Although the effect of uncertainty on economic behavior is of primary concern to both economists and policymakers, its theoretical and empirical treatment in the literature has led to inconclusive results. Indeed, the results of the various empirical studies are highly dependent on the...

Judaism is the only world religion to predominate in just a single country, Israel, which also has a widely dispersed diaspora. This paper makes use of this fact to examine the effect of the diaspora on Israel's foreign trade. This paper contributes to the very limited literature which tries to...

Though much research has been done worldwide, the effect of uncertainty concealed in inflation expectations on private investment is disputed theoretically in the absence of enough empirical evidence to reach a conclusion. Furthermore, at the same time, traditional investment equations do not...