT
ejge-6999	325	9	review	review	NOUN
ejge-6999	325	10	of	of	ADP
ejge-6999	325	11	finance	finance	NOUN
ejge-6999	325	12	.	.	PUNCT
ejge-6999	326	1	european	european	PROPN
ejge-6999	326	2	finance	finance	PROPN
ejge-6999	326	3	association	association	PROPN
ejge-6999	326	4	22(4	22(4	PROPN
ejge-6999	326	5	)	)	PUNCT
ejge-6999	326	6	,	,	PUNCT
ejge-6999	326	7	1549	1549	NUM
ejge-6999	326	8	-	-	SYM
ejge-6999	326	9	1579	1579	NUM
ejge-6999	326	10	.	.	PUNCT
ejge-6999	327	1	https://doi.org/10.1093/rof/rfx008	https://doi.org/10.1093/rof/rfx008	PROPN
ejge-6999	327	2	khan	khan	PROPN
ejge-6999	327	3	,	,	PUNCT
ejge-6999	327	4	j.	j.	PROPN
ejge-6999	327	5	and	and	CCONJ
ejge-6999	327	6	khan	khan	PROPN
ejge-6999	327	7	,	,	PUNCT
ejge-6999	327	8	i.	i.	PROPN
ejge-6999	327	9	(	(	PUNCT
ejge-6999	327	10	2018	2018	NUM
ejge-6999	327	11	)	)	PUNCT
ejge-6999	327	12	.	.	PUNCT
ejge-6999	328	1	the	the	DET
ejge-6999	328	2	impact	impact	NOUN
ejge-6999	328	3	of	of	ADP
ejge-6999	328	4	macroeconomic	macroeconomic	ADJ
ejge-6999	328	5	variables	variable	NOUN
ejge-6999	328	6	on	on	ADP
ejge-6999	328	7	stock	stock	NOUN
ejge-6999	328	8	prices	price	NOUN
ejge-6999	328	9	:	:	PUNCT
ejge-6999	328	10	a	a	DET
ejge-6999	328	11	case	case	NOUN
ejge-6999	328	12	study	study	NOUN
ejge-6999	328	13	of	of	ADP
ejge-6999	328	14	karachi	karachi	PROPN
ejge-6999	328	15	stock	stock	PROPN
ejge-6999	328	16	exchange	exchange	PROPN
ejge-6999	328	17	.	.	PUNCT
ejge-6999	329	1	business	business	NOUN
ejge-6999	329	2	and	and	CCONJ
ejge-6999	329	3	economics	economic	NOUN
ejge-6999	329	4	journal	journal	PROPN
ejge-6999	329	5	9(3	9(3	NUM
ejge-6999	329	6	)	)	PUNCT
ejge-6999	329	7	,	,	PUNCT
ejge-6999	329	8	1	1	NUM
ejge-6999	329	9	-	-	SYM
ejge-6999	329	10	8	8	NUM
ejge-6999	329	11	.	.	PUNCT
ejge-6999	330	1	https://doi.org/10.4172/2151-6219.1000365	https://doi.org/10.4172/2151-6219.1000365	PROPN
ejge-6999	330	2	koijen	koijen	PROPN
ejge-6999	330	3	,	,	PUNCT
ejge-6999	330	4	r.s.j	r.s.j	PROPN
ejge-6999	330	5	.	.	PROPN
ejge-6999	330	6	,	,	PUNCT
ejge-6999	330	7	philipson	philipson	PROPN
ejge-6999	330	8	,	,	PUNCT
ejge-6999	330	9	t.j	t.j	PROPN
ejge-6999	330	10	.	.	PROPN
ejge-6999	330	11	and	and	CCONJ
ejge-6999	330	12	uhlig	uhlig	PROPN
ejge-6999	330	13	,	,	PUNCT
ejge-6999	330	14	h.	h.	PROPN
ejge-6999	330	15	(	(	PUNCT
ejge-6999	330	16	2016	2016	NUM
ejge-6999	330	17	)	)	PUNCT
ejge-6999	330	18	.	.	PUNCT
ejge-6999	331	1	financial	financial	ADJ
ejge-6999	331	2	health	health	NOUN
ejge-6999	331	3	economics	economic	NOUN
ejge-6999	331	4	.	.	PUNCT
ejge-6999	332	1	econometrica	econometrica	PROPN
ejge-6999	332	2	84(1	84(1	NUM
ejge-6999	332	3	)	)	PUNCT
ejge-6999	332	4	,	,	PUNCT
ejge-6999	332	5	195	195	NUM
ejge-6999	332	6	-	-	SYM
ejge-6999	332	7	242	242	NUM
ejge-6999	332	8	.	.	PUNCT
ejge-6999	333	1	https://doi.org/10.3982/ecta11182	https://doi.org/10.3982/ecta11182	PROPN
ejge-6999	333	2	leduc	leduc	PROPN
ejge-6999	333	3	,	,	PUNCT
ejge-6999	333	4	s.	s.	PROPN
ejge-6999	333	5	and	and	CCONJ
ejge-6999	333	6	liu	liu	PROPN
ejge-6999	333	7	,	,	PUNCT
ejge-6999	333	8	z.	z.	PROPN
ejge-6999	333	9	(	(	PUNCT
ejge-6999	333	10	2015	2015	NUM
ejge-6999	333	11	)	)	PUNCT
ejge-6999	333	12	.	.	PUNCT
ejge-6999	334	1	uncertainty	uncertainty	NOUN
ejge-6999	334	2	shocks	shock	NOUN
ejge-6999	334	3	are	be	AUX
