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Citations of
Janice Eberly

For current contact information and a more complete listing of works, please see here

The citations below have been collected in an experimental project, CitEc. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. 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.

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Working papers

  1. Andrew B. Abel & Janice C. Eberly, 1997. "The Mix and Scale of Factors with Irreversibility and Fixed Costs of Investment," NBER Working Papers 6148, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    Cited by:

    1. Scott Schuh & Robert K. Triest, 1998. "Job reallocation and the business cycle: new facts for an old debate," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 271-357. [Downloadable!]
    2. Edlira Narazani, 2004. "Interrelationships Between Labor and Capital Adjustment Decisions," Labor and Demography 0412003, EconWPA. [Downloadable!]
    3. Julian Fennema, 2006. "An Alternative Estimation Framework for Firm-Level Capital Investment," CERT Discussion Papers 0602, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    4. Scott Schuh & Robert K Triest, 1998. "Job Reallocation And The Business Cycle: New Facts An Old Debate," Working Papers 98-11, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    5. Böheim, René & Stiglbauer, Alfred & Winter-Ebmer, Rudolf, 2005. "On the Persistence of Firm Expansion. The survival of new jobs in Austrian firms," Economics Series 173, Institute for Advanced Studies. [Downloadable!]
    6. Pavlova, Anna, 2003. "Adjustment Costs, Learning-By-Doing, And Technology Adoption Under Uncertainty," Working papers 4369-01, Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
    7. Anna Pavlova, . ""Adjustment Costs, Learning-by-Doing, and Technology Adoption under Uncertainty''," CARESS Working Papres 99-07, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences. [Downloadable!]
    8. René Böheim & Alfred Stiglbauer & Rudolf Winter-Ebmer, 2005. "When and How to Create a Job: The Survival of New Jobs in Austrian Firms," IZA Discussion Papers 1602, Institute for the Study of Labor (IZA). [Downloadable!]
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    9. Pavlova, Anna, 2002. "Adjustment Costs, Learning-by-Doing, and Technology Adoption Under Uncertainty," Working papers 4369-01, Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
    10. Øivind A. Nilsen, Arvid Raknerud, Marina Rybalka and Terje Skjerpen, 2005. "Lumpy Investments, Factor Adjustments and Productivity," Discussion Papers 441, Research Department of Statistics Norway. [Downloadable!]
    11. Russell W. Cooper & John C. Haltiwanger, 2000. "On the Nature of Capital Adjustment Costs," NBER Working Papers 7925, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Andrew B. Abel & Janice C. Eberly, 1995. "Optimal Investment with Costly Reversibility," NBER Working Papers 5091, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    Cited by:

    1. Panteghini, Paolo M. & Scarpa, Carlo, 2003. "Irreversible Investments and Regulatory Risk," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    2. Rolf Golombek and Arvid Raknerud, 2005. "Exit Dynamics with Adjustment Costs," Discussion Papers 442, Research Department of Statistics Norway. [Downloadable!]
    3. DÉCAMPS, Jean-Paul & MARIOTTI, Thomas & VILLENEUVE, Stéphane, 2003. "Irreversible Investment in Alternative Projects," IDEI Working Papers 193, Institut d'Économie Industrielle (IDEI), Toulouse, revised Jul 2004. [Downloadable!]
    4. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 1999. "Discovering the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 19906, Hamburg University, Department of Economics. [Downloadable!]
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    5. Nick Bloom & John Van Reenen & Stephen Bond, 2006. "Uncertainty and Investment Dynamics," NBER Working Papers 12383, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    6. Victor Aguirregabiria & Pedro Mira, 2000. "Structural Models Involving Highly Dimensional Fixed Point Problems: An Asymptotically Efficient Two-Stage Estimator," Econometric Society World Congress 2000 Contributed Papers 1702, Econometric Society. [Downloadable!]
    7. Nick Bloom, 2007. "Uncertainty and the Dynamics of R&D," CEP Discussion Papers dp0792, Centre for Economic Performance, LSE. [Downloadable!]
