Lee, Kiseok; Kang, Wensheng; Ratti, Ronald A. - Volkswirtschaftliche Fakultät, … - 2010
investment by that firm, both in the short and long-term. In the presence of this interaction term, linear variables in oil … shocks depress investment more at firms facing greater uncertainty. An increase in firm stock price volatility continues to … reduce the link between sales growth and investment in the presence of oil price shocks as in Bloom et al. (2007). …