are widened by uncertainty. Our econometric model for six euro area countries suggests domestic demand and capacity … regression model and find that domestic demand developments and uncertainty are relevant for short-run export dynamics … empirical results are robust to the inclusion of a variable measuring European policy uncertainty. In some cases (Italy, Greece …

In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degree of tax policy uncertainty. This is … reducing tax policy uncertainty is probably no magic bullet to increase private investment spending. hb/mf …

of firm volatility across industries: for example, sunk capital costs, uncertainty about profits and technological change … measure uncertainty about profits and technological change, while the latter enables us to obtain information on the industry …. Our empirical findings show that: (1) industries with higher sunk capital costs and profit uncertainty have significantly …