arrangements. Firms that participate in the formal financial sector are also subject to higher levels of risk and uncertainty. As …

Risk-aversion has generally been found to decrease in income. This may lead one to expect that poor countries will be … more risk-averse than rich countries. Recent comparative findings with students, however, suggest the opposite, giving rise … to a risk-income paradox. This paper tests this paradox by measuring the risk preferences of more than 500 household …

COVID-19 cases and proxying for greater awareness of risk. Non-pharmaceutical interventions such as closing nonessential … constraints may not yield a V-shaped recovery if the reduction in COVID risk is not credible …

The spread of COVID-19 and implementation of "social distancing" policies around the world have raised the question of …

represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …

the Caribbean. Two are based on secondary sources: All the Ginis and the World Income Inequality Database; and one is … generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database. Although there is …