We investigate the empirical linkages between sales uncertainty and firms’ inventory investment behavior while … higher sales uncertainty leads to larger stocks of inventories. We also identify an indirect effect of sales uncertainty on … the adverse effects of uncertainty. …

We investigate the empirical linkages between sales uncertainty and firms’ inventory investment behavior while … higher sales uncertainty leads to larger stocks of inventories. We also identify an indirect effect of sales uncertainty on … the adverse effects of uncertainty. …

This paper provides evidence of a negative association between macroeconomic uncertainty and the cross sectional … dispersion of investment rate for a panel of Japanese manufacturing firms. We show that an increase in uncertainty leads to the … investment behavior becomes more homogeneous in times of increased uncertainty. …

We investigate the empirical linkages between sales uncertainty and firms' inventory investment behavior while … higher sales uncertainty leads to larger stocks of inventories. We also identify an indirect effect of sales uncertainty on … the adverse effects of uncertainty. …

This paper investigates the link between the optimal level of non-financial firms? liquid assets and uncertainty. We … in response to changes in either macroeconomic or idiosyncratic uncertainty. We test this hypothesis using a panel of non … increase their liquidity ratios when macroeconomic uncertainty or idiosyncratic uncertainty increases. …

financial frictions arising from asymmetric information, proxied by firms? liquidity and degree of uncertainty. Measures of … intrinsic and extrinsic uncertainty are derived from firms? daily stock returns and S&P 500 index returns along with a CAPM …. Financial frictions captured by interactions between firms? cash flow and both intrinsic and CAPM-based measures of uncertainty …

This paper investigates the link between the optimal level of non-financial firms' liquid assets and uncertainty. We … in response to changes in either macroeconomic or idiosyncratic uncertainty. We test this hypothesis using a panel of non … increase their liquidity ratios when macroeconomic uncertainty or idiosyncratic uncertainty increases. …

financial frictions arising from asymmetric information, proxied by firms' liquidity and degree of uncertainty. Measures of … intrinsic and extrinsic uncertainty are derived from firms' daily stock returns and S&P 500 index returns along with a CAPM …. Financial frictions captured by interactions between firms' cash flow and both intrinsic and CAPM-based measures of uncertainty …

This paper investigates the link between the optimal level of non-financial firms' liquid assets and uncertainty. We … in response to changes in either macroeconomic or idiosyncratic uncertainty. We test this hypothesis using a panel of non … increase their liquidity ratios when macroeconomic uncertainty or idiosyncratic uncertainty increases. …