irreversible investment are more exposed to policy uncertainty. In sectors with large irreversible investment EPU has a greater … effect on growth, investment, and leverage. The results are robust to different definitions of investment irreversibility …Uncertainty over economic policy plays a key role in economic outcomes. But evidence and quantification for emerging …

, higher uncertainty raises the hurdle level that triggers investment, and uncertainty has a negative effect on investment …Panel data on Ghanaian manufacturing firms are used to test predictions from models of irreversible investment under … uncertainty. Information on the entrepreneur’s subjective probability distribution over future demand for the firm’s products is …

We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with …

In this paper I apply firm-level analysis to examine how the Brexit process has affected business investment in the UK … had a considerable and statistically significant negative impact on firm investment in the UK after the referendum. At the … same time, the post-referendum sterling depreciation has likely contributed positively to investment expenditure by more …

We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store … investment, or a ""volatility trap."" Namely, big savers invest relatively little. In contrast, low volatility of permanent … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …

uncertainty using options contracts. VAR analysis shows that the investment response to an uncertainty shock of average magnitude … alternative definitions for investment, uncertainty, and options' maturing time … prices' sharp decline and forecast uncertainty since the end of the commodity super-cycle has rekindled the debate on Chile …

improved since the mid-1980s; that private investment is mostly influenced by the risk of expropriation, the degree of civil …This paper provides empirical support for the view that enhanced economic security fosters private investment and … liberty, and the degree of independence of the bureaucracy; and that economic growth is affected by the risk of expropriation …

Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not …, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro … investment but that they do not appear to account fully for recent weak performance, suggesting a key role of the business …

Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not …, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro … investment but that they do not appear to account fully for recent weak performance, suggesting a key role of the bu …

This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which … this framework, the paper shows that productive investment may increase or decrease the bargaining power of the debtor …