The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

surge in the stock market would be self-correcting. Recent papers have discussed the role of "uncertainty" and its … measurement in influencing economic decisions. They attempt to measure uncertainty by indexes of volatility of the stock market … although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure …

uncertainty effects in investment decisions, e.g. by risk premia. … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …

. While it is hard to measure how this uncertainty affects work performance and willingness to compete in the field, it can be … men winning the tournament significantly more often than women under uncertainty and ambiguity. These findings suggest … disparities from increasing under uncertainty and ambiguity. …

-whole (full) compensation and mean and median work incomes. Given that consumption uncertainty associated with compensation …

uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households …, while accounting for the level of transfers from family abroad. We find that both the level and the uncertainty of … income hypothesis and theories of precautionary saving, a one standard deviation increase in the uncertainty of remittance …

Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about … measurable separately from the levels of risk beliefs. People with higher levels of imprecision update their beliefs more in …

short-time window to test the impact of deteriorating expectations and uncertainty on firms' R&D choices. Our results show a … dramatic effect of firms' expectations about future market conditions. In this regard, internationalized and innovative … critically shape firms' reactions to the general uncertainty. Two main patterns emerge from our analysis. On the one hand, there …

Uncertainty affects employers' decisions on labour workforce, as it does on capital. We exploit differences on how … firms adjust their labour work-force when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 … European countries, we first construct, opposite to usual aggregate indicators, a set of uncertainty indicators exploiting …

Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived … macroeconomic uncertainty of some households. The effects on their spending decisions relative to an untreated control group are … measured in follow-up surveys. Higher macroeconomic uncertainty induces households to reduce their spending on non …