variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision but before the resolution of the investment risk; (iii) after the resolution of the investment … problem involves the presence of a “global risk”, that is, a chance of losing everything whichever safe or risky option is …

competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …

significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data … investment. Moreover, there is a shift in the composition of investment away from fixed assets and towards working capital - the … more flexible factor of production - and fixed asset investment exhibits periods of inaction consistent with real option …

We demonstrate that the choice of the transfer price and its effect on intra-firm trade and investment depends on the …

-period world with identical homothetic preferences and without investment, the global interest rate falls and the Green Paradox … weakens. With investment or a relatively more impatient oil-importing region, the Green Paradox may be strengthened because …

There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment …

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief … shows that macroeconomic risk acts as an important deterrent to investments. …