We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standarddeviation increase in Brexit uncertainty …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standarddeviation increase in Brexit uncertainty …

The aim of this paper is to investigate the effect of economic policy uncertainty on firms' investment decisions. We … (EPU) indicator available for this country. We find strong evidence that uncertainty reduces corporate investment. This …-related uncertainty reduces corporate investment through increases in precautionary savings or to worsening of credit conditions. …

We study the impact of a financial transaction tax (FTT) in a model that combines asset trade and real investment. An …

, short-sale constraints increase the informativeness of prices to some agents who learn about the quality of an investment … opportunity from market prices and have additional private information. In a setting with investment complementarities, this leads …

stock returns and unanticipated index changes. Regulatory exposure is associated with material declines in investment and … irreversible investment opportunities. The results shed new light on the heterogeneous economic impact of regulation and on its …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standard-deviation increase in Brexit uncertainty …

The aim of this paper is to investigate the effect of policy uncertainty on firms' investment decisions. We focus on … this country. We find strong evidence that policy uncertainty reduces corporate investment. Furthermore, the heterogeneous … decrease investment significantly more than their counterparts. Overall, these results are consistent with the hypotheses that …