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The Global Impacts of Climate Change on Risk Preferences
Howden, Wesley; Levin, Remy - 2022
We study the direct impacts that long-run experiences of climate change have on individual risk preferences. Using … panel surveys from Indonesia and Mexico (total N = 25,000), we link within-person changes in elicited risk preferences to … background climate risk, we find that in both settings increases in the experienced means of temperature and precipitation cause …
Persistent link: https://www.econbiz.de/10013405449
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Policy Uncertainty and Long-Run Investment and Output Across Countries
Jeong, Byeongju - 2010
in capital price and levels of aggregate investment and output. I present a model economy where the industry-level policy …-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 …
Persistent link: https://www.econbiz.de/10014198834
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Economic Uncertainty and Fertility
Gozgor, Giray; Bilgin, Mehmet; Rangazas, Peter - 2021
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...
Persistent link: https://www.econbiz.de/10013231969
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Economic uncertainty and fertility
Gözgör, Giray; Bilgin, Mehmet Huseyin; Rangazas, Peter C. - 2019
In this paper, we conduct an empirical study of the effect of uncertainty on fertility. The precautionary motive for saving predicts that an increase in uncertainty increases saving by reducing both consumption and fertility. We use a new measure of uncertainty, the World Uncertainty Index, and...
Persistent link: https://www.econbiz.de/10012152216
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Economic uncertainty and fertility
Gozgor, Giray; Bilgin, Mehmet Huseyin; Rangazas, Peter C. - 2021
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...
Persistent link: https://www.econbiz.de/10012508583
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The economic effects of trade policy uncertainty
Caldara, Dario; Iacoviello, Matteo; Molligo, Patrick; … - In: Journal of monetary economics 109 (2020), pp. 38-59
Persistent link: https://www.econbiz.de/10012494070
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Explosive oil prices
Gronwald, Marc - 2013
This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...
Persistent link: https://www.econbiz.de/10009786017
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Global economic impacts of climate shocks, climate policy and changes in climate risk assessment
Fernando, Roshen; Liu, Weifeng; McKibbin, Warwick J. - 2021
Persistent link: https://www.econbiz.de/10012586204
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Global economic impacts of climate shocks, climate policy and changes in climate risk assessment
Fernando, Roshen; Liu, Weifeng; McKibbin, Warwick J. - 2021
Persistent link: https://www.econbiz.de/10012616253
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Impact of climate risk on firms' use of trade credit : international evidence
Islam, Mohammad Nazrul; Wheatley, Clark M. - In: The International trade journal 35 (2021) 1, pp. 40-59
Persistent link: https://www.econbiz.de/10012424955