Gray's anatomy: Understanding uncertainty

Gray's anatomy: Understanding uncertainty

We explore the key mechanisms whereby uncertainty impacts the business cycle by exploring the interaction of uncertainty with growth in industries with di⁄erent technologies of production. We nd that uncertainty shocks are particularly detrimental to growth in industries with rapid capital depreciat...

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Bibliographic Details
Main Authors: SUN, Juliana Yu, SAMANIEGO, Roberto M.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
Subjects:
Uncertainty
technology
industry growth
depreciation
capital adjustment costs
investment lumpiness
real options
Economic Theory
Online Access:https://ink.library.smu.edu.sg/soe_research/2032
https://ink.library.smu.edu.sg/context/soe_research/article/3031/viewcontent/MPRA_paper_72787.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2032
https://ink.library.smu.edu.sg/context/soe_research/article/3031/viewcontent/MPRA_paper_72787.pdf

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