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    8. Abel, Andrew B., 1952-, 1995. "Options, the value of capital, and investment," Working papers 3843-95., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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    9. Nick Bloom, 2006. "The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation," CEP Discussion Papers dp0718, Centre for Economic Performance, LSE. [Downloadable!]
    10. Rocío Sánchez-Mangas, 2001. "Estimation Of A Dynamic Discrete Choice Model Of Irreversible Investment," Statistics and Econometrics Working Papers ws015628, Universidad Carlos III, Departamento de Estadística y Econometría. [Downloadable!]
    11. Fernando Alvarez & Robert Shimer, 2008. "Search and Rest Unemployment," NBER Working Papers 13772, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    12. Marcelo L. Veracierto, 2002. "Plant-Level Irreversible Investment and Equilibrium Business Cycles," American Economic Review, American Economic Association, vol. 92(1), pages 181-197, March. [Downloadable!] (restricted)
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    13. Alessandra Del Boca & Marzio Galeotti & Paola Rota, 2003. "Non-convexities in the Adjustment of Different Capital Inputs: A Firm-level Investigation," Working Papers 2003.35, Fondazione Eni Enrico Mattei. [Downloadable!]
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    14. Stephen Bond & Domenico Lombardi, 2004. "To Buy or Not to Buy? Uncertainty, Irreversibility and Heterogeneous Investment Dynamics in Italian Company Data," IMF Working Papers 04/104, International Monetary Fund. [Downloadable!]
    15. Wendy Carlin & Andrew Charlton & Colin Mayer, 2006. "Capital Markets, Ownership and Distance," CEP Discussion Papers dp0744, Centre for Economic Performance, LSE. [Downloadable!]
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    16. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 2000. "Investigating the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 20008, Hamburg University, Department of Economics. [Downloadable!]
    17. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    18. Julia K. Thomas, 2002. "Is lumpy investment relevant for the business cycle?," Staff Report 302, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    19. Wendy Carlin & Andrew Charlton & Colin Mayer, 2008. "Multinational Ownership and Subsidiary Investment," OFRC Working Papers Series 2008fe05, Oxford Financial Research Centre. [Downloadable!]
    20. Richard Holt, 2004. "Investment and Dividends under Irreversibility and Financial Constraints," ESE Discussion Papers 55, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
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    21. Katharina Raabe & Ivo Arnold & Clemens Kool, 2006. "Firm Size and Monetary Policy Transmission: A Theoretical Model on the Role of Capital Investment Expenditures," Working Papers 06-14, Utrecht School of Economics. [Downloadable!]
    22. Luis H.R. Alvarez E., 2006. "Irreversible Investment, Incremental Capital Accumulation, and Price Uncertainty," Discussion Papers 4, Aboa Centre for Economics. [Downloadable!]
    23. Domenico Cuoco & Hong Liu, . "Optimal Consumption of a Divisible Durable Good," Rodney L. White Center for Financial Research Working Papers 20-98, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
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    24. Edward C. Prescott, 2003. "Non-convexities in quantitative general equilibrium studies of business cycles," Staff Report 312, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    25. George C. Bitros & Elias Flytzanis, 2003. "A Rehabilitation of Economic Replacement Theory," Macroeconomics 0303009, EconWPA. [Downloadable!]
    26. Miquel Faig & Pauline Shum, 1997. "INVESTMENT IRREVERSIBILITY AND ENDOGENOUS FINANCING: An Evaluation of the Corporate Tax Effects," Working Papers faig-97-02, University of Toronto, Department of Economics. [Downloadable!]
    27. M. Shahe Emran & M. Imam Alam & Forhad Shilpi, 2003. "After the "License Raj": Economic Liberalization and Aggregate Private Investment in India," Development and Comp Systems 0305002, EconWPA, revised 25 Aug 2003. [Downloadable!]
    28. Campa, Jose M. & Gonzalez, Jose M. & Sebastia, Maria, 2008. "Non-linear adjustment of import prices in the European Union," IESE Research Papers D/734, IESE Business School. [Downloadable!]
