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 …

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 …

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 …

The recent weakness in business investment among advanced economies has revived interest in investment models and … opened a debate on the main drivers of the "investment slump" and what the policy response should be – if any. In particular …, it is essential to assess precisely whether the investment slump stems mostly from weak aggregate demand, financial …

Instability and uncertainty are important factors in Africa's poor investment record over the past two decades. A … investment projects. That literature shows that if fixed investment projects are costly or impossible to reverse, uncertainty can … uncertainty and investment. He presents empirical evidence on the negative association between investment performance and measures …

turn affect rent. By extending the theory of investment under uncertainty, we model the renter's decision to buy a house … dividends on stocks, rent is not discretionary. Housing price uncertainty can affect household property investments, which in …

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 …

reverting processes are rarely used in investment models in the literature. In most models, geometric Brownian motion processes … investigations of aggregate industry investment …

: capital investment, hiring, research and development, and advertising. We find that uncertainty depresses capital investment …There is wide debate over the impact of uncertainty on firm behavior, due to the difficulty both of measuring … uncertainty and of identifying causality. This paper takes three steps that attempt to address these challenges. First, we develop …

The literature on the relationship between exchange rate and investment mainly focuses on the devaluation argument …, which provides evidence that a devaluation may positively affect investment spending. The goal of this paper is to extend … firms and using a model of signal extraction we find that exchange rate volatility reduces investment, with a decreasing …