WebDescription: We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create a real option value of waiting to enter foreign markets until conditions improve or ... WebOct 1, 2024 · Economy policy uncertainty has no impact on firms' cash holding decisions. Abstract This paper designs a quasi-natural experiment for the identification of causal relationships between economic policy uncertainty and firms' investment-financing decisions using China's supply-side structural reform in 2015.
Climate Policy Uncertainty and Firm Pollutant Emissions
WebApr 6, 2024 · Following the methodology of Bloom (2007), we find that firms are more responsive to their previous R&D investu0002ment under high uncertainty and reduce their responsiveness to their sales growth. In addition, we find heterogeneities from ownership structures and governance sysu0002tem aspects. WebMar 17, 2024 · Economic policy uncertainty (EPU) is one of the important influencing factors for enterprise investment. By its nature, enterprise investment is dynamically affected by uncertainty. We examine the time-varying impact of EPU on the level of corporate investment by introducing functional data analysis (FDA). Based on … blue chenille bedspread
Does economic policy uncertainty affect investment sensitivity …
WebMay 1, 2024 · Economic policy uncertainty can have several effects on enterprises' behavior. First, in terms of investment and financing, economic policy uncertainty harms debt financing (D' Mello and... WebSep 1, 2024 · Tight monetary policy is likely to increase the uncertainty enforcing firms to develop unproductive practices such as cash retention. As suggested by Demir and Ersan (2024), decision of... freeinjects project playtime