This paper examines the effect of economic policy uncertainty and its components on firm-level investment. It is found that economic policy uncertainty in interaction with firm-level uncertainty depresses firms’ investment decisions. When firms are in doubt about costs of doing business due to possible changes in regulation, cost of health care and taxes, they become more guarded with investment plans. The effect of economic policy uncertainty on firm-level investment is greater for firms with higher firm-level uncertainty and during a recession. News-based policy shock has a significantly negative long-term effect on firms’ investment. Federal expenditure forecast interquartile range shock has a significant negative effect in the short- an...
Recessions create uncertain economic environments which agents must navigate when making costly deci...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
Recessions create uncertain economic environments which agents must navigate when making costly deci...
This paper examines the effect of economic policy uncertainty and its components on firm-level inves...
In this paper I study whether policy uncertainty has an effect on corporate research and development...
The years following the global economic crisis of 2008-2009 have been marked by policy uncertainty, ...
In recent years, the ubiquitous and intensifying nature of economic policy uncertainty has made it a...
AbstractA stable economic condition is crucial for an organization’s success. Any fluctuation in eco...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...
Does policy uncertainty affect productivity? Policy uncertainty creates delays as firms await new in...
In the theory of finance, uncertainty plays a crucial role.Economists often use the terms uncertaint...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
We examine the impact on firm cash holdings of uncertainty of uncertainty, measured as the ex post v...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
Recessions create uncertain economic environments which agents must navigate when making costly deci...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
Recessions create uncertain economic environments which agents must navigate when making costly deci...
This paper examines the effect of economic policy uncertainty and its components on firm-level inves...
In this paper I study whether policy uncertainty has an effect on corporate research and development...
The years following the global economic crisis of 2008-2009 have been marked by policy uncertainty, ...
In recent years, the ubiquitous and intensifying nature of economic policy uncertainty has made it a...
AbstractA stable economic condition is crucial for an organization’s success. Any fluctuation in eco...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...
Does policy uncertainty affect productivity? Policy uncertainty creates delays as firms await new in...
In the theory of finance, uncertainty plays a crucial role.Economists often use the terms uncertaint...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
We examine the impact on firm cash holdings of uncertainty of uncertainty, measured as the ex post v...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
Recessions create uncertain economic environments which agents must navigate when making costly deci...
Abstract. This study aims to investigate the effect of political uncertainty as a determinant of inv...
Recessions create uncertain economic environments which agents must navigate when making costly deci...