Similar Search Results

Economic policy uncertainty and investment in Spain

Dejuan-Bitria, Daniel; Ghirelli, Corinna - In: SERIEs : Journal of the Spanish Economic Association 12 (2021) 3, pp. 351-388

The aim of this paper is to investigate the effect of economic policy uncertainty on firms' investment decisions. We focus on Spain for the period 1998-2014. To measure policy-related uncertainty, we borrow the economic policy uncertainty (EPU) indicator available for this country. We find...

Persistent link: https://www.econbiz.de/10012612566

Investing in Polarized America : Real Economic Effects of Political Polarization

Zhu, Qiaoqiao - 2021

Political polarization, the ideological distance between the left and the right, is a defining feature of American politics. We study the link between rising polarization and firm investment. One standard deviation increase in roll-call-based state-level political polarization results in a...

Persistent link: https://www.econbiz.de/10013234535

The Impact of Brexit on UK Firms

Bloom, Nicholas - 2019

We use a major new survey of UK firms, the Decision Maker Panel, to assess the impact of the June 2016 Brexit referendum. We identify three key results. First, the UK's decision to leave the EU has generated a large, broad and long-lasting increase in uncertainty. Second, anticipation of Brexit...

Persistent link: https://www.econbiz.de/10012863862

The Impact of Brexit on UK Firms

Bloom, Nicholas - 2019

Persistent link: https://www.econbiz.de/10012864628

State-level economic policy uncertainty

Baker, Scott; Davis, Steven J.; Levy, Jeffrey A. - 2022

We quantify and study state-level economic policy uncertainty. Tapping digital archives for nearly 3,500 local newspapers, we construct three monthly indexes for each state: one that captures state and local sources of policy uncertainty (ΕPU-S), one that captures national and international...

Persistent link: https://www.econbiz.de/10013170258

The Long Shadow beyond Lockdown : Board Chairs’ Professional Epidemic Experience and Corporate Investment

He, Shan - 2020

extreme tail events, the epidemic experience induces entrepreneurs to undervalue profitable investment projects. In particular …, implying that the reduction in corporate investment is inefficient. Our paper reveals a specific channel through which epidemic …

Persistent link: https://www.econbiz.de/10012827060

Cash Holdings and Firm-Level Exposure to Epidemic Diseases : COVID-19, SARS, H1N1, Ebola, Zika

Tut, Daniel - 2021

We study the effects of firm-level exposure to an epidemic disease on corporate cash holdings amongst U.S firms. Using … a text-based measure of firm-level exposure to epidemic diseases and difference-in-difference estimation strategy, we … document a positive relationship between the onset of an epidemic disease and corporate cash holdings. We find that, amongst …

Persistent link: https://www.econbiz.de/10013323169

Pandemic Crisis and Financial Stability

Gortsos, Christos - 2020

resolution framework amidst the pandemic crisis (Christos V. Gortsos)12 Lending activity in the time of coronavirus (Concetta …

Persistent link: https://www.econbiz.de/10012833305

Government Equity Investments in Coronavirus Bailouts : Why, How, When?

Megginson, William L. - 2020

employer-employee relationships damaged in the coronavirus pandemic by adopting fiscal stimulus programs of unprecedented scale …

Persistent link: https://www.econbiz.de/10012838711

Financial Stability Amidst the Pandemic Crisis : On Top of the Wave

Gortsos, Christos; Ringe, Wolf-Georg; Annunziata, Filippo; … - 2021

The pandemic crisis, which broke out in early 2020, is still affecting human lives and economic activity around the globe, causing unprecedented transformations which were not foreseen just before its onset. The European Union, its citizens and the financial and non-financial firms active...

Persistent link: https://www.econbiz.de/10013219020