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Uncertainty, Financial Frictions, and Irreversible Investment Uncertainty, Financial Frictions, and Irreversible Investment Simon Gilchrist1 Jae W. Sim2 Egon Zakraǰsek2…

Simon Gilchrist Jae W. Sim Egon Zakrajšek Cambridge, MA 02138 April 2014 We are grateful to Jeff Campbell, Martin Ellison, Nobuhiro Kiyotaki, Frank Smets, Dino Palazzo,

Uncertainty Financial Frictions and Investment Dynamics Simon Gilchrist∗ Jae W Sim† Egon Zakraǰsek‡ April 10 2014 Abstract Micro- and macro-level evidence indicates…

Simon Gilchrist! Jae W. Sim† Egon Zakrajsek‡ September 2, 2010 Abstract This paper analyzes—both empirically and theoretically—how fluctuations

New Evidence from U.S. Firms Laarni T. Bulan*† September 2004 Abstract This paper investigates real options behavior in capital budgeting decisions using a firm-level

Uncertainty shocks, banking frictions, and economic activity by Dario Bonciani and Björn van Roye No. 1843 June 2013 Kiel Institute for the World Economy, Hindenburgufer…

Elections Uncertainty and Irreversible Investment* Brandice Canes-Wrone† Jee-Kwang Park‡ Abstract We argue that the policy uncertainty generated by elections encourages…

Elections, Uncertainty, and Irreversible Investment* Brandice Canes-Wrone† Jee-Kwang Park‡ Abstract We argue that the policy uncertainty generated by elections encourages…

Uncertainty, Financial Frictions, and Investment Dynamics Simon Gilchrist∗ Jae W. Sim† Egon Zakraǰsek‡ September 2, 2010 Abstract This paper analyzes—both empirically…

1 Real Options, Irreversible Investment and Firm Uncertainty: New Evidence from U.S. Firms Laarni T. Bulan*† September 2004 JEL Classification: G31 Keywords: Real Options,…

Luis H R Alvarez E Irreversible Investment Incremental Capital Accumulation and Price Uncertainty Aboa Centre for Economics Discussion Paper No 4 Turku 2006 Copyrigt © Authors…

Irreversible Hydrocolloid Student ____________________ Preliminary Alginate Impressions Date / / Initials_______ Instructor #_____ q Unacceptable q Correctable q Acceptable…

Arbeitskreis Quantitative Steuerlehre Quantitative Research in Taxation – Discussion Papers Rainer Niemann Caren Sureth-Sloane Does Capital Tax Uncertainty Delay Irreversible…

Working PaperDocument de travail 2014-35 Search Frictions Financial Frictions and Labour Market Fluctuations in Emerging Markets by Sumru Altug and Serdar Kabaca 2 Bank of…

Misallocation and Capital Market Integration: Evidence From India∗ Natalie Bau† Adrien Matray‡ Abstract We show that foreign capital liberalization reduces capital…

Raybestos Begins Its 2nd Century of Innovation ® by Steve Bodofsky n 1890, Gottlieb Daimler and Wilhelm Maybach began the first successful auto manufacturing company —…

Microsoft PowerPoint - MacroIII-2007-Big Picture2 Some empirical documentation of frictions 3 Avoiding frictions 2 • Frictions affect economic performance but economic

Temporary Workers, Uncertainty and Productivity∗ Francesca Lotti and Eliana Viviano Bank of Italy October 8, 2012 Abstract Hiring temporary workers can be viewed as a real…

NBER WORKING PAPER SERIES UNCERTAINTY FINANCIAL FRICTIONS AND INVESTMENT DYNAMICS Simon Gilchrist Jae W Sim Egon Zakrajšek Working Paper 20038 http:wwwnberorgpapersw20038…

Improving Inference for Dynamic Economies with Frictions - The Role of Qualitative Survey Data Job Market Paper Andreas Tryphonides 30th November 2015 Abstract We propose…