Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062201 | Economics Letters | 2008 | 4 Pages |
Abstract
We introduce a new channel called random delay effect, through which volatility influences real investment. We show that random delay effect is not negligible in determining the sign of the volatility-investment relationship.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Pai-Ta Shih, Weifeng Hung,