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, a next-generation access network. Investment decisions are made under uncertainty and have to be made over time. This … papers provides a framework for taking uncertainty, risk aversion, and the timing of investment explicitly into account …
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This paper evaluates the usefulness of business sentiment indicators for forecasting developments in the Chinese real economy. We use data on diffusion indices collected by the People's Bank of China for forecasting industrial production, retail sales and exports. Our bivariate vector...
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" early on, resulting in long-run differences in investment, profits, and firm growth. The value of active investors is …
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