find that policy uncertainty raises stock price volatility and reduces investment and employment in policy … foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major …

values and optimal investment decisions. The method is quite general, and is illustrated both analytically and numerically …, on mine values and investment decisions. Although the tax policies are found to have the expected effects on asset values …, the effects on investment decisions are sometimes perverse. An increase in the income tax rate may encourage investment …

This study uncovers a statistically significant negative correlation between volatility and private investment over the … number of different measures, volatility reduces private investment in developing countries. We then show that the … continue to hold even if the coefficient of relative risk aversion approaches zero (that is, even if the marginal utility of …

to long-run uncertainty than investment, and in turn investment is relatively more sensitive to long-run uncertainty than … show that lower depreciation rates and higher adjustment costs lead R&D and investment to be more sensitive to longer … be particularly damaging to growth by reducing R&D and investment …

future oil price volatility derived from the NYMEX futures options market. Using a dynamic model of firms' investment problem …

a dynamic multicountry model of international trade, production, and investment to data from 19 countries to assess this … resolving a number of the puzzles: The dependence of domestic investment on domestic saving falls by half or disappears entirely …