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 …

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 …

This study aims to verify if there is a negative relation between the investment of Brazilian companies and the …

We investigate the analytical and empirical linkages between cash flow, uncertainty, and firms' capital investment … important firm-specific variables, uncertainty is an important determinant of firms' investment behavior. Depending on the … measure of uncertainty used, investment may be stimulated or curtailed by the effects of uncertainty on its own or through its …

significant amplifying role for market uncertainty in the relation between sentiment and aggregate investment. A one …-standard-deviation increase in uncertainty more than doubles the effect of sentiment on investment. Moreover, allowing uncertainty …The effects of sentiment should be strongest during times of heightened valuation uncertainty. As such, we document a …

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 …

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 …

, uncertainty reduces corporate investment and employment. Using a novel firm-level measure of cash flow uncertainty, we find … empirically that uncertainty has a strong negative impact on corporate employment and investment in both tangible and intangible …The effect of uncertainty on equilibrium wage rates causes uncertainty to have a negative impact on marginal q. In turn …

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 …

This paper studies the effects of changes in uncertainty on optimal leverage and investment in a dynamic firm … optimal leverage and investment dynamics. Financial innovation amplifies the effects of uncertainty shocks … increase in uncertainty leads to deleveraging, as entrepreneurs reduce their demand for external financing to be able to hedge …