process mixture model (DPMM) is introduced to represent the load uncertainty, which might bring about the economic risk. To … WCVaR based two-step risk averse market clearing model (MCM) is proposed. Finally, we conduct numerical studies based on the …Demand response program is being implemented in the National Electricity Market of Singapore, which boosts the …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes …

In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …

changes in the interest rate on macroeconomic investment under the scenarios of certainty and uncertainty. We capture the … macroeconomic investment in times of low or even zero interest rates and high uncertainty. Only if the central bank implements … important driver of macroeconomic investment. As an innovation, this paper derives the exact shape of the "hysteretic" impact of …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

How does economic uncertainty affect the impact of tax policy? We exploit a natural experiment in which two very … similar investment subsidies were implemented in the same country, two years apart: once during a period of economic stability …, and once during a period of very high uncertainty. Exploiting sharp discontinuities in eligibility and using rich …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost … significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …