Facing climate change, seasonal forecasts, and weather warnings are increasingly important to warn the public of the risk of extreme climate conditions. However, being confronted with inaccurate forecast systems may undermine individuals' responsiveness in the long run. Using an online...

There is an increasing risk of outbreaks escalating into epidemics, despite huge advances in medical science. Epidemics like COVID-19, Monkeypox, Influenza and HIV have been affecting people and public health infrastructure at an alarming rate around the world. COVID-19 alone has infected more...

This paper estimates a standard Dynamic Stochastic General Equilibrium (DSGE) model that includes a wage and price Phillips curves with different expectation formation processes for Brazil and the USA. Other than the standard rational expectation process, we also use a limited rationality...