Pursuing the wrong options? Adjustment costs and the relationship between uncertainty and capital accumulation
Author:
Funder
ESRC
Handelsbankens Forskningsstiftelser
Publisher
Elsevier BV
Subject
Economics and Econometrics,Finance
Reference9 articles.
1. On the invariance of the rate of return to convex adjustment costs;Abel;Review of Economic Dynamics,2002
2. Optimal investment with costly reversibility;Abel;Review of Economic Studies,1996
3. The effects of irreversibility and uncertainty on capital accumulation;Abel;Journal of Monetary Economics,1999
4. The impact of uncertainty shocks;Bloom;Econometrica,2009
5. On the nature of capital adjustment costs;Cooper;Review of Economic Studies,2006
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