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arrangements. Firms that participate in the formal financial sector are also subject to higher levels of risk and uncertainty. As …
Persistent link: https://www.econbiz.de/10012919157
This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...
Persistent link: https://www.econbiz.de/10012859487
It is typically assumed that being hard-working or clever is a trait of the person, in the sense that it is always there, in a fixed manner. However, in an experiment with almost 600 boys in India, cues to one's place in the traditional caste order turn out to influence the expression of these...
Persistent link: https://www.econbiz.de/10012974914
The institutional landscape of local dispute resolution in Bangladesh is rich: it includes the traditional process of shalish, longstanding and impressive civil society efforts to improve on shalish, and a somewhat less-explored provision for gram adalat or village courts. Based on a nationally...
Persistent link: https://www.econbiz.de/10012975794
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the … on workers to estimate time-varying individual income risk parameters in different manufacturing sectors in Mexico … and income risk for workers of varying education levels. The authors' findings are as follows. The level of openness of an …
Persistent link: https://www.econbiz.de/10012747694
price and causes a risk-neutral firm to reduce ex ante emissions so as to smooth out marginal abatement costs over time. The …
Persistent link: https://www.econbiz.de/10012747760
Among policy instruments to control future greenhouse gas emissions, well-calibrated general intensity targets are known to lead to lower uncertainty on the amount of abatement than emissions quotas (Jotzo and Pezzey 2004). The authors test whether this result holds in a broader framework, and...
Persistent link: https://www.econbiz.de/10012747950
The productivity of the world's natural resources is critically dependent on a variety of highly uncertain factors, which obscure individual investors and governments that seek to make long-term, sometimes irreversible investments in their exploration and utilization. These dynamic...
Persistent link: https://www.econbiz.de/10012841047
A supply chain is only as strong as its weakest link. Firms are constantly managing uncertainties, including unexpected delays in the provision of a critical input that can slow down or halt the production process, possibly making the manufacturer miss a delivery deadline. As most exporters are...
Persistent link: https://www.econbiz.de/10012889895
Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as its … reconstruction process at the household level, this risk assessment provides new insights into disaster risks in the Philippines …
Persistent link: https://www.econbiz.de/10012893747