ejge-6999	334	4	aggregate	aggregate	ADJ
ejge-6999	334	5	demand	demand	NOUN
ejge-6999	334	6	shocks	shock	NOUN
ejge-6999	334	7	.	.	PUNCT
ejge-6999	335	1	federal	federal	PROPN
ejge-6999	335	2	reserve	reserve	PROPN
ejge-6999	335	3	bank	bank	PROPN
ejge-6999	335	4	of	of	ADP
ejge-6999	335	5	san	san	PROPN
ejge-6999	335	6	francisco	francisco	PROPN
ejge-6999	335	7	,	,	PUNCT
ejge-6999	335	8	working	work	VERB
ejge-6999	335	9	paper	paper	NOUN
ejge-6999	335	10	no	no	NOUN
ejge-6999	335	11	.	.	PROPN
ejge-6999	335	12	2012	2012	NUM
ejge-6999	335	13	-	-	SYM
ejge-6999	335	14	10	10	NUM
ejge-6999	335	15	.	.	PUNCT
ejge-6999	336	1	https://doi.org/10.24148/	https://doi.org/10.24148/	PROPN
ejge-6999	336	2	wp2012	wp2012	PROPN
ejge-6999	336	3	-	-	PUNCT
ejge-6999	336	4	10	10	NUM
ejge-6999	336	5	li	li	PROPN
ejge-6999	336	6	,	,	PUNCT
ejge-6999	336	7	j.	j.	PROPN
ejge-6999	336	8	and	and	CCONJ
ejge-6999	336	9	born	bear	VERB
ejge-6999	336	10	,	,	PUNCT
ejge-6999	336	11	j.a	j.a	PROPN
ejge-6999	336	12	.	.	PROPN
ejge-6999	336	13	(	(	PUNCT
ejge-6999	336	14	2006	2006	NUM
ejge-6999	336	15	)	)	PUNCT
ejge-6999	336	16	.	.	PUNCT
ejge-6999	337	1	presidential	presidential	ADJ
ejge-6999	337	2	election	election	NOUN
ejge-6999	337	3	uncertainty	uncertainty	NOUN
ejge-6999	337	4	and	and	CCONJ
ejge-6999	337	5	common	common	ADJ
ejge-6999	337	6	stock	stock	NOUN
ejge-6999	337	7	returns	return	NOUN
ejge-6999	337	8	in	in	ADP
ejge-6999	337	9	the	the	DET
ejge-6999	337	10	united	united	PROPN
ejge-6999	337	11	states	states	PROPN
ejge-6999	337	12	.	.	PUNCT
ejge-6999	338	1	the	the	DET
ejge-6999	338	2	journal	journal	NOUN
ejge-6999	338	3	of	of	ADP
ejge-6999	338	4	financial	financial	ADJ
ejge-6999	338	5	research	research	NOUN
ejge-6999	338	6	29(4	29(4	NOUN
ejge-6999	338	7	)	)	PUNCT
ejge-6999	338	8	,	,	PUNCT
ejge-6999	338	9	609	609	NUM
ejge-6999	338	10	-	-	SYM
ejge-6999	338	11	22	22	NUM
ejge-6999	338	12	.	.	PUNCT
ejge-6999	339	1	https://doi.org/10.1111/	https://doi.org/10.1111/	PROPN
ejge-6999	339	2	j.1475	j.1475	PROPN
ejge-6999	339	3	-	-	PUNCT
ejge-6999	339	4	6803.2006.00197.x	6803.2006.00197.x	NUM
ejge-6999	339	5	malkiel	malkiel	ADJ
ejge-6999	339	6	,	,	PUNCT
ejge-6999	339	7	b.g	b.g	PROPN
ejge-6999	339	8	.	.	PROPN
ejge-6999	339	9	and	and	CCONJ
ejge-6999	339	10	xu	xu	PROPN
ejge-6999	339	11	,	,	PUNCT
ejge-6999	339	12	y.	y.	PROPN
ejge-6999	339	13	(	(	PUNCT
ejge-6999	339	14	2006	2006	NUM
ejge-6999	339	15	)	)	PUNCT
ejge-6999	339	16	.	.	PUNCT
ejge-6999	340	1	idiosyncratic	idiosyncratic	ADJ
ejge-6999	340	2	risk	risk	NOUN
ejge-6999	340	3	and	and	CCONJ
ejge-6999	340	4	security	security	NOUN
ejge-6999	340	5	returns	return	NOUN
ejge-6999	340	6	.	.	PUNCT
ejge-6999	341	1	annual	annual	ADJ
ejge-6999	341	2	meetings	meeting	NOUN
ejge-6999	341	3	of	of	ADP
ejge-6999	341	4	the	the	DET
ejge-6999	341	5	american	american	PROPN
ejge-6999	341	6	finance	finance	PROPN
ejge-6999	341	7	association	association	PROPN
ejge-6999	341	8	.	.	PUNCT
ejge-6999	342	1	the	the	DET
ejge-6999	342	2	econometrics	econometrics	PROPN
ejge-6999	342	3	society	society	NOUN
ejge-6999	342	4	conference	conference	NOUN
ejge-6999	342	5	,	,	PUNCT
ejge-6999	342	6	working	working	NOUN
ejge-6999	342	7	paper	paper	NOUN
ejge-6999	342	8	.	.	PUNCT
ejge-6999	343	1	retrieved	retrieve	VERB
ejge-6999	343	2	from	from	ADP
