Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book …

settings in many countries are projected to lead to unsustainable levels of public debt; Tax Policy and Uncertainty explores … models that allow for feedbacks and uncertainty to combat this. Applicable to any country, the models in the book explore the … focusing on fiscal policy will appreciate the improved models in this book that allow both for uncertainty and feedback effects …

, financial imperfections and uncertainty. After reviewing the capital market imperfections literature and the empirical results …, the authors discuss both traditional investment models with uncertainty and the more modern option based models. They … present an overview of empirical results of the modelling of investment under uncertainty. In these examples, the effects of …