Results 21 to 30 of about 191,604 (269)

Endogenous uncertainty and monetary policy

open access: yesMacroeconomic Dynamics, 2020
AbstractIn this paper, we empirically explore the endogeneity of uncertainty and the interaction between different types of uncertainty and monetary policy using a shock-restricted vector-autoregression model. We find that a contractionary monetary policy shock reduces financial uncertainty, opposite to the findings in the previous literature, while at
ShinHyuck Kang, Kwangyong Park
openaire   +1 more source

Model Uncertainty and Monetary Policy [PDF]

open access: yesSSRN Electronic Journal, 2007
Model uncertainty has the potential to change importantly how monetary policy should be conducted, making it an issue that central banks cannot ignore. In this paper, I use a standard new Keynesian business cycle model to analyze the behavior of a central bank that conducts policy with discretion while fearing that its model is misspeci…ed.
openaire   +3 more sources

DOES ECONOMIC POLICY UNCERTAINTY REDUCE FINANCIAL INCLUSION?

open access: yesThe International Journal of Banking and Finance, 2021
This study investigates whether the level of economic policy uncertainty (EPU) would reduce the level of financial inclusion. It was predicted that a high level of EPU could have a negative effect on the level of financial inclusion. It was argued that a
Peterson K Ozili
doaj   +1 more source

The Effect of Economic Policy Uncertainty on Corporate Investment: Evidence from Companies Listed on the Tehran Stock Exchange [PDF]

open access: yesتحقیقات مالی, 2021
Objective: Corporate investment in corporate financial theory is influenced by various factors, that are important in evaluating, identifying and determining the optimal level of investment of companies.
Somayeh Loni   +2 more
doaj   +1 more source

Trump’s Tariffs and Trade Resilience: A Comparative PPML Analysis of Jordan and Egypt’s Export performance [PDF]

open access: yesالمجلة العلمية للدراسات والبحوث المالية والتجارية
The study investigates the differential impact of U.S. tariffs imposed under President Donald Trump (2017–2021 and 2025) on the export performance of Jordan and Egypt—two MENA economies with divergent trade structures, market dependencies, and policy ...
Abeer Rashdan, Khalid Wazani
doaj   +1 more source

Political Uncertainty and Financial Firm Performance: Evidence from the Thai Economy as an Emerging Market in Asia

open access: yesEconomies, 2023
This study analyzes the effects that certain political-uncertainty factors have on financial firm performance in the Stock Exchange of Thailand (SET). The results of a panel regression performed on a database of 7976 firm-years over 18-year unbalanced ...
Worraphan Trakarnsirinont   +2 more
doaj   +1 more source

Modelling the impacts of uncertain carbon tax policy on maritime fleet mix strategy and carbon mitigation

open access: yesTransport, 2018
The maritime transport industry continues to draw international attention on significant Greenhouse Gas emissions. The introduction of emissions taxes aims to control and reduce emissions.
Mo Zhu, Michael Chen, Murat Kristal
doaj   +1 more source

The dynamic relationship between economic policy uncertainty and substantial economic growth in China [PDF]

open access: yesMarine Economics and Management, 2021
Purpose – Under the background of the overall increase of China's economic policy uncertainty and the urgent need for the transformation and upgrading of the substantial economy, this paper studies the time-varying causality between China's economic ...
Junchao Li, Shan Huang
doaj   +1 more source

Policy Uncertainty, Persistence and Growth* [PDF]

open access: yesReview of International Economics, 1993
AbstractThis paper explores links between policy uncertainty and growth. Using an endogenous growth model in which domestic investment is characterized by irreversibilities and policy fluctuates between a high‐ and a low‐tax regime, it shows that the magnitude of policy fluctuation and the persistence of policy jointly determine the pattern of ...
Joshua Aizenman, Nancy Marion
openaire   +1 more source

Monetary Policy Uncertainty and Monetary Policy Surprises [PDF]

open access: yesFinance and Economics Discussion Series, 2020
Monetary policy uncertainty affects the transmission of monetary policy shocks to longer-term nominal and real yields. For a given monetary policy shock, the reaction of yields is more pronounced when the level of monetary policy uncertainty is low.
Michiel De Pooter   +3 more
openaire   +1 more source

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