, scope, and investment decisions, and we outline their connection to recent macroeconomic and financial trends in the US …

We study the effects of monetary-policy-induced changes in Tobin's q on corporate investment and capital structure. We … evidence, and quantify the relevance for monetary transmission to aggregate investment …

politico-economic environment, reduces investment. As a consequence, income inequality and investment are inversely related …. Since investment is a primary engine of growth, this paper identifies a channel for an inverse relationship between income … are investment and an index of socio-political instability. Our results are robust to sensitivity analysis on the …

We adapt simple tools from computational linguistics to construct a new measure of political risk faced by individual … volatility in a manner that is highly indicative of political risk. Firms exposed to political risk retrench hiring and … investment and actively lobby and donate to politicians. Interestingly, the vast majority of the variation in our measure is at …

's macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to …

obtained in a complete information setting, where coordination is easy, to those obtained in a setting with strategic risk … deterrent effect under complete information, this does not hold anymore under strategic risk. Rather, we find that increases in … weapon stocks can have a non-monotonic effect on the sustainability of peace. We also show that under strategic risk …

risk. Our parsimonious model matches well the estimated discounts across long-term lease horizons, and implies that to …