ejge-6999	343	3	https://personal.utdallas.edu/~yexiaoxu/ivot_h.pdf	https://personal.utdallas.edu/~yexiaoxu/ivot_h.pdf	ADP
ejge-6999	343	4	markowitz	markowitz	PROPN
ejge-6999	343	5	,	,	PUNCT
ejge-6999	343	6	h.	h.	PROPN
ejge-6999	343	7	(	(	PUNCT
ejge-6999	343	8	1959	1959	NUM
ejge-6999	343	9	)	)	PUNCT
ejge-6999	343	10	.	.	PUNCT
ejge-6999	344	1	portfolio	portfolio	NOUN
ejge-6999	344	2	selection	selection	NOUN
ejge-6999	344	3	:	:	PUNCT
ejge-6999	344	4	efficient	efficient	ADJ
ejge-6999	344	5	diversification	diversification	NOUN
ejge-6999	344	6	of	of	ADP
ejge-6999	344	7	investments	investment	NOUN
ejge-6999	344	8	.	.	PUNCT
ejge-6999	345	1	yale	yale	PROPN
ejge-6999	345	2	university	university	PROPN
ejge-6999	345	3	press	press	NOUN
ejge-6999	345	4	.	.	PUNCT
ejge-6999	346	1	retrieved	retrieve	VERB
ejge-6999	346	2	from	from	ADP
ejge-6999	346	3	https://www.jstor.org/stable/j.ctt1bh4c8h	https://www.jstor.org/stable/j.ctt1bh4c8h	PROPN
ejge-6999	346	4	merton	merton	PROPN
ejge-6999	346	5	,	,	PUNCT
ejge-6999	346	6	r.c	r.c	PROPN
ejge-6999	346	7	.	.	PROPN
ejge-6999	346	8	(	(	PUNCT
ejge-6999	346	9	1973	1973	NUM
ejge-6999	346	10	)	)	PUNCT
ejge-6999	346	11	.	.	PUNCT
ejge-6999	347	1	theory	theory	NOUN
ejge-6999	347	2	of	of	ADP
ejge-6999	347	3	rational	rational	ADJ
ejge-6999	347	4	option	option	NOUN
ejge-6999	347	5	pricing	pricing	NOUN
ejge-6999	347	6	.	.	PUNCT
ejge-6999	348	1	the	the	DET
ejge-6999	348	2	bell	bell	PROPN
ejge-6999	348	3	journal	journal	PROPN
ejge-6999	348	4	of	of	ADP
ejge-6999	348	5	economics	economic	NOUN
ejge-6999	348	6	and	and	CCONJ
ejge-6999	348	7	management	management	NOUN
ejge-6999	348	8	science	science	NOUN
ejge-6999	348	9	4(1	4(1	NOUN
ejge-6999	348	10	)	)	PUNCT
ejge-6999	348	11	,	,	PUNCT
ejge-6999	348	12	141	141	NUM
ejge-6999	348	13	-	-	SYM
ejge-6999	348	14	183	183	NUM
ejge-6999	348	15	.	.	PUNCT
ejge-6999	349	1	https://doi.org/10.2307/3003143	https://doi.org/10.2307/3003143	NOUN
ejge-6999	349	2	oecd	oecd	PROPN
ejge-6999	349	3	(	(	PUNCT
ejge-6999	349	4	2019	2019	NUM
ejge-6999	349	5	)	)	PUNCT
ejge-6999	349	6	.	.	PUNCT
ejge-6999	350	1	equity	equity	NOUN
ejge-6999	350	2	market	market	NOUN
ejge-6999	350	3	development	development	NOUN
ejge-6999	350	4	in	in	ADP
ejge-6999	350	5	latin	latin	PROPN
ejge-6999	350	6	america	america	PROPN
ejge-6999	350	7	:	:	PUNCT
ejge-6999	350	8	enhancing	enhance	VERB
ejge-6999	350	9	access	access	NOUN
ejge-6999	350	10	to	to	ADP
ejge-6999	350	11	corporate	corporate	ADJ
ejge-6999	350	12	finance	finance	NOUN
ejge-6999	350	13	.	.	PUNCT
ejge-6999	351	1	pantzalis	pantzalis	PROPN
ejge-6999	351	2	,	,	PUNCT
ejge-6999	351	3	c.	c.	PROPN
ejge-6999	351	4	,	,	PUNCT
ejge-6999	351	5	stangeland	stangeland	PROPN
ejge-6999	351	6	,	,	PUNCT
ejge-6999	351	7	d.a	d.a	PROPN
ejge-6999	351	8	.	.	PROPN
ejge-6999	351	9	and	and	CCONJ
ejge-6999	351	10	turtle	turtle	NOUN
ejge-6999	351	11	,	,	PUNCT
ejge-6999	351	12	h.j	h.j	PROPN
ejge-6999	351	13	.	.	PROPN
ejge-6999	351	14	(	(	PUNCT
ejge-6999	351	15	2000	2000	NUM
ejge-6999	351	16	)	)	PUNCT
ejge-6999	351	17	.	.	PUNCT
ejge-6999	352	1	political	political	ADJ
ejge-6999	352	2	elections	election	NOUN
ejge-6999	352	3	and	and	CCONJ
ejge-6999	352	4	the	the	DET
ejge-6999	352	5	resolution	resolution	NOUN
ejge-6999	352	6	of	of	ADP
ejge-6999	352	7	uncertainty	uncertainty	NOUN
ejge-6999	352	8	:	:	PUNCT
