in aggregate demand. As the investor is risk averse, volatility of aggregate demand reduces investment. Government … injects monetary noise to reduce the volatility in aggregate demand and induce higher investment. The monetary noise clouds … consumption spending, the investor increases investment …

How does the dispersion of firm-level shocks affect the investment channel of monetary policy? Using firm-level panel … policy has dampened real effects via the investment channel when firm-level TFP shock volatility is high. Our estimates for …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … the scenarios of both certainty and uncertainty. We capture the direct interest rate-hysteresis on the investments and the …

changes in the interest rate on macroeconomic investment under the scenarios of certainty and uncertainty. We capture the … macroeconomic investment in times of low or even zero interest rates and high uncertainty. Only if the central bank implements … important driver of macroeconomic investment. As an innovation, this paper derives the exact shape of the "hysteretic" impact of …

growth prospects and uncertainty in explaining developments in non-residential private business investment in large advanced … uncertainty about global demand improves considerably the ability to explain investment growth. Our results suggest that the main … regarding the strength of future demand. Lower levels of uncertainty have supported investment growth modestly over 2013 …

therefore de-anchor expectations due to higher uncertainty. Third, participants change their expectations rather little if a …