Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062565 | Economics Letters | 2007 | 8 Pages |
Abstract
This paper generalizes the probability method of quantification [Carlson, J. and Parkin, M., 1975. 'Inflation expectations', Economica 42, 123-138.] to the variance facilitating the quantification of survey data which ask individuals whether they are uncertain. An application evaluates time-series and cross-sectional proxies of uncertainty and considers how uncertainty affects investment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
James Mitchell, Kostas Mouratidis, Martin Weale,