ejge-6999	352	9	the	the	DET
ejge-6999	352	10	international	international	ADJ
ejge-6999	352	11	evidence	evidence	NOUN
ejge-6999	352	12	.	.	PUNCT
ejge-6999	353	1	journal	journal	NOUN
ejge-6999	353	2	of	of	ADP
ejge-6999	353	3	banking	banking	NOUN
ejge-6999	353	4	and	and	CCONJ
ejge-6999	353	5	finance	finance	NOUN
ejge-6999	353	6	24(10	24(10	NUM
ejge-6999	353	7	)	)	PUNCT
ejge-6999	353	8	,	,	PUNCT
ejge-6999	353	9	1575	1575	NUM
ejge-6999	353	10	-	-	SYM
ejge-6999	353	11	1604	1604	NUM
ejge-6999	353	12	.	.	PUNCT
ejge-6999	354	1	https://doi.org/10.1016/s0378-4266(99)00093-x	https://doi.org/10.1016/s0378-4266(99)00093-x	PROPN
ejge-6999	354	2	pastor	pastor	NOUN
ejge-6999	354	3	,	,	PUNCT
ejge-6999	354	4	l.	l.	PROPN
ejge-6999	354	5	and	and	CCONJ
ejge-6999	354	6	veronesi	veronesi	NOUN
ejge-6999	354	7	,	,	PUNCT
ejge-6999	354	8	p.	p.	NOUN
ejge-6999	354	9	(	(	PUNCT
ejge-6999	354	10	2012	2012	NUM
ejge-6999	354	11	)	)	PUNCT
ejge-6999	354	12	.	.	PUNCT
ejge-6999	355	1	uncertainty	uncertainty	NOUN
ejge-6999	355	2	about	about	ADP
ejge-6999	355	3	government	government	NOUN
ejge-6999	355	4	policy	policy	NOUN
ejge-6999	355	5	and	and	CCONJ
ejge-6999	355	6	stock	stock	NOUN
ejge-6999	355	7	prices	price	NOUN
ejge-6999	355	8	.	.	PUNCT
ejge-6999	356	1	journal	journal	NOUN
ejge-6999	356	2	of	of	ADP
ejge-6999	356	3	finance	finance	NOUN
ejge-6999	356	4	67(4	67(4	NOUN
ejge-6999	356	5	)	)	PUNCT
ejge-6999	356	6	,	,	PUNCT
ejge-6999	356	7	1219	1219	NUM
ejge-6999	356	8	-	-	SYM
ejge-6999	356	9	1264	1264	NUM
ejge-6999	356	10	.	.	PUNCT
ejge-6999	357	1	https://doi.org/10.1111/j.1540-6261.2012.01746.x	https://doi.org/10.1111/j.1540-6261.2012.01746.x	PROPN
ejge-6999	357	2	pastor	pastor	PROPN
ejge-6999	357	3	,	,	PUNCT
ejge-6999	357	4	l.	l.	PROPN
ejge-6999	357	5	and	and	CCONJ
ejge-6999	357	6	veronesi	veronesi	NOUN
ejge-6999	357	7	,	,	PUNCT
ejge-6999	357	8	p.	p.	NOUN
ejge-6999	357	9	(	(	PUNCT
ejge-6999	357	10	2013	2013	NUM
ejge-6999	357	11	)	)	PUNCT
ejge-6999	357	12	.	.	PUNCT
ejge-6999	358	1	political	political	ADJ
ejge-6999	358	2	uncertainty	uncertainty	NOUN
ejge-6999	358	3	and	and	CCONJ
ejge-6999	358	4	risk	risk	NOUN
ejge-6999	358	5	premia	premia	PROPN
ejge-6999	358	6	.	.	PUNCT
ejge-6999	359	1	journal	journal	PROPN
ejge-6999	359	2	of	of	ADP
ejge-6999	359	3	financial	financial	ADJ
ejge-6999	359	4	economics	economic	NOUN
ejge-6999	359	5	110(3	110(3	NUM
ejge-6999	359	6	)	)	PUNCT
ejge-6999	359	7	,	,	PUNCT
ejge-6999	359	8	520	520	NUM
ejge-6999	359	9	-	-	SYM
ejge-6999	359	10	545	545	NUM
ejge-6999	359	11	.	.	PUNCT
ejge-6999	360	1	https://doi.org/10.1016/j.jfineco.2013.08.007	https://doi.org/10.1016/j.jfineco.2013.08.007	VERB
ejge-6999	360	2	pesaran	pesaran	NOUN
ejge-6999	360	3	,	,	PUNCT
ejge-6999	360	4	m.h	m.h	PROPN
ejge-6999	360	5	.	.	PROPN
ejge-6999	360	6	and	and	CCONJ
ejge-6999	360	7	shin	shin	PROPN
ejge-6999	360	8	,	,	PUNCT
ejge-6999	360	9	y.	y.	PROPN
ejge-6999	360	10	(	(	PUNCT
ejge-6999	360	11	1999	1999	NUM
ejge-6999	360	12	)	)	PUNCT
ejge-6999	360	13	.	.	PUNCT
ejge-6999	361	1	an	an	DET
ejge-6999	361	2	autoregressive	autoregressive	ADJ
ejge-6999	361	3	distributed	distribute	VERB
ejge-6999	361	4	lag	lag	NOUN
ejge-6999	361	5	modelling	modelling	NOUN
ejge-6999	361	6	approach	approach	NOUN
ejge-6999	361	7	to	to	ADP
ejge-6999	361	8	cointegration	cointegration	NOUN
