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This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …
Persistent link: https://www.econbiz.de/10011400788
-related investment cost is uncertain. Holding the average one-period investment cost constant, policy uncertainty leads to a higher … capital price and subsequently to lower levels of long-run aggregate investment and output. Policy uncertainty also makes … the simulated investment sequences from the model mimic the actual investment sequences. I find that policy uncertainty …
Persistent link: https://www.econbiz.de/10014198834
investment (FDI) from its trend. Moreover, despite the quick recovery of local sales, Japanese MNCs in China have continued to …
Persistent link: https://www.econbiz.de/10011554377
branch is the theory of irreversible investment under uncertainty, the second the theory of competitive speculation in stocks … investment under uncertainty deals with problems of investment or planning where the investment outlay is irretrievable, once … spent. The combination of irreversibility and uncertainty has been shown to change the usual Marshallian action triggers …
Persistent link: https://www.econbiz.de/10014178075
This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …
Persistent link: https://www.econbiz.de/10013320768
In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes …
Persistent link: https://www.econbiz.de/10011349194
In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ … investment research. For example, not including factor prices in investment models may seriously affect the model outcomes …
Persistent link: https://www.econbiz.de/10014057062
growth prospects and uncertainty in explaining developments in non-residential private business investment in large advanced … uncertainty about global demand improves considerably the ability to explain investment growth. Our results suggest that the main … regarding the strength of future demand. Lower levels of uncertainty have supported investment growth modestly over 2013 …
Persistent link: https://www.econbiz.de/10011422052
Persistent link: https://www.econbiz.de/10012304120
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis had a sustained impact on consumer confidence, preferences, and hence, spending. The...
Persistent link: https://www.econbiz.de/10012670310