Inflation, Uncertainty, and Investment
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This influential book explores the relationship between inflation uncertainty and investment decisions, and offers a systematic framework for analyzing the effects of inflation uncertainty on corporate investment strategies. Using empirical evidence from a sample of large U.S. firms, the authors demonstrate that the level and variance of inflation expectations have a significant impact on investment behavior, and that the effects of inflation uncertainty vary with the type and duration of investments. The book provides a sophisticated and nuanced analysis of the complex interplay between infla...
This influential book explores the relationship between inflation uncertainty and investment decisions, and offers a systematic framework for analyzing the effects of inflation uncertainty on corporate investment strategies. Using empirical evidence from a sample of large U.S. firms, the authors demonstrate that the level and variance of inflation expectations have a significant impact on investment behavior, and that the effects of inflation uncertainty vary with the type and duration of investments. The book provides a sophisticated and nuanced analysis of the complex interplay between inflation expectations and investment decisions, and offers valuable insights for policy makers and investors. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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