ejge-6999	361	9	analysis	analysis	NOUN
ejge-6999	361	10	.	.	PUNCT
ejge-6999	362	1	econometrics	econometric	NOUN
ejge-6999	362	2	and	and	CCONJ
ejge-6999	362	3	economic	economic	ADJ
ejge-6999	362	4	theory	theory	NOUN
ejge-6999	362	5	in	in	ADP
ejge-6999	362	6	the	the	DET
ejge-6999	362	7	20th	20th	ADJ
ejge-6999	362	8	century	century	NOUN
ejge-6999	362	9	:	:	PUNCT
ejge-6999	362	10	the	the	DET
ejge-6999	362	11	ragnar	ragnar	PROPN
ejge-6999	362	12	frisch	frisch	PROPN
ejge-6999	362	13	centennial	centennial	PROPN
ejge-6999	362	14	symposium	symposium	PROPN
ejge-6999	362	15	,	,	PUNCT
ejge-6999	362	16	strom	strom	PROPN
ejge-6999	362	17	,	,	PUNCT
ejge-6999	362	18	s.	s.	PROPN
ejge-6999	362	19	(	(	PUNCT
ejge-6999	362	20	ed	ed	NOUN
ejge-6999	362	21	.	.	PUNCT
ejge-6999	362	22	)	)	PUNCT
ejge-6999	363	1	cambridge	cambridge	PROPN
ejge-6999	363	2	university	university	PROPN
ejge-6999	363	3	press	press	PROPN
ejge-6999	363	4	,	,	PUNCT
ejge-6999	363	5	cambrige	cambrige	NOUN
ejge-6999	363	6	.	.	PUNCT
ejge-6999	364	1	https://doi.org/10.1017/ccol521633230.011	https://doi.org/10.1017/ccol521633230.011	PROPN
ejge-6999	364	2	pesaran	pesaran	VERB
ejge-6999	364	3	,	,	PUNCT
ejge-6999	364	4	b.	b.	PROPN
ejge-6999	364	5	and	and	CCONJ
ejge-6999	364	6	pesaran	pesaran	PROPN
ejge-6999	364	7	,	,	PUNCT
ejge-6999	364	8	h.	h.	PROPN
ejge-6999	364	9	(	(	PUNCT
ejge-6999	364	10	2009	2009	NUM
ejge-6999	364	11	)	)	PUNCT
ejge-6999	364	12	.	.	PUNCT
ejge-6999	365	1	time	time	NOUN
ejge-6999	365	2	series	series	PROPN
ejge-6999	365	3	econometrics	econometric	NOUN
ejge-6999	365	4	using	use	VERB
ejge-6999	365	5	microfit	microfit	NOUN
ejge-6999	365	6	5.0	5.0	NUM
ejge-6999	365	7	.	.	PUNCT
ejge-6999	366	1	oxford	oxford	PROPN
ejge-6999	366	2	,	,	PUNCT
ejge-6999	366	3	england	england	PROPN
ejge-6999	366	4	:	:	PUNCT
ejge-6999	366	5	oxford	oxford	PROPN
ejge-6999	366	6	university	university	NOUN
ejge-6999	366	7	press	press	NOUN
ejge-6999	366	8	.	.	PUNCT
ejge-6999	367	1	https://doi.org/10.1016/0304-4076(69)41685-7	https://doi.org/10.1016/0304-4076(69)41685-7	NOUN
ejge-6999	367	2	https://doi.org/10.1016/0304-4076(69)41685-7	https://doi.org/10.1016/0304-4076(69)41685-7	PUNCT
ejge-6999	367	3	https://doi.org/10.1111/1468-0297.00453	https://doi.org/10.1111/1468-0297.00453	NOUN
ejge-6999	367	4	https://www.jstor.org/stable/24560785?seq=1	https://www.jstor.org/stable/24560785?seq=1	NOUN
ejge-6999	367	5	https://doi.org/10.1093/rapstu/rax019	https://doi.org/10.1093/rapstu/rax019	ADV
ejge-6999	367	6	https://doi.org/10.1093/rapstu/rax019	https://doi.org/10.1093/rapstu/rax019	X
ejge-6999	367	7	https://doi.org/10.1257/aer.104.8.2368	https://doi.org/10.1257/aer.104.8.2368	VERB
ejge-6999	367	8	https://doi.org/10.1111/j.1540-6261.2011.01707.x	https://doi.org/10.1111/j.1540-6261.2011.01707.x	ADJ
ejge-6999	367	9	https://doi.org/10.1093/rof/rfx008	https://doi.org/10.1093/rof/rfx008	VERB
ejge-6999	367	10	https://doi.org/10.4172/2151-6219.1000365	https://doi.org/10.4172/2151-6219.1000365	NOUN
ejge-6999	367	11	https://doi.org/10.3982/ecta11182	https://doi.org/10.3982/ecta11182	PROPN
ejge-6999	367	12	https://doi.org/10.24148/wp2012-10	https://doi.org/10.24148/wp2012-10	NOUN
ejge-6999	368	1	https://doi.org/10.24148/wp2012-10	https://doi.org/10.24148/wp2012-10	VERB
