We examine the impact of political risk, macroeconomic policy uncertainty, and social risk on
sustainable development for a panel covering 47 developing economies from 1991 to 2020 …

Purpose Recent empirical studies by Antonakakis, Chatziantoniou and Filis (2013),
Brogaard and Detzel (2015) and Christou et al.(2017) present evidence, which supports the …

This article investigates the dynamic connectedness and spillover effects between category
policy uncertainty and WTI crude oil returns for oil-importing countries. To overcome the …

This paper makes an innovative contribution to the extant literature by analysing the
determinants of economic stimulus packages implemented by governments in response to …

Large pending fiscal policy changes, such as in the United States in 2012 or in Japan with
consumption taxes, often generate considerable uncertainty.“Fiscal cliff” episodes have …

The evaluation of environmental and health governance processes is an important part of
the innovation and perfection of modern governance systems. Based on the macropanel …

This paper develops a theory of endogenously (non-) Ricardian beliefs. That is, whether
Ricardian Equivalence holds in an equilibrium depends on endogenous private sector …

This paper investigates the macroeconomic effects of fiscal policy in a setting in which
private agents receive noisy signals about future shocks to government expenditures. We …

The intensifying nature of policy uncertainty makes it a popular explanation for recent weak
economic performance and puzzles. However, the empirical literature is limited in its ability …

This paper characterizes optimal fiscal policy when agents learn about future taxation. A
benevolent and fully rational government chooses taxes on labor income and state …