. On the third question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …

This Paper investigates the empirical relationship between uncertainty and investment dynamics. This is motivated by … the real options literature, which suggests a weaker response of investment to demand shocks at higher levels of … can be detected as a smaller impact of sales growth on investment for firms facing higher uncertainty. Using a stock …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …