Klibano! et al. (2005), who faces uncertainty about the variance of asset returns. The variance uncertainty is modeled using a …

uncertainty about their best decision. Second, diminishing sensitivity: the elasticity of decisions decreases in the distance of … mirrored by an increase in cognitive uncertainty. These results suggest that cognitive uncertainty systematically predicts an … attenuation of economic elasticities, and that there is less (or no) uncertainty and attenuation when problems are cognitively …

Recent studies have focused on the detrimental effects of global economic policy uncertainty (EPU) on firm … method of moments to examine the effects of global crude oil prices and domestic and global economic policy uncertainty on …

investigate the dynamic process and mechanisms by which trade policy uncertainty affects the upgrading of enterprises within the … global value chain (GVC). The article finds that trade policy uncertainty has a positive forcing effect on enterprise GVC … upgrading. In an environment of trade policy uncertainty, factors affecting enterprise upgrading in the GVC include both …

The paper examined the impact of macroeconomic uncertainty on the ten largest subsectors of the Nigerian economy using … macroeconomic uncertainty using exchange rate uncertainty, interest rate uncertainty, inflation uncertainty, and real gross domestic … product (GDP) uncertainty to create this index. Furthermore, the paper explored the impacts of macroeconomic uncertainty and …