Download or read book New activities the welfare cost of uncertainty and investment policies written by Joshua Aizenman and published by . This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investment in new activities and the welfare cost of uncertainty written by Joshua Aizenman and published by . This book was released on 1995 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investment in New Activities and the Welfare Cost of Uncertainity written by Joshua Aizenman and published by . This book was released on 1995 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investment in New Activities and the Welfare Cost of Uncertainty written by and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rate and Direction of Inventive Activity written by National Bureau of Economic Research and published by Princeton University Press. This book was released on 2015-12-08 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Investment and Risk in Africa written by Paul Collier and published by Springer. This book was released on 2016-07-27 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together academics in the fields of economics, political science, and law, with business practitioners in the fields of risk assessment and portfolio management. Their contributions are sequenced to tell a story. Africa is perceived as being a highly risky continent. As a result, investment is discouraged. These risks are partly exaggerated. However, to the extent that they reflect genuine problems, they are capable of being mitigated by insurance and reduced by political restraints such as central banks, investment charters, and international agreements.
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1997 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Production Externalities and Investment Caps written by Luca Di Corato and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contents of Recent Economics Journals written by and published by . This book was released on 1997-12-19 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Welfare Cost of Uncertainty in Policy Outcomes written by Edward Schlee and published by . This book was released on 2016 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper proposes a simple index of the welfare significance of uncertainty in the public goods resulting as policy outcomes. Our measure is the ex ante compensation an individual would require to accept an uncertain level of service compared to receiving the expected value of the distribution of possible values for that service. Our compensation measure is a function of the coefficient of relative risk aversion, the variance in the measure of environmental service associated with policy and relevant for the individual, and a set of conventional parameters that describe the properties of nonmarket benefit measures under conditions of certainty. We would expect that the inverse virtual price elasticity of the for the environmental service and the square of the coefficient of relative variation are the primary factors influencing the size of our compensation index
Download or read book The SAGE Handbook of Comparative Politics written by Todd Landman and published by SAGE. This book was released on 2009-06-30 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: ′Editors Landman and Robinson have compiled an excellent tour d′horizon of comparative politics. Distinguished contributors explore theoretical and methodological issues as well as examine the critical substantive domains that animate today′s comparativists. Graduate students and academics will want to keep this volume on their book shelf′ - Professor Mark Irving Lichbach, University of Maryland ′The SAGE Handbook of Comparative Politics is a major new resource for scholars of comparative politics, and of political science more generally. The Handbook covers the field with admirable thoroughness, but does not sacrifice depth for breadth. The chapters are written by notable scholars who provide rich discussions of their topics, and help to move the sub-discipline forward′ - B. Guy Peters, Professor, University of Pittsburgh The SAGE Handbook of Comparative Politics presents; in one volume, an authoritative overview of the theoretical, methodological and substantive elements of comparative political science. The 28 specially commissioned chapters, written by renowned comparative scholars, guide the reader through the central issues and debates, presenting a state-of-the-art guide to the past, present and possible futures of the field. The Handbook is divided into three parts. The first considers comparative methodologies and reviews the interactions between various sub-fields of comparative politics: political economy; political sociology; area studies; international relations; and institutional analysis. The second section examines nine ′classic′ issues of concern to comparativists, including government formation, political behaviour and democratization. In the final section, nine new and emerging areas of comparative research are considered, such as terrorism, electoral corruption, human rights and regional integration. The SAGE Handbook of Comparative Politics is an essential resource for researchers in political science, political sociology, political economy, international relations, area studies and all other fields with a comparative political dimension.
Download or read book The Welfare Cost of Perceived Policy Uncertainty written by Erzo F. P. Luttmer and published by . This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy uncertainty can reduce individual welfare when individuals have limited opportunities to mitigate or insure against consumption fluctuations induced by the policy uncertainty. For this reason, policy uncertainty surrounding future Social Security benefits may have important welfare costs. We field an original survey to measure the degree of policy uncertainty in Social Security and to estimate the impact of this uncertainty on individual welfare. On average, our survey respondents expect to receive only about 60 percent of the benefits they are supposed to get under current law. We document the wide variation around the expectation for most respondents and the heterogeneity in the perceived distributions of future benefits across respondents. This uncertainty has real costs. Our central estimates show that on average individuals would be willing to forego around 6 percent of the benefits they are supposed to get under current law to remove the policy uncertainty associated with their future benefits. This translates to a risk premium from policy uncertainty equal to 10 percent of expected benefits.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Working Paper Series written by and published by . This book was released on 1995 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Taxation in a Dynamic World written by Paolo M. Panteghini and published by Springer Science & Business Media. This book was released on 2007-05-10 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the economic principles of modern corporate taxation. It is novel in two respects. First of all, it analyzes not only the effects of taxation on firms' marginal choices, but also focuses on the impact of taxation on discrete choices, such as plant location, R and D investment, and new marketing programs. The second novelty is represented by the application of option pricing techniques to corporate taxation.
Download or read book New Techniques to Extract Market Expectations from Financial Instruments written by Paul Söderlind and published by . This book was released on 1997 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is a selective survey of new or recent methods to extract information about market expectations from asset prices for monetary policy purposes. Traditionally, interest rates and forward exchange rates have been used to extract expected means of future interest rates, exchange rates and inflation. More recently, these methods have been refined to rely on implied forward interest rates, so as to extract expected future time-paths. Very recently only the means but the whole (risk neutral) probability distribution from a set of option prices.
Download or read book Product Standards Coalitions in a Market Without Borders written by Alessandra Casella and published by . This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional analyses of standards in international trade identify standards as government regulations and investigate the potential for distortion of trade flows. In reality, however, private industry groups exercise critical influence on the determination of technical standards. The composition of these groups is affected by technology and market conditions, and in an integrated market the alliances of private firms are likely to cross national boundaries, generating harmonization bottom. across economic activities and across countries, economic integration should bring increased harmonization across countries and finer differentiation across products. Empirical evidence from the United States and the European Union, although mostly anecdotical, supports this prediction.
