Although economic agents routinely face various types of economic uncertainty, their effects are often unclear and hard … to assess, in part due to the absence of suitable measures of uncertainty. Because of the numerous and very substantial … their periods of uncertainty, moreover, these countries have experienced sharply falling fertility rates. Some have argued …

The probability triangle (also called the Marschak-Machina triangle) allows for compact and intuitive depictions of … risk preferences. Here, we develop an analogous tool for choice under uncertainty - the ambiguity triangle - and show that … characterize this heterogeneity with finite-mixture estimates of a one-parameter extension of Expected Utility Theory wherein 48 …

Although economic agents routinely face various types of economic uncertainty, their effects are often unclear and hard … to assess, in part due to the absence of suitable measures of uncertainty. Because of the numerous and very substantial … their periods of uncertainty, moreover, these countries have experienced sharply falling fertility rates. Some have argued …

the uncertainty indicator increases the probability of having frozen hiring in between 21% to 39%. We also find more …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 …

involves some level of uncertainty, so differences in examination behavior may be due to differences in motivation, risk …

institutional uncertainty (and of its elimination) on job creation and job destruction in the CEEC candidate countries. We conclude … that structural change on CEEC labor markets tends to be fostered via reducing institutional uncertainty. However, these … value analysis, we investigate and evaluate the trade-off between lower institutional uncertainty and higher employment …

exchange rate uncertainty. Based on this micro foundation an aggregation approach is presented. Under uncertainty, intervals of … where the aggregation of microeconomic real options effects under uncertainty are relevant, they may even be of a more …