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 …

We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investment, and prices in … of different sources of uncertainty. We then show how the conditional distribution of prices can be used as an …

), Episcopos (1995), and Abel et al. (1996), suggest an important linkage between the effect of uncertainty on investment and the … distinguish between investments with different degrees of irreversibility and to relate the effect of uncertainty with the degree … interpreting the estimates, the evidence suggests that the adverse effect of uncertainty is more severe on investments that have a …

We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investment, and prices in … of different sources of uncertainty. We then show how the conditional distribution of prices can be used as an …

The empirical literature of investment under uncertainty has vastly neglected to account for the role played by market … uncertainty for 23 French industries during the period 1977-1997 and represents the first empirical work that includes variables … of market structure (in terms of degree of competition) in a model of investment under uncertainty. It is also one of the …

We analyze the impact of progressive taxation on irreversible investment under uncertainty. We show that if tax …

of firm volatility across industries: for example, sunk capital costs, uncertainty about profits, and technological … allows us to measure uncertainty about profits and technological change, while the latter enables us to obtain information on … uncertainty have significantly lower variability of the number of firms; and (2) these relationships are non-linear as suggested …