Policy Uncertainty, Symbiosis, and the Optimal Fiscal and Monetary Conservativeness [PDF]
This paper extends a well-known macroeconomic stabilization game between monetary and fiscal authorities introduced by Dixit and Lambertini (American Economic Review, 93: 1522-1542) to multiplicative (policy) uncertainty.
Francesco Giuli +2 more
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Conference Report The 16th Asia Europe Economic Forum. EU-Asia trade and investment connectivity [PDF]
, 2020 Global economic trends over the last decades have steadily increased the links between Asia and Europe. For both regions, a growing economic interdependency represents an opportunity to build strong, fair and sustainable relations.
Coka, Daniela Arregui, Jungbluth, Cora
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Forecasting economic policy uncertainty
, 2017 Forecasting the economic policy uncertainty in Europe is of paramount\ud importance given the on-going sovereign debt crisis. This paper evaluates monthly economic policy uncertainty index forecasts and examines whether ultra-high frequency information from asset market volatilities and global economic uncertainty can improve the forecasts relatively ...
Degiannakis, Stavros, Filis, George
openaire
Economic policy uncertainty and cash dividend policy: evidence from China
Humanities & Social Sciences CommunicationsThis paper investigates the impact of economic policy uncertainty (EPU) on the dividend policy of listed companies, alongside its underlying mechanisms.
Chuanzhen Li, Liang Zhao, Yiwen Zhang
doaj +1 more source
EX-ANTE EVALUATION OF AGRI-ENVIRONMENTAL SCHEMES: COMBINING ELEMENTS OF PRIVATE AND PUBLIC DECISION MAKING [PDF]
The objective of this paper is to set a complete ex-ante evaluation to support Decision Makers in designing more efficient and effective agri-environmental contracts, through an integrated modelling of elements of private and public decision making.
Bartolini, Fabio +2 more
core +1 more source
Uncertainty and Fiscal Policy in an Asymmetric Monetary Union [PDF]
The paper examines the monetary-fiscal interactions in a monetary union model with uncertainty due to imperfect central bank transparency. We first show that monetary uncertainty disciplines fiscal policymakers and thereby reduces taxes, average ...
Blandine Zimmer, Carsten Hefeker
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Exacerbate or alleviate? Impact of economic policy uncertainty on excess cash holdings
Humanities & Social Sciences CommunicationsIn recent years, to address economic instability following the global financial crisis, inflationary pressures, and technological transformations, firms have embraced a cash is king conservative strategy to cope with the uncertainty.
Minyu Zheng +2 more
doaj +1 more source
Return spillover of Vietnam's sectors in response to US uncertainties
HeliyonThis paper investigates the impact of US economic policy uncertainty and geopolitical risk on the return spillovers among 24 sectors in Vietnam from April 13, 2017, to April 8, 2022.
Duc Hong Vo +2 more
doaj +1 more source
Monetary Instruments and Policy Rules in a Rational Expectations Environment [PDF]
This paper explores the implications of rational expectations and the aggregate supply theory advanced by Lucas (1973) for analysis of optimal monetary policy under uncertainty along the lines of Poole (1970), returning to a topic initially treated by ...
Michael Dotsey, Robert G. King
core
Policy implementations for organic agriculture: A real options approach [PDF]
Organic farming has experienced a vast increase within the EU, despite the fact that it implies greater risk and uncertainty than that of conventional farming.
Alexopoulos, George +3 more
core +1 more source