uncertainty. The investment performance of 14 sectors is examined within a dynamic investment model. Robust GMM estimates of the …We investigate the effect of uncertainty on investment. We employ a unique dataset of 25000 Greek firms' balance sheets … investment rate model reveal a high degree of heterogeneity among these sectors. Overall uncertainty affects negatively …

account impacts from oil price return and oil price volatility on forecast changes. The panel smooth transition regression …This paper examines if overreaction of oil price forecasters is related to uncertainty. Furthermore, it takes into … is markedly reduced when high levels of uncertainty prevail. On the other hand, noisy signals and positive oil price …