ejge-6999	368	2	https://doi.org/10.1111/j.1475-6803.2006.00197.x	https://doi.org/10.1111/j.1475-6803.2006.00197.x	VERB
ejge-6999	368	3	https://doi.org/10.1111/j.1475-6803.2006.00197.x	https://doi.org/10.1111/j.1475-6803.2006.00197.x	NOUN
ejge-6999	368	4	https://personal.utdallas.edu/%7eyexiaoxu/ivot_h.pdf	https://personal.utdallas.edu/%7eyexiaoxu/ivot_h.pdf	NOUN
ejge-6999	369	1	https://www.jstor.org/stable/j.ctt1bh4c8h	https://www.jstor.org/stable/j.ctt1bh4c8h	PROPN
ejge-6999	369	2	https://doi.org/10.2307/3003143	https://doi.org/10.2307/3003143	NOUN
ejge-6999	369	3	https://doi.org/10.1016/s0378-4266(99)00093-x	https://doi.org/10.1016/s0378-4266(99)00093-x	PROPN
ejge-6999	369	4	https://doi.org/10.1111/j.1540-6261.2012.01746.x	https://doi.org/10.1111/j.1540-6261.2012.01746.x	VERB
ejge-6999	369	5	https://doi.org/10.1016/j.jfineco.2013.08.007	https://doi.org/10.1016/j.jfineco.2013.08.007	PROPN
ejge-6999	369	6	https://doi.org/10.1017/ccol521633230.011	https://doi.org/10.1017/ccol521633230.011	PROPN
ejge-6999	369	7	mary	mary	PROPN
ejge-6999	369	8	elena	elena	PROPN
ejge-6999	369	9	sánchez	sánchez	PROPN
ejge-6999	369	10	-	-	PUNCT
ejge-6999	369	11	gabarre	gabarre	PROPN
ejge-6999	369	12	/	/	SYM
ejge-6999	369	13	european	european	ADJ
ejge-6999	369	14	journal	journal	PROPN
ejge-6999	369	15	of	of	ADP
ejge-6999	369	16	government	government	NOUN
ejge-6999	369	17	and	and	CCONJ
ejge-6999	369	18	economics	economic	NOUN
ejge-6999	369	19	9(3	9(3	NUM
ejge-6999	369	20	)	)	PUNCT
ejge-6999	369	21	,	,	PUNCT
ejge-6999	369	22	december	december	PROPN
ejge-6999	369	23	2020	2020	NUM
ejge-6999	369	24	,	,	PUNCT
ejge-6999	369	25	265	265	NUM
ejge-6999	369	26	-	-	SYM
ejge-6999	369	27	279	279	NUM
ejge-6999	369	28	279	279	NUM
ejge-6999	369	29	pesaran	pesaran	NOUN
ejge-6999	369	30	,	,	PUNCT
ejge-6999	369	31	m.h	m.h	PROPN
ejge-6999	369	32	.	.	PROPN
ejge-6999	369	33	,	,	PUNCT
ejge-6999	369	34	shin	shin	PROPN
ejge-6999	369	35	,	,	PUNCT
ejge-6999	369	36	y.	y.	PROPN
ejge-6999	369	37	and	and	CCONJ
ejge-6999	369	38	smith	smith	PROPN
ejge-6999	369	39	,	,	PUNCT
ejge-6999	369	40	r.j	r.j	PROPN
ejge-6999	369	41	.	.	PROPN
ejge-6999	369	42	(	(	PUNCT
ejge-6999	369	43	2001	2001	NUM
ejge-6999	369	44	)	)	PUNCT
ejge-6999	369	45	.	.	PUNCT
ejge-6999	370	1	bounds	bound	VERB
ejge-6999	370	2	testing	test	VERB
ejge-6999	370	3	approaches	approach	NOUN
ejge-6999	370	4	to	to	ADP
ejge-6999	370	5	the	the	DET
ejge-6999	370	6	analysis	analysis	NOUN
ejge-6999	370	7	of	of	ADP
ejge-6999	370	8	level	level	NOUN
ejge-6999	370	9	relationships	relationship	NOUN
ejge-6999	370	10	.	.	PUNCT
ejge-6999	371	1	journal	journal	NOUN
ejge-6999	371	2	of	of	ADP
ejge-6999	371	3	applied	apply	VERB
ejge-6999	371	4	economics	economic	NOUN
ejge-6999	371	5	16(3	16(3	NOUN
ejge-6999	371	6	)	)	PUNCT
ejge-6999	371	7	,	,	PUNCT
ejge-6999	371	8	289	289	NUM
ejge-6999	371	9	-	-	SYM
ejge-6999	371	10	326	326	NUM
ejge-6999	371	11	.	.	PUNCT
ejge-6999	372	1	https://doi.org/10.1002/	https://doi.org/10.1002/	PROPN
ejge-6999	372	2	jae.616	jae.616	PROPN
ejge-6999	372	3	rodrik	rodrik	PROPN
ejge-6999	372	4	,	,	PUNCT
ejge-6999	372	5	d.	d.	PROPN
ejge-6999	372	6	(	(	PUNCT
ejge-6999	372	7	1991	1991	NUM
ejge-6999	372	8	)	)	PUNCT
ejge-6999	372	9	.	.	PUNCT
ejge-6999	373	1	policy	policy	NOUN
ejge-6999	373	2	uncertainty	uncertainty	NOUN
