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pervasive uncertainty is best modeled as ambiguity rather than risk, as a set of situations where multiple prior probability …Uncertainty is ubiquitous in environmental economics: the field studies interactions between socio-economic and …
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This paper analyzes the role of uncertainty on both exchange rate expectations and forecast errors of professionals for … uncertainty as well as disagreement among CPI inflation forecasters to account for different dimensions of uncertainty. Based on a … uncertainty and disagreement among exchange rate forecasters and identify a strong relationship between them. …
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In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … transformed into marginal effects, in order to represent the changes in the probability of finding a negative significant … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …
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