    29. Richard Hartman & Michael Hendrickson, 1999. "Optimal Partially Reversible Investment," Discussion Papers in Economics at the University of Washington 0032, Department of Economics at the University of Washington. [Downloadable!]
    30. Boehm, Hjalmar & Funke, Michael, 2000. "Optimal Investment Strategies under Demand and Tax Policy Uncertainty," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    31. D'Erasmo, Pablo, 2006. "Investment and firm dynamics," MPRA Paper 3598, University Library of Munich, Germany, revised 12 Jul 2007. [Downloadable!]
    32. Franck Paolucci, 2007. "Des contraintes aux contributions des investissements en R&D aux Etats-Unis," Documents de Travail de l'OFCE 2007-16, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
    33. Francisco Ruiz-Aliseda & Jianjun Wu, 2007. "Irreversible Investment in Stochastically Cyclical Markets," Economics Working Papers 1018, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    34. Leif Danziger, 2003. "The New Investment Theory and Aggregate Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(4), pages 907-940, October. [Downloadable!] (restricted)
    35. Michael W. L. Elsby, 2005. "Evaluating the Economic Significance of Downward Nominal Wage Rigidity," CEP Discussion Papers dp0704, Centre for Economic Performance, LSE. [Downloadable!]
    36. Hjalmar Böhm & Michael Funke, 1999. "The Uncertainty-Investment Relationship," Quantitative Macroeconomics Working Papers 19903, Hamburg University, Department of Economics. [Downloadable!]
    37. Yiannis Kamarianakis & Anastasios Xepapadeas, 2006. "An irreversible investment model with a stochastic production capacity and fixed plus proportional adjustment costs," Working Papers 0708, University of Crete, Department of Economics. [Downloadable!]
    38. Andrew B. Abel & Janice C. Eberly, 1995. "The Effects of Irreversibility and Uncertainty on Capital Accumulation," NBER Working Papers 5363, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    39. Luis H.R. Alvarez & Erkki Koskela, 2004. "Irreversible investment under interest rate variability: new results," Others 0404007, EconWPA. [Downloadable!]
    40. Luis H.R. Alvarez & Erkki Koskela, 2003. "Irreversible Investment under Interest Rate Variability: Some Generalizations," Discussion Papers 841, The Research Institute of the Finnish Economy. [Downloadable!]
    41. Elizabeth Asiedu & James Freeman, 2008. "The Effect of Corruption on Investment Growth: Evidence from Firms in Latin America, Sub-Saharan Africa and Transition Countries," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200802, University of Kansas, Department of Economics. [Downloadable!]
    42. Nicholas Bloom & John Van Reenen, 2002. "Patents, Real Options and Firm Performance," Economic Journal, Royal Economic Society, vol. 112(478), pages C97-C116, March. [Downloadable!] (restricted)
    43. James Dow & Gary Gorton & Arvind Krishnamurthy, 2005. "Equilibrium Investment and Asset Prices under Imperfect Corporate Control," American Economic Review, American Economic Association, vol. 95(3), pages 659-681, June. [Downloadable!] (restricted)
    44. Paola Caselli & Patrizio Pagano & Fabiano Schivardi, 2003. "Uncertainty and the slowdown of capital accumulation in Europe," Applied Economics, Taylor and Francis Journals, vol. 35(1), pages 79-89, January. [Downloadable!] (restricted)
    45. Alvarez, Luis H. R. & Koskela, Erkki, 2002. "Irreversible Investment under Interest Rate Variability: New Results," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    46. Russell W. Cooper & John C. Haltiwanger, 2000. "On the Nature of Capital Adjustment Costs," NBER Working Papers 7925, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    47. Alvarez, Luis H.R. & Koskela , Erkki, 2003. "Irreversible investment under interest rate variability: new results," Research Discussion Papers 29/2003, Bank of Finland. [Downloadable!]
    48. Miquel Faig, 1997. "INVESTMENT IRREVERSIBILITY IN GENERAL EQUILIBRIUM: Capital Accumulation, Interest Rates, and the Risk Premium," Working Papers faig-97-01, University of Toronto, Department of Economics. [Downloadable!]
