Gilchrist, Simon (contributor); … - 2002 - [Elektronische Ressource]
Investment, Capacity, and Uncertainty:
A Putty-Clay Approach
1
Simon Gilchrist
Boston University, Federal Reserve Bank … about the productivity of
an investment project typically reduces investment at the micro level, but it
raises aggregate … investment. Increases in uncertainty also have important dy-
namic implications, causing sustained increases in investment and …