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 …

Using panel data for 2,329 Belgian firms observed between 1985 and 1999, this paper aims at getting a better … structure and investment decision, on the one hand, the effect of uncertainty on the level of investment, on the other hand …. Such research sets forth the effect of some key variables, both in terms of level and volatility. The study is conducted …