holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …

' investment decisions. Higher monetary policy rates affect firms' investment decisions by raising the costs of external financing … increase in monetary policy rates is associated with a reduction in corporate investment, particularly by smaller firms. …

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …

guarantee existence. When investment adjustment costs are introduced, the monetary and fiscal policy dichotomy is in principle …