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This paper studies how individuals believe human capital investments will affect their future career and family life. We conducted a survey of high-ability currently enrolled college students and elicited beliefs about how their choice of college major, and whether to complete their degree at...
Persistent link: https://www.econbiz.de/10011536082
We estimate the impact on US non-residential fixed investment of permanent and temporary inflation uncertainty. We find … that while both have a negative effect, temporary uncertainty is more important for investment. This study has implications …
Persistent link: https://www.econbiz.de/10013045118
Persistent link: https://www.econbiz.de/10015049907
common EU/U.S. framework for examining manipulative behavior introduces uncertainty into compliance efforts by failing to …
Persistent link: https://www.econbiz.de/10013091121
Persistent link: https://www.econbiz.de/10010528331
-Technology products has fallen. This paper examines venture capital investment in the Clean-Technology industry of the U.S. in 1995 …-2008. The paper explores the effects of macroeconomic variables, national venture capital investment and geography on Clean …-Technology investment. The conclusion indicates the importance of geographical location in affecting Clean-Technology investment. A weak …
Persistent link: https://www.econbiz.de/10013153451
uncertainty (EnvPU) available on a monthly basis over the 1990-2019 period. We find that our EnvPU index spikes during the …-and-trade climate bill and during the Trump presidency. We examine how elevated levels of environmental policy uncertainty relate to … energy exchange-traded fund. Overall, our results are consistent with the notion that policy uncertainty has adverse effects …
Persistent link: https://www.econbiz.de/10013362015
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 … foreshadows a reduction in investment by 8% on average in the following year. Besides we find that the uncertainty associated with …
Persistent link: https://www.econbiz.de/10012212854
known as intangibles, suggest that their share in overall investment has grown considerably. Still, intangible investment is … rarely present in investment models. In this paper, I extend the q-theory of investment to model explicitly the decision of … movements in the measurement of the contribution of each type of investment to the overall capital stock. In particular, given …
Persistent link: https://www.econbiz.de/10003919317
We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The first, an … investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … relative price of investment. The second shock affects the production of installed capital from investment goods or, more …
Persistent link: https://www.econbiz.de/10003948199