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Es liegt in der Verantwortung von ökonomischen Entscheidungsträgern, Entscheidungen unter Unsicherheit zu treffen. Finanzmarktunsicherheit kann ökonomische Aktivität negativ beeinflussen. In diesem Sinn können Prognosen theoretisch einen ökonomischen Mehrwert liefern. Diese kumulative...
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applications of the theory of government decentralization. Decentralization tends to discourage inward FDI and domestic trade and …
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Empirical study of causality between inflation, inflation uncertainty and other macroeconomicy quantities. Additionally, the issue of how to measure the unobservable inflation uncertainty is addressed.
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bilateral differences in values using 857 questions from the World Values Survey. The chapter explores the determinants of value … stated in Kahneman and Tversky's prospect theory, namely reference point dependence and loss aversion, prevail on the …, in line with what theory predicts, loss aversion is negatively correlated with GDP and consumption per capita and …
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