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Investment in new activities and the welfare cost of uncertainty Author info | Abstract | Publisher info | Download info | Related research | Statistics Aizenman, Joshua
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Article provided by Elsevier in its journal Journal of Development Economics .
Volume (Year): 52 (1997)
Issue (Month): 2 (April)
Pages: 259-277
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Handle: RePEc:eee:deveco:v:52:y:1997:i:2:p:259-277Contact details of provider: Web page: http://www.elsevier.com/locate/devec
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Cukierman, Alex, 1980.
"The Effects of Uncertainty on Investment under Risk Neutrality with Endogenous Information ,"
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Romer, Paul, 1994.
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Other versions: Rodrik, Dani, 1991.
"Policy uncertainty and private investment in developing countries ,"
Journal of Development Economics ,
Elsevier, vol. 36(2), pages 229-242, October.
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Other versions: Azariadis, Costas & Drazen, Allan, 1990.
"Threshold Externalities in Economic Development ,"
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Robert S. Pindyck & Andres Solimano, 1993.
"Economic Instability and Aggregate Investment ,"
NBER Working Papers
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Other versions:
Pindyck, Robert S. & Solimano, Andrés., 1993.
"Economic instability and aggregate investment ,"
Working papers
3552-93., Massachusetts Institute of Technology (MIT), Sloan School of Management.
[Downloadable!] Pindyck, Robert S. & Solimano, Andres, 1993.
"Economic instability and aggregate investment ,"
Policy Research Working Paper Series
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[Downloadable!] Gilboa, Itzhak, 1987.
"Expected utility with purely subjective non-additive probabilities ,"
Journal of Mathematical Economics ,
Elsevier, vol. 16(1), pages 65-88, February.
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Lawrence H. Summers, 1988.
"Investment Incentives and the Discounting of Depreciation Allowances ,"
NBER Working Papers
1941, National Bureau of Economic Research, Inc.
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Dow, James & Werlang, Sergio Ribeiro da Costa, 1992.
"Uncertainty Aversion, Risk Aversion, and the Optimal Choice of Portfolio ,"
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Schmeidler, David, 1989.
"Subjective Probability and Expected Utility without Additivity ,"
Econometrica ,
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McDonald, Robert & Siegel, Daniel, 1986.
"The Value of Waiting to Invest ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 101(4), pages 707-27, November.
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Caballero, Ricardo J, 1991.
"On the Sign of the Investment-Uncertainty Relationship ,"
American Economic Review ,
American Economic Association, vol. 81(1), pages 279-88, March.
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Dixit, Avinash K & Stiglitz, Joseph E, 1977.
"Monopolistic Competition and Optimum Product Diversity ,"
American Economic Review ,
American Economic Association, vol. 67(3), pages 297-308, June.
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Other versions: Aizenman, Joshua & Marion, Nancy P, 1993.
"Policy Uncertainty, Persistence and Growth ,"
Review of International Economics ,
Blackwell Publishing, vol. 1(2), pages 145-63, June.
Other versions: Murphy, Kevin M & Shleifer, Andrei & Vishny, Robert W, 1989.
"Income Distribution, Market Size, and Industrialization ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 104(3), pages 537-64, August.
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Other versions: Rivera-Batiz, Luis A & Romer, Paul M, 1991.
"Economic Integration and Endogenous Growth ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 106(2), pages 531-55, May.
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Other versions:
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Joshua Aizenman & Nancy Marion, 1995.
"Volatility, Investment and Disappointment Aversion ,"
NBER Working Papers
5386, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Joshua Aizenman, 1995.
"Optimal Buffer Stocks and Precautionary Savings with Disappointment Aversion ,"
NBER Working Papers
5361, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Per G. Fredriksson & Muthukumara Mani, 2001.
"Trade Integration & Political Turbulence: Environmental Policy Consequences ,"
IMF Working Papers
01/150, International Monetary Fund.
[Downloadable!]
Keefer, Philip, 2004.
"A review of the political economy of governance : from property rights to voice ,"
Policy Research Working Paper Series
3315, The World Bank.
[Downloadable!]
Straathof,Bas, 2002.
"Micro-uncertainty and growth ,"
Research Memoranda
003, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
[Downloadable!]
Shin-ichi Fukuda, 2001.
"A Model of Keynesian under Knightian Uncertainty ,"
CIRJE F-Series
CIRJE-F-115, CIRJE, Faculty of Economics, University of Tokyo.
[Downloadable!]
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