Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

consequences of this substantial policy uncertainty shock on firms' private fixed investment and employment plans. We find that … those firms that believe that potential growth in Switzerland will deteriorate and those that report that investment … uncertainty has increased are also the ones that see a significant reduction in their future investment activities and their …