Emmons, William R. (contributor); … - 2004 - [Elektronische Ressource]
the yield curve increases the present value
of expected cash flows and should spur investment, lower short-term interest … policy actions could go either way. This article outlines a simple investment decision
rule that captures both effects of … investment.
Keywords: Business Fixed Investment, Monetary Policy, Real Options
Monetary Policy Actions and the Incentive to …