This paper studies the aggregate implications of microeconomic investment irreversibility and idiosyncratic uncertainty. We explore the ability of irreversibility to endogenously generate differences in firms sizes.INVESTMENTS ; UNCERTAINTY
This paper investigates the irreversibility of investments and the impact this has on the nature of ...
We define the irreversibility effect and demonstrate its importance in problems involving investment...
When investment is irreversible and future profits are uncertain, there may be a value of waiting be...
This paper studies the long and short run macroeconomic consequences of irreversible invest-ment at ...
Partial equilibrium models suggest that when uncertainty increases, agents increase savings and at t...
This paper shows that with (partial) irreversibility higher uncertainty reduces the "responsiveness ...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
Recent theoretical developments relating to investment under uncertainty have highlighted the import...
Recent theoretical developments relating to investment under uncertainty have highlighted the import...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
The paper analyses irreversible investment under stationary uncertainty in a competitive sector. It ...
The paper analyses irreversible investment under stationary uncertainty in a competitive sector. It ...
Recent theoretical developments relating to investment under uncertainty have highlighted the import...
This article presents a survey of recent theoretical, as well as empirical, contributions concerning...
This paper contributes to the existing literature by showing that uncertainty produces a non-uniform...
This paper investigates the irreversibility of investments and the impact this has on the nature of ...
We define the irreversibility effect and demonstrate its importance in problems involving investment...
When investment is irreversible and future profits are uncertain, there may be a value of waiting be...
This paper studies the long and short run macroeconomic consequences of irreversible invest-ment at ...
Partial equilibrium models suggest that when uncertainty increases, agents increase savings and at t...
This paper shows that with (partial) irreversibility higher uncertainty reduces the "responsiveness ...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
Recent theoretical developments relating to investment under uncertainty have highlighted the import...
Recent theoretical developments relating to investment under uncertainty have highlighted the import...
This paper shows that with (partial) irreversibility higher uncertainty reduces the responsiveness o...
The paper analyses irreversible investment under stationary uncertainty in a competitive sector. It ...
The paper analyses irreversible investment under stationary uncertainty in a competitive sector. It ...
Recent theoretical developments relating to investment under uncertainty have highlighted the import...
This article presents a survey of recent theoretical, as well as empirical, contributions concerning...
This paper contributes to the existing literature by showing that uncertainty produces a non-uniform...
This paper investigates the irreversibility of investments and the impact this has on the nature of ...
We define the irreversibility effect and demonstrate its importance in problems involving investment...
When investment is irreversible and future profits are uncertain, there may be a value of waiting be...