We examine several measures of uncertainty to make five points. First, equity market traders and executives at nonfinancial firms have shared similar assessments about one-year-ahead uncertainty since the pandemic struck. Both the one-year VIX and our survey-based measure of firm-level...

Capital Projects: What Every Executive Needs to Know to Avoid Costly Mistakes and Make Major Investments Pay Off -- Contents -- Acknowledgments -- 1: Falling Short of Expectations: How Executives Struggle to Deliver the Value from Their Capital Projects -- Background and Basis for the Book --...