Article ID Journal Published Year Pages File Type
5062201 Economics Letters 2008 4 Pages PDF
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.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
The overall effect of volatility on investment
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