Drakos, Konstantinos; Goulas, Eleftherios - In: International Journal of Monetary Economics and Finance 1 (2008) 4, pp. 412-426
In the present study we initially take stock of the dispersed definitions and measurement methods of irreversibility by offering a bird's eye view of the existing literature. Then we construct a closed-form model to investigate the impact of conditional uncertainty on investment spending under...