    49. Carlo Scarpa & Paolo Panteghini, 2001. "Incentives to (Irreversible) Investments Under Different Regulatory Regimes," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
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  3. Andrew B. Abel & Janice C. Eberly, . "A Unified Model of Investment Under Uncertainty," Rodney L. White Center for Financial Research Working Papers 14-93, Wharton School Rodney L. White Center for Financial Research.
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    Cited by:

    1. Alaa El-Shazly, 2004. "Investment under uncertainty in Egypt: a real-options approach," Review of Middle East Economics and Finance, Taylor and Francis Journals, vol. 2(2), pages 139-148, August. [Downloadable!] (restricted)
    2. Yu-Fu Chen & I-Hui Cheng, 2005. "Protection and employment under uncertainty: a real option approach," Applied Economics, Taylor and Francis Journals, vol. 37(2), pages 229-238, February. [Downloadable!] (restricted)
    3. Nick Bloom & John Van Reenen & Stephen Bond, 2006. "Uncertainty and Investment Dynamics," NBER Working Papers 12383, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    4. Nicholas S. Souleles, . "Household Securities Purchases, Transactions Costs, and Hedging Motives," Rodney L. White Center for Financial Research Working Papers 24-99, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
    5. Edlira Narazani, 2004. "Interrelationships Between Labor and Capital Adjustment Decisions," Labor and Demography 0412003, EconWPA. [Downloadable!]
    6. Abel, Andrew B., 1952-, 1995. "Options, the value of capital, and investment," Working papers 3843-95., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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    7. Bruce E. Hansen, 1997. "Threshold effects in non-dynamic panels: Estimation, testing and inference," Boston College Working Papers in Economics 365, Boston College Department of Economics. [Downloadable!]
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    8. Konstantinos Drakos, 2006. "A note on uncertainty and investment across the spectrum of irreversibility," Applied Economics Letters, Taylor and Francis Journals, vol. 13(13), pages 873-876, October. [Downloadable!] (restricted)
    9. Ricardo J. Caballero, 1997. "Aggregate Investment," NBER Working Papers 6264, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    10. Affuso, Luisa & Newbery, David M G, 2000. "Investment, Reprocurement and Franchise Contract Length in the British Railway Industry," CEPR Discussion Papers 2619, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    11. Rudolfs Bems & Kristian Jönsson Hartelius, 2006. "Trade Deficits in the Baltic States: How Long Will the Party Last?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(1), pages 179-209, January. [Downloadable!] (restricted)
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    12. Sumru Altug & Fanny Demers & Michel Demers, 2003. "Political Risk and Irreversible Investment:Theory and Application to Quebec," Working Papers 2003/3, Turkish Economic Association. [Downloadable!]
    13. Missaka Warusawitharana, 2007. "Corporate asset purchases and sales: theory and evidence," Finance and Economics Discussion Series 2007-27, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
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    14. Oivind A. Nilsen & Kjell G. Salvanes & Fabio Schiantarelli, 2003. "Employment Changes, the Structure of Adjustment Costs, and Plant Size," Boston College Working Papers in Economics 586, Boston College Department of Economics. [Downloadable!]
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    15. Katsuya Takii, 2005. "Limited Attention, Interaction and the Growth of a Firm," Macroeconomics 0506005, EconWPA. [Downloadable!]
    16. Lutfi Erden & Randall G. Holcombe, 2006. "The Linkage Between Public and Private Investment: A Co-integration Analysis of a Panel of Developing Countries," Eastern Economic Journal, Palgrave Macmillan Journals, vol. 32(3), pages 479-492, Summer. [Downloadable!] (restricted)
    17. Alessandra Del Boca & Marzio Galeotti & Paola Rota, 2003. "Non-convexities in the Adjustment of Different Capital Inputs: A Firm-level Investigation," Working Papers 2003.35, Fondazione Eni Enrico Mattei. [Downloadable!]
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    18. Hintermaier, Thomas & Steinberger, Thomas, 2002. "Occupational Choice and the Private Equity Premium Puzzle," Economics Series 122, Institute for Advanced Studies. [Downloadable!]
