determinants, we resort to simulation and bootstrap methods for the analysis. Results based on the Common Correlated Effect …

We employ bootstrap methods (Efron (1979)) to test the effect of an important electoral reform implemented in Italy …

its asymptotic distribution, and we show how this distribution can be approximated by bootstrap methods. Our analysis …

bootstrap, allowing the construction of asymptotically valid joint confidence sets for any subset of structural impulse …

different bootstrap distributions. …

rulings at the European Court of Justice (ECJ) are uncertain. We find that higher uncertainty about the preferences of the ECJ …

risk preferences. Here, we develop an analogous tool for choice under uncertainty – the ambiguity triangle – and show that …

is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …

taxes on investment timing under uncertainty and irreversibility and the propensity to carry out risky projects. Using a …