The Excess Burden of Government Indecision [PDF]
Governments are known for procrastinating when it comes to resolving painful policy problems. Whatever the political motives for waiting to decide, procrastination distorts economic decisions relative to what would arise with early policy resolution.
Francisco Gomes +2 more
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Implications of Globalization for Monetary Policy [PDF]
This paper argues that the implications of globalization for monetary policy come mainly through two channels: On the one hand, the many structural changes, which are associated with the globalization process, cause an increase in uncertainty surrounding
Helmut Wagner, Morten Balling
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Uncertainty In Environmental Economics [PDF]
In a world of certainty, the design of environmental policy is relatively straightforward, and boils down to maximizing the present value of the flow of social benefits minus costs.
Robert S. Pindyck
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Economic Policy Uncertainty in Turkey [PDF]
IMF Working Papers, 2018 Antonio Spilimbergo +1 more
openaire +1 more source
Economic policy uncertainty, renewable energy and environmental degradation: Evidence from Egypt. [PDF]
Environ Sci Pollut Res Int, 2023 Selmey MG, Elamer AA.
europepmc +1 more source
Targeting Inflation under Uncertainty: Policy Makers' Perspective [PDF]
Monetary policy makers need to build two pillars for their inflation targeting strategy. Firstly, a methodology for producing the central forecast should be developed, since the whole decision process is more easily organised around a model forecast ...
Katerina Smidkova
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THE FAILURE OF MARKETABLE PERMIT SYSTEMS AND UNCERTAINTY OF ENVIRONMENTAL POLICY: A SWITCHING REGIME MODEL APPLIED TO THE DUTCH PHOSPHATE QUOTA PROGRAM [PDF]
A well-known feature of pollution control with tradable quota rights is that the benefits to ownership will capitalize into prices of the quota. Quota present a unique opportunity to examine the effect of risks introduced by governmental programs because
Wossink, Ada
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The Impact of Economic Policy Uncertainty on Regional Total-Factor Energy Productivity in China. [PDF]
Int J Environ Res Public Health, 2023 Wang B, Meng C, Yu H.
europepmc +1 more source
Economic policy uncertainty and directors and officers liability insurance: a perspective on capital market pressures. [PDF]
Geneva Pap Risk Insur Issues Pract, 2023 Xie H, Lin C.
europepmc +1 more source
Managing the recovery in uncertain times: a summary of the 2003 Philadelphia Fed Policy Forum. [PDF]
Managing the recovery in uncertain times was the topic of our third annual Philadelphia Fed Policy Forum held on November 14, 2003. This event, sponsored by the Bank’s Research Department, brought together a group of highly respected academics ...
Loretta J. Mester
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