We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standard-deviation increase in Brexit uncertainty …

between investment and uncertainty across and within countries. For example, while investment in France, Italy and Spain … structural vector autoregression model to study the relationship between different sources of uncertainty and investment in … machinery and equipment as a proxy for business investment. We document strong heterogeneity and asymmetries in the relationship …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standarddeviation increase in Brexit uncertainty …

between investment and uncertainty across and within countries. For example, while investment in France, Italy and Spain … structural vector autoregression model to study the relationship between different sources of uncertainty and investment in … machinery and equipment as a proxy for business investment. We document strong heterogeneity and asymmetries in the relationship …

This paper investigates the link between corporate debt and investment for a group of five peripheral euro area … countries. Using firm-level data from 2005-2014, we postulate a non-linear corporate leverage-investment relationship and derive … thresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt …

This paper analyses the implications of corporate indebtedness for investment following large economic shocks. The … suggest that investment of high-debt firms is significantly depressed for an extended period in the aftermath of economic …% higher than that of firms with lower debt burdens. The negative impact of high debt on investment is most evident for firms …

level investment sensitivity to cash flow is used to identify financing constraints. We find that the sensitivities are … importantly, the cash flow sensitivity of investment is lower in countries with better-developed financial markets. This suggests …

This paper investigates the link between corporate debt and investment for a group of five peripheral euro area … countries. Using firm-level data from 2005-2014, we postulate a non-linear corporate leverage-investment relationship and derive … thresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt …

This paper analyses the implications of corporate indebtedness for investment following large economic shocks. The … suggest that investment of high-debt firms is significantly depressed for an extended period in the aftermath of economic …% higher than that of firms with lower debt burdens. The negative impact of high debt on investment is most evident for firms …

We investigate the impact of expectations about future climate policy on investment decisions of fossil fuel firms. Our … empirical analysis reveals that firms with greater exposure to climate change significantly increased their investment in … response to the Paris Agreement, in contrast to firms with lower exposure. Importantly, investment was directed towards …