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    19. Oivind Anti Nilsen & Fabio Schiantarelli, 1996. "Zeroes and Lumps in Investment: Empirical Evidence on Irreversibilities and Non-Convexities," Boston College Working Papers in Economics 337., Boston College Department of Economics, revised 01 Nov 2000. [Downloadable!]
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    20. Jinhua Zhao, 2000. "Irreversible Abatement Investment Under Cost Uncertainties: Tradable Emission Permits and Emissions Charges," Center for Agricultural and Rural Development (CARD) Publications 00-wp252, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
    21. Miquel Faig & Pauline Shum, 1996. "Irreversible Investment, Financing Choice and Asymmetric Corporate Taxes," Working Papers faig-96-01, University of Toronto, Department of Economics. [Downloadable!]
    22. Nathaniel O. Keohane & Benjamin Van Roy & Richard J. Zeckhauser, 2000. "Controlling Stocks and Flows to Promote Quality: The Environment, With Applications to Physical and Human Capital," NBER Working Papers 7727, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    23. Hiroyuki Kasahara, 2003. "Technology Adoption Under Relative Factor Price Uncertainty: The Putty-Clay Investment Model," Working Papers 1014, Queen's University, Department of Economics. [Downloadable!]
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    24. Jordan Rappaport, 2002. "A bottleneck capital model of development," Research Working Paper RWP 01-10, Federal Reserve Bank of Kansas City. [Downloadable!]
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    25. W.A. Bruinshoofd & W.A. Letterie, 2003. "Investment and Financing Decisions when Liquidation is Costly," WO Research Memoranda (discontinued) 721, Netherlands Central Bank, Research Department. [Downloadable!]
    26. Mark E. Doms & Timothy Dunne, 1998. "Capital Adjustment Patterns in Manufacturing Plants," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 409-429, April. [Downloadable!] (restricted)
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    27. Russell Cooper & Joao Ejarque, 2001. "Exhuming Q: Market Power vs. Capital Market Imperfections," NBER Working Papers 8182, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    28. Silke Hüttel & Oliver Mußhoff & Martin Odening & Nataliya Zinych, 2008. "Estimating Investment Equations in Imperfect Capital Markets," SFB 649 Discussion Papers SFB649DP2008-016, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany. [Downloadable!]
    29. Jaime Casassus & Pierre Collin-Dufresne & Bryan R. Routledge, 2005. "Equilibrium Commodity Prices with Irreversible Investment and Non-Linear Technology," NBER Working Papers 11864, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    30. Katharina Raabe & Ivo Arnold & Clemens Kool, 2006. "Firm Size and Monetary Policy Transmission: A Theoretical Model on the Role of Capital Investment Expenditures," Working Papers 06-14, Utrecht School of Economics. [Downloadable!]
    31. Rui Albuquerque & Neng Wang, 2007. "Agency Conflicts, Investment, and Asset Pricing," NBER Working Papers 13251, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    32. Yu-Fu Chen & Michael Funke, 2005. "Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    33. Matthias Kredler, 2005. "Bayesian Estimation of a Dynamic Partial-Equilibrium Model for Investment," Econometrics 0509003, EconWPA. [Downloadable!]
    34. Jin Ginger Wu & Lu Zhang & X. Frank Zhang, 2007. "Understanding the Accrual Anomaly," NBER Working Papers 13525, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    35. Admasu Shiferaw, 2006. "Capital adjustment patterns and uncertainty in African manufacturing," Working Papers - General Series 435, Institute of Social Studies. [Downloadable!]
    36. Verick, Sher & Letterie, Wilko & Pfann, Gerard, 2004. "Non-Linearities in the Expansion of Capital Stock," IZA Discussion Papers 1132, Institute for the Study of Labor (IZA). [Downloadable!]
