Ahmadi, Maryam; Manera, Matteo; Sadeghzadeh, Mehdi - 2018
suggest that oil market uncertainty lowers investment only when it is caused by global consumption demand shocks. Stock market … precautionary demands and producers’ supply. However, studies analysing the effect of oil price uncertainty on investment, do not … relationship between investment and uncertainty for a panel of U.S. firms operating in oil and gas industry with a new approach. We …