Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

and suggest the use of disaggregated investment data to deepen our knowledge on the relationship between uncertainty and …A sudden change in monetary policy happened in Switzerland on January 15th, 2015. The Swiss National Bank removed a … lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future …

and suggest the use of dis-aggregated investment data to deepen our knowledge on the relationship between uncertainty and …A sudden change in monetary policy happened in Switzerland on January 15th, 2015. The Swiss National Bank removed a … lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future …

In Switzerland a sudden policy uncertainty shock happened in February 2014 with the close and largely unexpected … consequences of this substantial policy uncertainty shock on firms' private fixed investment and employment plans. We find that … those firms that believe that potential growth in Switzerland will deteriorate and those that report that investment …

In Switzerland a sudden policy uncertainty shock happened in February 2014 with the close and largely unexpected … consequences of this substantial policy uncertainty shock on firms' private fixed investment and employment plans. We find that … those firms that believe that potential growth in Switzerland will deteriorate and those that report that investment …

irrational behavior and had ignored the risk associated with group think. Taking data from Switzerland our study shows that there …

This paper compares quantitative and qualitative data on firm level. The data is taken from two Swiss investment … surveys. This has not yet been done in the literature. We will see that the mean change in investment of firms planning to … increase (decrease) investments is positive (negative). In contrast, the mean change in investment of firms indicating "no …