How does global risk impact the world economy? In taking up this question, we focus on the dollar’s role in the … global risk shocks in a Bayesian Proxy VAR model. They cause a synchronized contraction of global economic activity and … illustrate through counterfactuals that the dollar appreciation amplifies the adverse impact of global risk shocks outside of the …

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. …

to climate change. Rather than focusing on uncertainty explicitly, we look at extreme scenarios defined by the upper and …

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