17 citations
4 papers
Effects of carbon pricing and other climate policies on CO2 emissions
Emanuel Kohlscheen, Richhild Moessner, Elod Takats
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive datab…
Optimal Transport of Information
Semyon Malamud, Anna Cieslak, Andreas Schrimpf
We study the general problem of Bayesian persuasion (optimal information design) with continuous actions and continuous state space in arbitrary dimensions. First, we show that wit…
Skew selection for factor stochastic volatility models
Jouchi Nakajima
This paper proposes factor stochastic volatility models with skew error distributions. The generalized hyperbolic skew t-distribution is employed for common-factor processes and id…
Dynamics and sparsity in latent threshold factor models: A study in multivariate EEG signal processing
Jouchi Nakajima, Mike West
We discuss Bayesian analysis of multivariate time series with dynamic factor models that exploit time-adaptive sparsity in model parametrizations via the latent threshold approach.…