characterized by high uncertainty. Hence, far reaching policy implications such as the net zero goal lack a definite scientific …

The current coronavirus pandemic is a recent example of how an unpredictable event can cause uncertainty and affect … Uncertainty Index, developed by the three economists Scott R. Baker, Nicholas Bloom and Steven J. Davis, try to capture … perceptions of uncertainty and use them to generate predictions for the economic future. The index is based on a search term that …

to college households in terms of welfare. Chapter 2 disentangles the effect of demographic change on returns to risk …. Chapter 3 develops a method for computing transitional dynamics in heterogeneous agent models with aggregate risk if these …

is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We … address endogeneity issues by applying an instrumental variable estimation technique. We find that risk-averse households are …