haku: @author Bo, H. / yhteensä: 3
viite: 2 / 3
| Tekijä: | Bo, H. Lensin, R. |
| Otsikko: | Is the investment - uncertainty relationship nonlinear? An empirical analysis for the Netherlands |
| Lehti: | Economica
2005 : MAY, VOL. 72:286, p. 307-331 |
| Asiasana: | Investments Uncertainty |
| Kieli: | eng |
| Tiivistelmä: | This article examines the investment-uncertainty relationship. The data consists of Dutch non-financial companies. The system generalized method of moments (GMM) estimates suggest that the effect of uncertainty on investment is nonlinear. This means that for low levels of uncertainty, an increase in uncertainty has a positive effect on investment, while for high levels of uncertainty, an increase in uncertainty lowers investment. |
SCIMA