Search Results - subject:"Time to Build"

Toxvaerd, Flavio - Center for the Study of Rationality, Hebrew University … - 2003

This paper sets forth a model of contracting for delivery in an environment with time to build and adverse selection …

Persistent link: https://www.econbiz.de/10005585343

Missing Aggregate Dynamics: On the Slow Convergence of Lumpy Adjustment Models

Caballero, Ricardo J.; Engel, Eduardo M.R.A. - Cowles Foundation for Research in Economics, Yale University - 2003

The dynamic response of aggregate variables to shocks is one of the central concerns of applied macroeconomics. The main measurement procedure for these dynamics consists of estimmiating an ARMA or VAR (VARs, for short). In non- or semi-structural approaches, the characterization of dynamics...

Persistent link: https://www.econbiz.de/10005762701

Adjustment Is Much Slower Than You Think

Caballero, Ricardo J.; Engel, Eduardo M.R.A. - Economic Growth Center, Economics Department - 2003

In most instances, the dynamic response of monetary and other policies to shocks is infrequent and lumpy. The same holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and prices. We show that the standard practice of estimating...

Persistent link: https://www.econbiz.de/10005558496

Adjustment is much slower than you think

Caballero, Ricardo J.; Engel, Eduardo - 2003

Persistent link: https://www.econbiz.de/10011609531

Sequential investment and delay: an agribusiness firm case study

Hachicha, Sameh; Kaaniche, Leila; Abid, Fathi - In: Agricultural Finance Review 71 (2011) 2, pp. 240-258

– Findings show that time to build is a very important factor in valuing an agribusiness especially when efficiency is strongly …

Persistent link: https://www.econbiz.de/10014667124

Distorted Time Preferences and Time-to-Build in the Transition to a Low-Carbon Energy Industry

Heinzel, Christoph; Winkler, Ralph - In: Environmental & Resource Economics 49 (2011) 2, pp. 217-241

Persistent link: https://www.econbiz.de/10010862853

Sequential investment and delay: an agribusiness firm case study

Hachicha, Sameh; Kaaniche, Leila; Abid, Fathi - In: Agricultural Finance Review 71 (2011) July, pp. 240-258

– Findings show that time to build is a very important factor in valuing an agribusiness especially when efficiency is strongly …

Persistent link: https://www.econbiz.de/10009274799

Time to build capital: Revisiting investment-cash-flow sensitivities

Tsoukalas, John D. - In: Journal of Economic Dynamics and Control 35 (2011) 7, pp. 1000-1016

time-to-build for capital projects creates an investment-cash-flow sensitivity as found in empirical studies that may not …-q equations under time-to-build investment. In addition, time aggregation error can give rise to cash-flow effects independently … of the time-to-build effect. Importantly, both errors arise independently of potential measurement error in q. Evidence …

Persistent link: https://www.econbiz.de/10009142940

Time-to-build, obsolescence and the technological paradox

Patriarca, Fabrizio - In: Structural change and economic dynamics : SC+ED 23 (2012) 1, pp. 1-10

Persistent link: https://www.econbiz.de/10009502134

Time-to-build investment and uncertainty in oligopoly

Dewit, Gerda; Leahy, Dermot - 2002

This paper examines how time to build alters strategic investment behaviour under oligopoly. Facing demand uncertainty …, firms decide whether to invest early or wait until uncertainty has been resolved. A game that captures time-to-build …

Persistent link: https://www.econbiz.de/10010293784