This paper focuses on the effect of uncertainty as reflected by financial market variables on subjective well … report lower levels of life satisfaction in times of higher uncertainty approximated by stock market volatility. This effect … educated, and live in one of the GIIPS countries of the euro area. Furthermore, higher uncertainty in combination with a …

uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue to face uncertainty in … the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty … stronger actions to reduce CO2 emissions. Second, uncertainty interacts with two kinds of irreversibilities. First, CO2 remains …

In this paper, we conduct an empirical study of how uncertainty alters fertility behavior. The precautionary motive for … saving predicts that an increase in income uncertainty increases saving by reducing both consumption and fertility. We … examine this prediction using a new measure of economic uncertainty, the World Uncertainty Index and focus on data from 126 …