ejge-6999	373	3	and	and	CCONJ
ejge-6999	373	4	private	private	ADJ
ejge-6999	373	5	investment	investment	NOUN
ejge-6999	373	6	,	,	PUNCT
ejge-6999	373	7	journal	journal	NOUN
ejge-6999	373	8	of	of	ADP
ejge-6999	373	9	development	development	NOUN
ejge-6999	373	10	economics	economic	NOUN
ejge-6999	373	11	.	.	PUNCT
ejge-6999	374	1	36	36	NUM
ejge-6999	374	2	(	(	PUNCT
ejge-6999	374	3	2	2	NUM
ejge-6999	374	4	)	)	PUNCT
ejge-6999	374	5	,	,	PUNCT
ejge-6999	374	6	229	229	NUM
ejge-6999	374	7	-	-	SYM
ejge-6999	374	8	242	242	NUM
ejge-6999	374	9	.	.	PUNCT
ejge-6999	375	1	https://doi.org/10.1016/0304-3878(91)90034-s	https://doi.org/10.1016/0304-3878(91)90034-s	ADJ
ejge-6999	375	2	santa	santa	PROPN
ejge-6999	375	3	-	-	PUNCT
ejge-6999	375	4	clara	clara	NOUN
ejge-6999	375	5	,	,	PUNCT
ejge-6999	375	6	p.	p.	NOUN
ejge-6999	375	7	and	and	CCONJ
ejge-6999	375	8	valkanov	valkanov	PROPN
ejge-6999	375	9	,	,	PUNCT
ejge-6999	375	10	r.	r.	PROPN
ejge-6999	375	11	(	(	PUNCT
ejge-6999	375	12	2003	2003	NUM
ejge-6999	375	13	)	)	PUNCT
ejge-6999	375	14	.	.	PUNCT
ejge-6999	376	1	the	the	DET
ejge-6999	376	2	presidential	presidential	ADJ
ejge-6999	376	3	puzzle	puzzle	NOUN
ejge-6999	376	4	:	:	PUNCT
ejge-6999	376	5	political	political	ADJ
ejge-6999	376	6	cycles	cycle	NOUN
ejge-6999	376	7	and	and	CCONJ
ejge-6999	376	8	the	the	DET
ejge-6999	376	9	stock	stock	NOUN
ejge-6999	376	10	market	market	NOUN
ejge-6999	376	11	.	.	PUNCT
ejge-6999	377	1	the	the	DET
ejge-6999	377	2	journal	journal	NOUN
ejge-6999	377	3	of	of	ADP
ejge-6999	377	4	finance	finance	NOUN
ejge-6999	377	5	58(5	58(5	NUM
ejge-6999	377	6	)	)	PUNCT
ejge-6999	377	7	,	,	PUNCT
ejge-6999	377	8	1841	1841	NUM
ejge-6999	377	9	-	-	SYM
ejge-6999	377	10	1872	1872	NUM
ejge-6999	377	11	.	.	PUNCT
ejge-6999	378	1	https://doi.org/10.1111/1540-6261.00590	https://doi.org/10.1111/1540-6261.00590	PROPN
ejge-6999	378	2	scotti	scotti	PROPN
ejge-6999	378	3	,	,	PUNCT
ejge-6999	378	4	c.	c.	PROPN
ejge-6999	378	5	(	(	PUNCT
ejge-6999	378	6	2016	2016	NUM
ejge-6999	378	7	)	)	PUNCT
ejge-6999	378	8	.	.	PUNCT
ejge-6999	379	1	surprise	surprise	NOUN
ejge-6999	379	2	and	and	CCONJ
ejge-6999	379	3	uncertainty	uncertainty	NOUN
ejge-6999	379	4	indexes	index	NOUN
ejge-6999	379	5	:	:	PUNCT
ejge-6999	379	6	real	real	ADJ
ejge-6999	379	7	-	-	PUNCT
ejge-6999	379	8	time	time	NOUN
ejge-6999	379	9	aggregation	aggregation	NOUN
ejge-6999	379	10	of	of	ADP
ejge-6999	379	11	real	real	ADJ
ejge-6999	379	12	-	-	PUNCT
ejge-6999	379	13	activity	activity	NOUN
ejge-6999	379	14	macro	macro	NOUN
ejge-6999	379	15	-	-	NOUN
ejge-6999	379	16	surprises	surprise	NOUN
ejge-6999	379	17	.	.	PUNCT
ejge-6999	380	1	journal	journal	PROPN
ejge-6999	380	2	of	of	ADP
ejge-6999	380	3	monetary	monetary	ADJ
ejge-6999	380	4	economics	economic	NOUN
ejge-6999	380	5	82	82	NUM
ejge-6999	380	6	,	,	PUNCT
ejge-6999	380	7	1	1	NUM
ejge-6999	380	8	-	-	SYM
ejge-6999	380	9	19	19	NUM
ejge-6999	380	10	.	.	PUNCT
ejge-6999	381	1	https://doi.org/10.1016/	https://doi.org/10.1016/	PROPN
ejge-6999	381	2	j.jmoneco.2016.06.002	j.jmoneco.2016.06.002	X
ejge-6999	381	3	toda	toda	PROPN
ejge-6999	381	4	,	,	PUNCT
ejge-6999	381	5	h.	h.	PROPN
ejge-6999	381	6	and	and	CCONJ
ejge-6999	381	7	yamamoto	yamamoto	PROPN
ejge-6999	381	8	,	,	PUNCT
ejge-6999	381	9	t.	t.	PROPN
