"Leverage Effect" in the returns of BIST-100 index. Therefore, one can say that political uncertainty is still a problem for the …

sensitivities to standard risk factors over the sample period from 2007 to 2014. By contrast, comparable bonds (same currency … denomination and credit rating category) issued by foreign entities did not offer significant risk-adjusted returns and exhibited … markedly different sensitivities to Swiss and global risk factors. However, the positive risk-adjusted returns on Swiss bonds …

optimal policy design in a context with more than one externality while taking explicitly into account uncertainty surrounding …-focused. Besides uncertainty on the state of the world concerning actual marginal emission damage, we consider the technological … existing externalities and optimal instrument choice is shown to be dependent on risk aversion of society as a whole as well as …

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