We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five …

uncertainty using options contracts. VAR analysis shows that the investment response to an uncertainty shock of average magnitude … in the sample is strong and persistent: the cumulative fall in investment from trend at a one-year horizon ranges 2 …-5.8 percentage points; and it takes between 1 1\2 and 2 years for investment to return to its trend level. Empirical ranges depend on …

irreversible investment are more exposed to policy uncertainty. In sectors with large irreversible investment EPU has a greater … effect on growth, investment, and leverage. The results are robust to different definitions of investment irreversibility …

This paper provides empirical support for the view that enhanced economic security fosters private investment and … improved since the mid-1980s; that private investment is mostly influenced by the risk of expropriation, the degree of civil …

We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store … investment, or a ""volatility trap."" Namely, big savers invest relatively little. In contrast, low volatility of permanent … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …

Panel data on Ghanaian manufacturing firms are used to test predictions from models of irreversible investment under …, higher uncertainty raises the hurdle level that triggers investment, and uncertainty has a negative effect on investment … levels that is greater for firms with more irreversible investment …

contagion analysis using data on fund flows and returns shows that Investment Grade (IG) corporate bonds funds, municipal bond …