search query: @author Murinde, V. / total: 2
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| Author: | Lensink, R. Murinde, V. |
| Title: | The inverted-U hypothesis for the effect of uncertainty on investment: evidence from UK firms |
| Journal: | European Journal of Finance
2006 : FEB, VOL. 12:2, p. 95-105 |
| Index terms: | companies finance investments United Kingdom uncertainty |
| Language: | eng |
| Abstract: | In this article, the authors test the inverted-U hypothesis for the effect of uncertainty on investment. The data consists of a set of UK companies. The findings are that at low levels of uncertainty the effect is positive, but when uncertainty levels are high, the effect becomes negative. |
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