' investment in low carbon technologies. We develop a three period sequential model that combines the two sectors regulated by the … scheme and encompasses both irreversible and reversible investment possibilities for the firms. Additionally, we explicitly … endogenous price of permits. We find that uncertainty reduces irreversible investment and that the availability of both types of …

Japan's macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our …

British Household Panel Survey (BHPS) data concludes that the bulk of risk-sharing in the UK is driven by the savings channel …. By allowing for risk aversion heterogeneity, we detect an inverted U-shaped relationship between risk aversion and the … extent of smoothing achieved through financial markets. We also analyze the issue of risk-sharing by income, education levels …

The impact of uncertainty on firms? investment outlays is subject to an ongoing debate.Der Einfluss von Unsicherheit …

I study the role of firms' uncertainty in the transmission of forward guidance to investment. To do so, I employ a … uncertain adjust their investment as if they are more pessimistic. Put differently, more uncertain firms adjust their investment …

's macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to …

The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …