In this paper we investigate how demand and output price uncertainty affect investment plans of Belgian manufacturing … literature: two reduced form equations and a structural Euler equation. Our results show that uncertainty depresses investment …, uncertainty postpones investment today in favour of investment tomorrow. This effect is stronger for firms with more irreversible …

In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used … general ones and has the advantage of providing closed form solutions for both short-run investment rule and long-run rate of …

under uncertainty. The paper focuses on the heterogeneity of firm level investment responses to both demand and supply side … sources of uncertainty. Accordingly, the investment-uncertainty relationship is examined across groups of firms with varying … degrees of investment irreversibility defined on the basis of market structures and access to secondary markets for capital …

under uncertainty. The paper focuses on the heterogeneity of firm level investment responses to both demand and supply side … sources of uncertainty. Accordingly, the investment-uncertainty relationship is examined across groups of firms with varying … degrees of investment irreversibility defined on the basis of market structures and access to secondary markets for capital …

This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of … Belgian manufacturing firms. In general, the results confirm former analysis at the aggregate level, stating that uncertainty … defined. It is shown that uncertainty has mainly an impact on the decision to invest and to a much lesser extent on the amount …

This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of … Belgian manufacturing firms. In general, the results confirm former analysis at the aggregate level, stating that uncertainty … defined. It is shown that uncertainty has mainly an impact on the decision to invest and to a much lesser extent on the amount …

under uncertainty. The paper focuses on the heterogeneity of firm level investment responses to both demand and supply side … sources of uncertainty. Accordingly, the investment-uncertainty relationship is examined across groups of firms with varying … degrees of investment irreversibility defined on the basis of market structures and access to secondary markets for capital …

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 …

uncertainty significantly reduces managers' expected investment, employment and production in the short and mid run. We collect …This paper studies the dynamic effects of an uncertainty shock on firm expectations. We conduct a survey that confronts … managers from a representative firm sample with a model-consistent uncertainty shock scenario. An exogenous increase in …

uncertainty significantly reduces managers' expected investment, employment and production in the short and mid run. We collect …This paper studies the dynamic effects of an uncertainty shock on firm expectations. We conduct a survey that confronts … managers from a representative firm sample with a model-consistent uncertainty shock scenario. An exogenous increase in …