id author title date pages extension mime words sentence flesch summary cache txt hq37vm4471v Shilpi Sunil Kumar Household Uncertainty, Risk Attitude and Implications for Macro Economy 2020 .txt text/plain 521 21 32 It uses cross-sectional dispersion in consumer confidence over time as a measure of consumer confidence uncertainty or disagreement among consumers. Further, smaller estimates of risk aversion casts doubt on the ability of precautionary saving channel to propagate and amplify aggregate uncertainty shocks in a way that is consistent with the observed co-movements during the Financial Crisis of 2007-2008.Chapter 3 uses dispersion in consumer confidence as an empirical measure of time varying household uncertainty and studies its consequences for the macroeconomy. cache/hq37vm4471v.txt txt/hq37vm4471v.txt