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 …

, consequently, investors’ ability to hedge risk. We show that this is a robust feature of general investment decisions, and outline …Financial markets enable risk sharing and efficient allocation of capital. We characterize how these roles interact in … a “feedback effects” model with diversely informed, risk-averse investors and a manager who learns from prices when …

This paper aims at analyzing the role of uncertainty on investment. In our analysis, we will follow recent economic … that theoretically, and in the presence of irreversibility, demand and interest rate uncertainty both reduce demand for … positively affect investment, while the interest rate level is negatively correlated to the accumulation rate. As for uncertainty …

This paper aims at analyzing the role of uncertainty on investment. In our analysis we will follow recent economic … that theoretically, and in the presence of irreversibility, demand and interest rate uncertainty both reduce demand for … positively affect investment, while the interest rate level is negatively correlated to the accumulation rate. As for uncertainty …

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 …

Recent theoretical developments relating to investment under uncertainty have highlighted the importance of … irreversibility for the timing of investment expenditures and their expected returns. This has subsequently stimulated a growing … empirical literature which examines uncertainty and threshold effects of investment behaviour. This paper presents a review of …

This paper theoretically investigates the effect of uncertainty about future investment on expected stock returns … explain the value premium. Second, we investigate how uncertainty about investment affects expected stock returns. Based on … the closed-form solution in our framework, we suggest that less uncertainty about investment induces lower expected stock …

adjust investment if the realised situation is better than expected suggesting that the uncertainty component of the forecast …–2011 affect firms’ investment propensity. Understanding how forecast errors affect firm investment behaviour is key to mitigate … impact of absolute forecast errors on investment. Strikingly, asymmetries arise depending on the size and direction of the …

the literature, our empirical findings reveal a negative impact of firm-specific uncertainty on investment. However … adjust their investment if the realized situation is better than expected, which suggests that the uncertainty effect …This paper analyzes how firm-specific uncertainty affects firms’ propensity to invest. We measure firm …

investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the uncertainty effect …In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and …