describe how Americans in the labor force perceive the risk of near-term economic misfortune. …

In this paper we investigate transmission and spillovers of local and foreign economic policy uncertainty shocks to … addition to local effects we find foreign uncertainty shocks influence the Euro area but not the US unemployment. Moreover we … document weaker spillovers of both local and foreign uncertainty shocks in the more volatile times. …

channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and …The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

) If the relative measure of risk aversion is less (more) than 1 then more information raises (reduces) income inequality …. (b) When a risk sharing market is available better information results in higher inequality regardsless of the measure … risk aversion. …

-stated risk attitudes by exploiting changes in media coverage of economic news. We use information on risk attitudes from the … and the month preceding the date of the risk attitude elicitation. Using fixed effects regressions we observe effects of … that are aggregated over the previous month, however, relates to a decrease in risk aversion if the news are predominantly …

We model economic policy uncertainty (EPU) in the four largest euro area countries by applying machine learning … components of overall EPU endogenously for a wide range of languages. The uncertainty indices computed from January 2000 to May … structural vector autoregression model to study the relationship between different sources of uncertainty and investment in …

We study the effects of unexpected changes in trade policy uncertainty (TPU) on the U.S. economy. We construct three …' export participation decisions. In the model as in the data, news and increased uncertainty about higher future tariffs …

Measuring economic uncertainty is crucial for understanding investment decisions by individuals and firms …. Macroeconomists increasingly rely on survey data on subjective expectations. An innovative approach to measure aggregate uncertainty … uncertainty. The results provide evidence for the existence of considerable heterogeneity in individuals' response behavior and …

We investigate how a macroeconomic uncertainty shock affects the labor market. We focus on the uncertainty transmission … factors from such indicators into a framework that can simultaneously estimate historical macroeconomic uncertainty and its …