A bottom-up measure of aggregate investment plans, namely, aggregate expected investment growth (AEIG) can negatively …-varying risk premium. These findings lend support to neoclassical models with investment lags …

Consistent with neoclassical models with investment lags, we find that a bottom-up measure of aggregate investment … plans, namely, aggregate expected investment growth, negatively predicts future stock market returns. with an adjusted in … suggest that the predictive ability of aggregate expected investment growth is more likely to be driven by the time …

Consistent with neoclassical models with investment lags, we find that a bottom-up measure of aggregate investment … plans, namely, aggregate expected investment growth, negatively predicts future stock market returns. with an adjusted in … suggest that the predictive ability of aggregate expected investment growth is more likely to be driven by the time …

crisis. Within a partial investment model, two kinds of uncertainty are introduced: volatility and disaster risk. The article … important but often neglected element of micro- and macroeconomic theory. With the onset of the financial crisis in 2007 and the … investment decisions play with regard to business cycle fluctuations.<br><br>However, the inclusion of real option values in …