ejge-6999	381	10	(	(	PUNCT
ejge-6999	381	11	1995	1995	NUM
ejge-6999	381	12	)	)	PUNCT
ejge-6999	381	13	.	.	PUNCT
ejge-6999	382	1	statistical	statistical	ADJ
ejge-6999	382	2	inference	inference	NOUN
ejge-6999	382	3	in	in	ADP
ejge-6999	382	4	vector	vector	NOUN
ejge-6999	382	5	autoregressions	autoregression	NOUN
ejge-6999	382	6	with	with	ADP
ejge-6999	382	7	possibly	possibly	ADV
ejge-6999	382	8	integrated	integrate	VERB
ejge-6999	382	9	processes	process	NOUN
ejge-6999	382	10	.	.	PUNCT
ejge-6999	383	1	journal	journal	NOUN
ejge-6999	383	2	of	of	ADP
ejge-6999	383	3	econometrics	econometric	NOUN
ejge-6999	383	4	66(1	66(1	NOUN
ejge-6999	383	5	-	-	SYM
ejge-6999	383	6	2	2	NUM
ejge-6999	383	7	)	)	PUNCT
ejge-6999	383	8	,	,	PUNCT
ejge-6999	383	9	225	225	NUM
ejge-6999	383	10	-	-	SYM
ejge-6999	383	11	250	250	NUM
ejge-6999	383	12	.	.	PUNCT
ejge-6999	384	1	https://doi.org/10.1016/	https://doi.org/10.1016/	PROPN
ejge-6999	384	2	0304	0304	NUM
ejge-6999	384	3	-	-	PUNCT
ejge-6999	384	4	4076(94)01616	4076(94)01616	NUM
ejge-6999	384	5	-	-	PUNCT
ejge-6999	384	6	8	8	NUM
ejge-6999	384	7	voth	voth	NOUN
ejge-6999	384	8	,	,	PUNCT
ejge-6999	384	9	h.j	h.j	PROPN
ejge-6999	384	10	.	.	PROPN
ejge-6999	384	11	(	(	PUNCT
ejge-6999	384	12	2003	2003	NUM
ejge-6999	384	13	)	)	PUNCT
ejge-6999	384	14	.	.	PUNCT
ejge-6999	385	1	stock	stock	NOUN
ejge-6999	385	2	price	price	NOUN
ejge-6999	385	3	volatility	volatility	NOUN
ejge-6999	385	4	and	and	CCONJ
ejge-6999	385	5	political	political	ADJ
ejge-6999	385	6	uncertainty	uncertainty	NOUN
ejge-6999	385	7	:	:	PUNCT
ejge-6999	385	8	evidence	evidence	NOUN
ejge-6999	385	9	from	from	ADP
ejge-6999	385	10	the	the	DET
ejge-6999	385	11	interwar	interwar	ADJ
ejge-6999	385	12	period	period	NOUN
ejge-6999	385	13	.	.	PUNCT
ejge-6999	386	1	mit	mit	PROPN
ejge-6999	386	2	department	department	PROPN
ejge-6999	386	3	of	of	ADP
ejge-6999	386	4	economics	economic	NOUN
ejge-6999	386	5	.	.	PUNCT
ejge-6999	387	1	working	work	VERB
ejge-6999	387	2	paper	paper	PROPN
ejge-6999	387	3	no	no	INTJ
ejge-6999	387	4	.	.	PROPN
ejge-6999	387	5	02	02	NUM
ejge-6999	387	6	-	-	PUNCT
ejge-6999	387	7	09	09	NUM
ejge-6999	387	8	.	.	PUNCT
ejge-6999	388	1	https://doi.org/10.2139/	https://doi.org/10.2139/	VERB
ejge-6999	388	2	ssrn.342641	ssrn.342641	PROPN
ejge-6999	388	3	https://doi.org/10.1002/jae.616	https://doi.org/10.1002/jae.616	PROPN
ejge-6999	388	4	https://doi.org/10.1002/jae.616	https://doi.org/10.1002/jae.616	PROPN
ejge-6999	388	5	https://doi.org/10.1016/0304-3878(91)90034-s	https://doi.org/10.1016/0304-3878(91)90034-s	PROPN
ejge-6999	388	6	https://doi.org/10.1111/1540-6261.00590	https://doi.org/10.1111/1540-6261.00590	VERB
ejge-6999	388	7	https://doi.org/10.1016/j.jmoneco.2016.06.002	https://doi.org/10.1016/j.jmoneco.2016.06.002	VERB
ejge-6999	388	8	https://doi.org/10.1016/j.jmoneco.2016.06.002	https://doi.org/10.1016/j.jmoneco.2016.06.002	VERB
ejge-6999	388	9	https://doi.org/10.1016/0304-4076(94)01616-8	https://doi.org/10.1016/0304-4076(94)01616-8	PROPN
ejge-6999	388	10	https://doi.org/10.1016/0304-4076(94)01616-8	https://doi.org/10.1016/0304-4076(94)01616-8	NOUN
ejge-6999	388	11	https://doi.org/10.2139/ssrn.342641	https://doi.org/10.2139/ssrn.342641	NOUN
ejge-6999	388	12	https://doi.org/10.2139/ssrn.342641	https://doi.org/10.2139/ssrn.342641	NOUN