Trade and Investment under Policy Uncertainty: Theory and Firm Evidence
نویسندگان
چکیده
منابع مشابه
Economic policy uncertainty and firm-level investment
This paper examines the effect of economic policy uncertainty and its components on firm-level investment. It is found that economic policy uncertainty in interaction with firm-level uncertainty depresses firms’ investment decisions. When firms are in doubt about costs of doing business due to possible changes in regulation, cost of health care and taxes, they become more guarded with investmen...
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ژورنال
عنوان ژورنال: American Economic Journal: Economic Policy
سال: 2015
ISSN: 1945-7731,1945-774X
DOI: 10.1257/pol.20140068