shared cognition. Under this view, cultural diversity matters because it increases strategic uncertainty. The model can help …

the uncertainty about the risks in question, and involve three trade-offs: innovation vs. risk avoidance; liability vs …. collective risk sharing; and equity vs. practicable claims settlement. We study two highly instructive examples: nuclear …

We develop and make available a new Cryptocurrency Uncertainty Index (UCRY) based on news coverage. Our UCRY Index … captures two types of the uncertainty: cryptocurrency price uncertainty (UCRY Price) and cryptocurrency policy uncertainty … suggest that this index captures uncertainty beyond Bitcoin, and can be used for academic, policy, and practice …

This study examines the information flow between inflation and inflation uncertainty (IU) and intrastate inflationary … the GARCH measure of IU. On the reverse flow from inflation uncertainty to inflation, there is no information flow except … reduce the welfare effect of inflation uncertainty …

challenges? To answer, we use the economic policy uncertainty indexes as proxies for media coverage, together with a limited set … cointegrating vector is associated with international developments, portraying swings in global risk appetite, we find that …

Information gathering is an instinctive response to uncertainty, but such efforts may not fully resolve the uncertainty … uncertainty, not only before but also after information collection. I find evidence consistent with this pattern using data on … search and information gathering can capture both information demand and unresolved uncertainty, which has implications for …

This paper investigates the role of global economic uncertainty in Dunning’s investment development path (IDP … countries’ net outward investment (NOI) follows a non-linear pattern even after incorporating global economic uncertainty into … the analysis. At the same time, global economic uncertainty has non-linear effects on NOI subject to the level of economic …

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of … non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we …