investment dynamics. By doing so, we compare five prominent uncertainty proxies put forward in the recent literature: the … type of uncertainty proxy, we document pronounced negative investment responses to uncertainty shocks. We further show that …Investment fell sharply in the euro area after the financial crisis and has not yet returned to pre-crisis levels in …

investment dynamics. By doing so, we compare five prominent uncertainty proxies put forward in the recent literature: the … type of uncertainty proxy, we document pronounced negative investment responses to uncertainty shocks. We further show that …Investment fell sharply in the euro area after the financial crisis and has not yet returned to pre-crisis levels in …

This paper explores how changes in macroeconomic uncertainty have affected the decision to reply to the European … Central Bank’s Survey of Professional Forecasters (ECB’s SPF). The results suggest that higher (lower) aggregate uncertainty … more individual uncertainty seem to have a lower likelihood of replying to the survey. Consequently, measures of …

This paper explores how changes in macroeconomic uncertainty have affected the decision to reply to the European … Central Bank's Survey of Professional Forecasters (ECB's SPF). The results suggest that higher (lower) aggregate uncertainty … more individual uncertainty seem to have a lower likelihood of replying to the survey. Consequently, measures of …

This paper explores how changes in macroeconomic uncertainty have affected the decision to participate in the European …. First, a time-series analysis explores if changes in measures of uncertainty over time have led to changes in aggregate … response rates. And second, a discrete-choice model for panel data is estimated to test if changes in uncertainty measures have …

In light of the recent discussion regarding the measurement of uncertainty and its impact on economic activity, this … paper derives forward-looking measures of uncertainty and directional expectations for the CHF/EUR exchange rate based on … uncertainty spillovers from the Eurozone. The resulting time series serves as a forwardlooking measure of exchange rate …

affects firms' investment decisions. Our results show that uncertainty is negatively correlated with investment. Secondly, it …The aim of this paper is twofold. First, it contributes to the long-running debate on the role of how uncertainty …

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 …

common EU/U.S. framework for examining manipulative behavior introduces uncertainty into compliance efforts by failing to …

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 …