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  • Jul 6, 2023 | nber.org | David Wuepper |Haoyu Wang |Wolfram Schlenker |Meha Jain

    Authors are listed in reverse alphabetical order. We would like to thank seminar participants at ETH Zürich, Harvard University, OARES, University of Bern, University of Mannheim, and University of Zürich for comments on an earlier draft of the paper. Dylan Hogan provided excellent research assistance in extracting the date when maximum EVI occurred.

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