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Model Uncertainty and Policy Design
This article illustrates the main challenges and forces that emerge in optimal policy design when there are doubts about the probability model of uncertainty. Model doubts can stem from either the side of the public or the side of the policymaker, and they can give rise to cautious probabilistic assessments.openaire +2 more sources
Economic recovery and policy uncertainty [PDF]
Until some political mechanism creates incentives to elect moderate representatives who can reach across the ideological divide, the US seems destined to heightened levels of policy uncertainty for many years to come. Some research suggests that such uncertainty, particularly over economic policy, partly explains the sluggish nature of the recovery in ...
Scott R. Baker +3 more
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Effect of Uncertainty on Optimal Control Policies
International Economic Review, 1973IN THIS PAPER, I will provide a method for ascertaining the optimal control policy and the associated welfare cost in a control problem where the welfare cost is quadratic and the econometric model used is linear and the values of its parameters are uncertain.
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Does climate policy uncertainty really affect corporate financialization?
Environment, Development and Sustainability, 2023Xiaohang Ren +3 more
semanticscholar +1 more source
Climate policy uncertainty and risks taken by the bank: Evidence from China
International Review of Financial Analysis, 2023Zhifeng Dai, Xiaotong Zhang
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Climate policy uncertainty and the price dynamics of green and brown energy stocks
Finance Research Letters, 2022Elie Bouri, N. Iqbal, Tony Klein
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Digitization, perception of policy uncertainty, and corporate green innovation: A study from China
Economic Analysis and Policy, 2023Yini Geng, Zhiqiang Zheng, Yongjian Ma
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Global climate policy uncertainty and financial markets
Journal of international financial markets, institutions, and moneyQiang Ji +4 more
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Environmental science and pollution research international, 2021
M. K. Anser, N. Apergis, Q. Syed
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M. K. Anser, N. Apergis, Q. Syed
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