In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

We construct a new index of uncertainty — the World Uncertainty Index (WUI) — for 143 individual countries on a … quarterly basis from 1996 onwards. This is defined using the frequency of the word “uncertainty” in the quarterly Economist …, El Niño, European border crisis, UK Brexit vote and the 2016 US election. Uncertainty spikes tend to be more synchronized …

We consider several economic uncertainty indicators for the United States and the UK before and during the COVID-19 … pandemic: implied stock market volatility, newspaper-based economic policy uncertainty, twitter chatter about economic … uncertainty, subjective uncertainty about future business growth, and disagreement among professional forecasters about future …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ …

Following the 2007-2009 global recession, economic policy uncertainty and its effect on economic recovery has become an … investigate causality between economic policy uncertainty in some of the world's major economies using the economic policy … uncertainty index developed by Baker et al. (2013). We implement both the traditional linear and the nonlinear variants of the …

I explore how and and to what extent policy uncertainty can account for the observed long-run cross-country differences …-related investment cost is uncertain. Holding the average one-period investment cost constant, policy uncertainty leads to a higher … capital price and subsequently to lower levels of long-run aggregate investment and output. Policy uncertainty also makes …

This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate …

uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue to face uncertainty in … the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty … stronger actions to reduce CO2 emissions. Second, uncertainty interacts with two kinds of irreversibilities. First, CO2 remains …

In this paper, we conduct an empirical study of how uncertainty alters fertility behavior. The precautionary motive for … saving predicts that an increase in income uncertainty increases saving by reducing both consumption and fertility. We … examine this prediction using a new measure of economic uncertainty, the World Uncertainty Index and focus on data from 126 …