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"Such an approach could be helpful in facilitating public understanding of how various possible shifts in the economic outlook would be likely to affect the anticipated timing of policy firming," she said.
The effective timing of policy actions is an open challenge issue to researchers and also a much needed rule of thumb to policy makers and private agents.
Solutions of the model are used to show the implications of these two types of uncertainty for the timing of policy adoption.
If, a keen price competition is expected to prevail then the best timing of policy actions is nine months ahead the tourism period.
Except for technical innovation, the design and timing of policy interventions is crucial for reducing innovation barriers and improving production efficiency.
But if the choice and timing of policy measures is not right, the deficit reduction may turn out to be too much in the short run -- stunting the economic recovery -- and not enough in the long run.
Similar(51)
Hence, longitudinal data provide relevant information for the timing of policies and allow disentangling temporal aspects such as age, dosage and duration.
Furthermore, while the effects of the PES allocation on labour market variables are higher across IV specifications, the opposite is true for the timing of policies.
From an economic policy point of view, the timing of the policy action is a central issue.
In spite of differences in approaches, choice of climate change policy, etc., the wealth of evidence from multiple studies provides a broad consensus that ancillary health benefits from improved air quality are substantial, which can be useful information for the policy debate about the scope, design, and timing of climate policy.
The inclusion of documents in the review was guided by relevance of the evidence to the policy issues as perceived by researchers and availability of the document during the timing of the policy development.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com