with recursive preferences, stochastic volatility, and capital adjustment costs. The model shows that a rise in volatility … can decelerate growth in the absence of any level shocks. In contrast to level risk, which is always welfare reducing for … a risk-averse household, volatility risk can increase or decrease welfare, depending on model parameters. When …

Whether or not international trade exposes workers to economic insecurity depends on the nature of the trade exposure … of the firm, or industry, in which the worker is employed. Import-competing industries experience higher levels of risk …

, macroeconomic imbalance, economic growth, economic integration, financial risk, volatility and trade effects. The main aims of this … the Literature -- 12. How Accurate Are Risk Models During COVID-19 Pandemic Period? -- 13. What Does Matter The Climate … Change Risk On Agriculture Adaptation: Evidence From Southern Mediterranean Country. …

Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …, employment, and capital equations largely corroborate the implications of the behavioral models of the two types of enterprise … capitalist and co-op enterprises. -- worker-owned firms ; capitalist firms ; wages ; employment ; capital …