Results 11 to 20 of about 1,405,758 (306)
Climate policy design under uncertainty [PDF]
The uncertainty surrounding both costs and benefits associated with global climate change mitigation creates enormous hurdles for scientists, stakeholders, and decisionmakers. A key issue is how policy choices balance uncertainty about costs and benefits.
Pizer, William
openaire +4 more sources
Welfare-Maximizing Monetary Policy Under Parameter Uncertainty [PDF]
This paper examines welfare-maximizing monetary policy in an estimated micro-founded general equilibrium model of the U.S. economy where the policymaker faces uncertainty about model parameters. Uncertainty about parameters describing preferences and technology implies not only uncertainty about the dynamics of the economy.
Thomas Laubach +2 more
openaire +9 more sources
Environmental Policy Choice under Uncertainty [PDF]
textabstractMarket-based instruments are believed to create more efficient incentives for firms to adopt new technologies than command-and-control policies. We compare the effects of a direct technology regulation and of an adoption subsidy under asymmetric information about the costs of technological advances in pollution control.
Ioulia V. Ossokina, Otto H. Swank
openaire +4 more sources
Economic policy uncertainty, monetary policy, and housing price in China
This paper analyzes the impact of macroeconomic variables on house price volatility under different regimes of policy uncertainty, incorporating the Economic Policy Uncertainty Index and several Chinese macroeconomic data sets for the period from 1999 to
Sen Wang +3 more
doaj +1 more source
Should gold be held under global economic policy uncertainty?
This paper investigates the ability of gold to hedge worldwide risks from the perspective of global economic policy uncertainty (GEPU). By applying the full- and sub-sample rolling-window bootstrap causality tests to analyze the dynamic interaction ...
Meng Qin +3 more
doaj +1 more source
Designing Affirmative Action Policies under Uncertainty
We study university admissions under a centralized system that uses grades and standardized test scores to match applicants to university programs. In the context of this system, we explore affirmative action policies that seek to narrow the gap between the admission rates of different socio-demographic groups while still accepting students with high ...
Corinna Hertweck +2 more
openaire +2 more sources
Retracted: The impacts of economic policy uncertainty on firm cash holding in China.
Cash holding is an important strategic decision of enterprises. As a macro-level factor, economic policy uncertainty causes risks, affecting enterprises' cash holdings. Taking the quarterly financial data of China's A-share non-financial listed firms for
Xin Chen +6 more
doaj +1 more source
Uncertainty in Economic Policy and Corporate Risk-taking: Product Market Competition, Financial Friction, and Financialization [PDF]
Objective In recent years, the volatility of macroeconomic variables and the opacity surrounding the general direction of government economic policies have fostered an environment of uncertainty for the country's economic activities.
Mohammad Omid Akhgar +2 more
doaj +1 more source
Stepwise Green Investment under Policy Uncertainty [PDF]
We analyse how market price and policy uncertainty, in the form of random provision or retraction of a subsidy, interact to affect the optimal time of investment and the size of a renewable energy (RE) project that can be completed in either a single ...
Chronopoulos, M. +2 more
core +3 more sources
Despite its projected crucial role in stringent, future global climate policy, non-CO2 greenhouse gas (NCGG) mitigation remains a large uncertain factor in climate research.
Mathijs Harmsen +5 more
doaj +1 more source

