The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …

national security as of March 2022. Fourth, firm-level risk perceptions skewed heavily to the downside in spring 2020 but …. Fifth, our survey evidence suggests that elevated uncertainty is exerting only mild restraint on capital investment plans …

took place in Spain on February 23, 1981. Although short-lived and unsuccessful, the event generated stress and fear among …

This paper provides new evidence for the evolution of regional unemployment rates in Spain over the 1980-2000 period … techniques, we estimate a structural labour market model for each group and evaluate the unemployment contributions of investment …

A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers … the U.S. Census Bureau for approximately 25,000 manufacturing plants. We find three key results. First, investment is … associated with about a 6% reduction in investment. Second, uncertainty is also negatively related to employment growth and …