We use a copula approach to investigate the effect of uncertainty on crude-oil returns. Using copulas to construct … time-varying effect of equity and economic policy uncertainty on oil returns. The results show that higher uncertainty, as … measured by equity and economic policy uncertainty indices, significantly increase crude-oil returns only during certain …

generally considers stabilization targets under certainty equivalence. Using an integrated assessment model with uncertainty … the range of feasible targets and show that in general, climate change has too much uncertainty and inertia to be … controlled with the precision implied by stabilization targets. We find that uncertainty exacerbates the welfare cost of …

measure and value uncertainty which are critical steps in decision making, real options are scarcely used in practice. The …

technique for training translators which may be effectual in increasing student’s uncertainty management and solving problems …. Uncertainty is an estate of indecision in the process of translation, and it is closely related to solving problem and uncertainty … argues students who were using think-aloud protocols to verbalize the text may present better uncertainty management in their …

emerging markets investigated reduces the stock market volatility, attributed to decrease in uncertainty about government …). Overall, our results suggest that stock price volatility decreases as the uncertainty about government policy becomes more …

notion of both fields: uncertainty and the ways of thinking about it developed by the two disciplines. After having presented … the main economic theories of uncertainty (provided by Knight, Keynes and Hayek), I show how this notion is paradoxically … excluded from the economic field. In economics, uncertainty is totally reduced by an a priori Gaussian framework—in contrast to …

We analyze the causal effects of real and nominal macroeconomic uncertainty on inflation and output growth by … countries during 1957–2009, we find strong nonlinearities. First, uncertainty regarding the output growth rate is related with a … inflation uncertainty diminishes growth rates, mainly at a high-inflation regime. Finally, real uncertainty has mixed effects on …