Kang, Wensheng; Lee, Kiseok; Ratti, Ronald A. - Volkswirtschaftliche Fakultät, … - 2013
This paper examines the effect of economic policy uncertainty and its components on firm-level investment. It is found … that economic policy uncertainty in interaction with firm-level uncertainty depresses firms’ investment decisions. When … become more guarded with investment plans. The effect of economic policy uncertainty on firm-level investment is greater for …