Add to ORKGIncludes bibliographical references (p. 25-26).Funded by MIT's Center for Energy Policy Research. Funded by the National Science Foundation. SES-8618502 SES-9208896 Supported by the Sloan Foundation, and the National Bureau of Economic Research (through an Olin Fellowship).Ricardo J. Caballero, Robert S. Pindyck
This thesis focuses on the role of uncertainty in investment decisions. For years, many economists d...
In the theory of finance, uncertainty plays a crucial role.Economists often use the terms uncertaint...
We explore the key mechanisms whereby uncertainty impacts the business cycle by exploring the intera...
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investm...
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investm...
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investm...
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 ...
This paper clarifies how uncertainty affects irreversible investment in a competitive market equilib...
Includes bibliographical references (p. 36-40).Supported by M.I.T.'s Center for Energy and Environme...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
This paper estimates the responsiveness of irreversible investment to uncertainty using financial da...
Most investment expenditures have two important characteristics. First, they are largely irr...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
I study irreversible investment decisions when projects take time to complete, and are subject to tw...
This thesis focuses on the role of uncertainty in investment decisions. For years, many economists d...
In the theory of finance, uncertainty plays a crucial role.Economists often use the terms uncertaint...
We explore the key mechanisms whereby uncertainty impacts the business cycle by exploring the intera...
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investm...
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investm...
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investm...
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 ...
This paper clarifies how uncertainty affects irreversible investment in a competitive market equilib...
Includes bibliographical references (p. 36-40).Supported by M.I.T.'s Center for Energy and Environme...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
This paper estimates the responsiveness of irreversible investment to uncertainty using financial da...
Most investment expenditures have two important characteristics. First, they are largely irr...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
I study irreversible investment decisions when projects take time to complete, and are subject to tw...
This thesis focuses on the role of uncertainty in investment decisions. For years, many economists d...
In the theory of finance, uncertainty plays a crucial role.Economists often use the terms uncertaint...
We explore the key mechanisms whereby uncertainty impacts the business cycle by exploring the intera...