investment dynamics. By doing so, we compare five prominent uncertainty proxies put forward in the recent literature: the … type of uncertainty proxy, we document pronounced negative investment responses to uncertainty shocks. We further show that …Investment fell sharply in the euro area after the financial crisis and has not yet returned to pre-crisis levels in …

investment dynamics. By doing so, we compare five prominent uncertainty proxies put forward in the recent literature: the … type of uncertainty proxy, we document pronounced negative investment responses to uncertainty shocks. We further show that …Investment fell sharply in the euro area after the financial crisis and has not yet returned to pre-crisis levels in …

Network expansions in power markets usually lead to investment decisions subject to substantial irreversibility and … uncertainty. Hence, investors need valuing the flexibility to change decisions as uncertainty unfolds progressively. Real option … transmission investment. The effect of option's maturity, the initial outlay and the capital cost upon the value of the …

We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

uncertainty about U.S. macrofinancial prospects and global demand drive this overoptimism. These common factors matter most for … advanced economies and G-20 countries. The results suggest that an increase in uncertainty-driven overoptimism has dampening …

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 …

and suggest the use of disaggregated investment data to deepen our knowledge on the relationship between uncertainty and … lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future … prices in foreign markets. We believe that this hampers firm investment in the short term. Using this change in monetary …

uncertainty in an analysis of these policies. We model FG as an anticipated temporary interest rate peg. The degree of parameter … uncertainty is considerable and increasing in the length of FG. The probability of being able to reset prices and wages is the … most important factor driving uncertainty about inflation. In contrast, variations in financial intermediaries' net worth …