-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …

-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …

answers and can be used to estimate market power and pass through rates. I show that even a naive one-sided model that ignores …

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

similar investment subsidies were implemented in the same country, two years apart: once during a period of economic stability … offer an important policy opportunity to encourage investment. …

In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …

irreversibility of investment. As will be shown, the provision of public goods changes over time and also depends on the business …

subsidies. -- Labor taxation ; human capital investment ; education subsidies ; idiosyncratic risk ; risk properties of human …

This paper deals with the effects of tax rate uncertainty on risk-neutral and risk-averse investment behavior. We … analyze effects of stochastic tax rates on both real and financial investment. It emerges that under risk neutrality as well … as under risk aversion, increased tax rate uncertainty has an ambiguous impact on investment behavior, depending on the …