Search Results - subject:"Knightian uncertainty"

Stock price swings and fundamentals : the role of Knightian uncertainty

Mangee, Nicholas - In: International review of financial analysis 91 (2024), pp. 1-11

Persistent link: https://www.econbiz.de/10014446941

Optimal robust monetary and fiscal policy under uncertainty on the lower bound

Özcan, Gülserim; Traficante, Guido - In: Journal of macroeconomics 81 (2024), pp. 1-21

Persistent link: https://www.econbiz.de/10015064426

Ambiguity and risk in the oil market

Ayoub, Mahmoud; Qadan, Mahmoud - In: Economic modelling 132 (2024), pp. 1-14

Persistent link: https://www.econbiz.de/10014547975

Heterogeneity of foreign investors and Knightian uncertainty : evidence from the Chinese capital market

Li, Yang; Meng, Yongqiang; Xiong, Xiong; Wang, Yang - In: Global finance journal 61 (2024), pp. 1-17

Persistent link: https://www.econbiz.de/10014635916

Expectations concordance and stock market volatility: Knightian uncertainty in the year of the pandemic

Frydman, Roman; Mangee, Nicholas - In: Journal of Risk and Financial Management 14 (2021) 11, pp. 1-13

events that are each somewhat unique cause unforeseeable change and Knightian uncertainty in the process driving outcomes …

Persistent link: https://www.econbiz.de/10013201204

To Be or Not to Be: The Entrepreneur in Endogenous Growth Theory

Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2021

We examine the conceptualization of entrepreneurs in neo-Schumpeterian growth theory, which has reintroduced entrepreneurs into mainstream economics. Specifically, we analyze how neo-Schumpeterians relate to the contradiction between the entrepreneur-centered view of Schumpeter (1934) and the...

Persistent link: https://www.econbiz.de/10012615453

Viability and Arbitrage Under Knightian Uncertainty

Burzoni, Matteo; Riedel, Frank; Soner, H. Mete - In: Econometrica 89 (2021) 3, pp. 1207-1234

We reconsider the microeconomic foundations of financial economics. Motivated by the importance of Knightian … uncertainty in markets, we present a model that does not carry any probabilistic structure ex ante, yet is based on a common order …

Persistent link: https://www.econbiz.de/10012620997

Term structure modeling under volatility uncertainty

Hölzermann, Julian - In: Mathematics and Financial Economics 16 (2021) 2, pp. 317-343

In this paper, we study term structure movements in the spirit of Heath et al. (Econometrica 60(1):77–105, 1992) under volatility uncertainty. We model the instantaneous forward rate as a diffusion process driven by a G-Brownian motion. The G-Brownian motion represents the uncertainty about...

Persistent link: https://www.econbiz.de/10014501734

Optimal consumption and portfolio choice with ambiguous interest rates and volatility

Lin, Qian; Riedel, Frank - In: Economic theory 71 (2021) 3, pp. 1189-1202

Persistent link: https://www.econbiz.de/10012584420

Production and inventory dynamics under ambiguity aversion

Luo, Yulei; Nie, Jun; Wang, Xiaowen; Young, Eric R. - 2021

Persistent link: https://www.econbiz.de/10012628851