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persistent decline in investment. Moreover, the territorial dispute has led to persistent pessimism in these firms' expectations … about future sales, which can explain 60% of the overall decline in investment. …
Persistent link: https://www.econbiz.de/10011928005
investment (FDI) from its trend. Moreover, despite the quick recovery of local sales, Japanese MNCs in China have continued to … their beliefs and start tail risk hedging. …
Persistent link: https://www.econbiz.de/10011796527
A micro decision-making utility model under uncertainty is presented as a complementary foundation for macro … coronavirus models. The micro model consists of two functions, a risk averse utility function depending on wellness and a wellness …
Persistent link: https://www.econbiz.de/10013269247
guarantee existence. When investment adjustment costs are introduced, the monetary and fiscal policy dichotomy is in principle …
Persistent link: https://www.econbiz.de/10010293451
adjustment function implies that aggregate investment is relatively unresponsive to aggregate shocks in deep recessions as …
Persistent link: https://www.econbiz.de/10010321704
emerging markets. The paper measures the risk of short-term exposure by estimating, at the firm level, the effect on investment …Substantial attention has been paid in recent years to the risk of maturity mismatch in emerging markets. Although this … risk is microeconomic in nature, the evidence advanced thus far has taken the form of macro correlations. This paper …
Persistent link: https://www.econbiz.de/10010327059
appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as … investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and …
Persistent link: https://www.econbiz.de/10010284188
This paper provides empirical evidence on the dynamic effects of uncertainty on firm-level capital accumulation. A … novelty in this paper is that the firm-level uncertainty indicator is motivated and derived from a theoretical model, the … neoclassical investment model with time to build. This model also serves as the base for the empirical work, where an error …
Persistent link: https://www.econbiz.de/10010321549
for further research, especially on the motivations behind investment decisions. Investments in market economies are … uncertainty." The methodological issues, as can be pointed out, are relevant in the context of policy issues and social … society. By shaping business concerns and strategies, social institutions have a major impact on investment decisions in a …
Persistent link: https://www.econbiz.de/10012142965
uncertainty with respect to his forecasts. When E is interested in action too, reputational concerns mitigate exaggerated reports. …
Persistent link: https://www.econbiz.de/10014451720