English, Article, Journal or magazine article edition: Uncertainty Determinants of Firm Investment Christopher F. Baum; Mustafa Caglayan; Oleksandr Talavera

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Bookmark: http://trove.nla.gov.au/version/73234
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Uncertainty Determinants of Firm Investment
Author
  • Christopher F. Baum
  • Mustafa Caglayan
  • Oleksandr Talavera
Physical Description
  • preprint
Notes
  • We investigate the impact of measures of uncertainty on firms' capital investment behavior using a panel of U.S. firms. Increases in firm-specific and CAPM-based measures have a significant negative impact on investment spending, while market-based uncertainty has a positive impact.
  • capital investment, asymmetric information, financial frictions, uncertainty, CAPM
  • RePEc:boc:bocoec:646
Language
  • English
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