on Trade and Environment (CTE) mandated the WTO Secretariat to compile and collate all environment-related measures … notified to WTO. The database also includes environment-related entries found in Trade Policy Reviews (TPRs). This information … time, we can better understand how the relationship between trade and environment is evolving in Members' trade policies …

on Trade and Environment (CTE) mandated the WTO Secretariat to compile and collate all environment-related measures … notified to WTO. The database also includes environment-related entries found in Trade Policy Reviews (TPRs). This information … time, we can better understand how the relationship between trade and environment is evolving in Members' trade policies …

The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

technologies under uncertainty. Specifically, given two technologies, one with lower costs at present, but the other with greater … emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these … uncertainty in the returns to R&D, how should one allocate the R&D budget? We develop a multi-stage stochastic dynamic programming …

Optimal layoff rules in closed form are derived for all workers in a firm that downsizes under uncertainty and faces … heterogeneous firing costs. The theoretical model predicts that the firm displaces workers with low firing costs, low expected … aircraft building company that went bankrupt in 1996 shows that workers with high uncertainty associated with higher than …