    37. Jeffrey Campbell, 1998. "Entry, Exit, Embodied Technology, and Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 371-408, April. [Downloadable!] (restricted)
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    38. Russell Cooper & John Haltiwanger & Laura Power, 1999. "Machine Replacement and the Business Cycle: Lumps and Bumps," American Economic Review, American Economic Association, vol. 89(4), pages 921-946, September. [Downloadable!] (restricted)
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    39. Letterie Wilko & Nilsen Øivind A. & Pfann Gerard, 2008. "Interrelated Factor Demand with Nonconvex Adjustment Costs: a Note," Research Memoranda 002, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
    40. Catherine Pattillo, 1998. "Investment, Uncertainty, and Irreversibility in Ghana," IMF Staff Papers, Palgrave Macmillan Journals, vol. 45(3), pages 5. [Downloadable!] (restricted)
    41. Yu-Fu Chen & Michael Funke, 2004. "Working Time and Employment under Uncertainty," Quantitative Macroeconomics Working Papers 20409, Hamburg University, Department of Economics. [Downloadable!]
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    42. Lutfi Erden & Randall G. Holcombe, 2006. "The Linkage Between Public and Private Investment: A Co-integration Analysis of a Panel of Developing Countries," Eastern Economic Journal, Eastern Economic Association, vol. 32(3), pages 479-492, Summer. [Downloadable!]
    43. Nicolas Roys, 2007. "Optimal investment policy with fixed adjustment costs and complete irreversibility," CeMMAP working papers CWP29/07, Centre for Microdata Methods and Practice, Institute for Fiscal Studies. [Downloadable!]
    44. Bahar Erdal, 2001. "Investment Decisions under Real Exchange Rate Uncertainty," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 1(1), pages 25-47. [Downloadable!]
    45. Austan Goolsbee & David B. Gross, 1997. "Estimating Adjustment Costs with Data on Heterogeneous Capital Goods," NBER Working Papers 6342, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    46. Pavlova, Anna, 2003. "Adjustment Costs, Learning-By-Doing, And Technology Adoption Under Uncertainty," Working papers 4369-01, Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
    47. Sergio Lehmann, 1997. "Investment under Uncertainty and Financial Market Development: A q-Theory Approach," Working Papers Central Bank of Chile 17, Central Bank of Chile. [Downloadable!]
    48. Valerie A. Ramey & Matthew D. Shapiro, 1998. "Displaced Capital," NBER Working Papers 6775, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    49. Urban Jermann, 2006. "The Equity Premium Implied by Production," NBER Working Papers 12487, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    50. Pedro Rui Mazeda Gil, 2004. "Expected Profitability of Capital under Uncertainty – a Microeconomic Perspective," FEP Working Papers 157, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
    51. Arthur Lewbel, 2000. "Endogenous Selection Or Treatment Model Estimation," Boston College Working Papers in Economics 462, Boston College Department of Economics, revised 13 Jun 2007. [Downloadable!]
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    52. Simon Gilchrist & Charles Himmelberg, 1998. "Investment, Fundamentals and Finance," NBER Working Papers 6652, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    53. Boehm, Hjalmar & Funke, Michael, 2000. "Optimal Investment Strategies under Demand and Tax Policy Uncertainty," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    54. Dmitry Livdan & Horacio Sapriza & Lu Zhang, 2006. "Financially Constrained Stock Returns," NBER Working Papers 12555, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    55. Pedro Rui Mazeda Gil, 2005. "The Firm’s Perception of Demand Shocks and the Expected Profitability of Capital under Uncertainty," FEP Working Papers 195, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
    56. Jaewoo Lee & Kwanho Shin, 2000. "The Role of a Variable Input in the Relationship between Investment and Uncertainty," American Economic Review, American Economic Association, vol. 90(3), pages 667-680, June. [Downloadable!] (restricted)
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    57. Simon Price & Christoph Schleicher, . "Returns to equity, investment and Q: evidence from the United Kingdom," Bank of England working papers 310, Bank of England. [Downloadable!]
    58. Jianjun Miao & Neng Wang, 2007. "Investment, Consumption, and Hedging under Incomplete Markets," NBER Working Papers 13250, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    59. Catherine Pattillo, 1998. "Investment, Uncertainty, and Irreversibility in Ghana," IMF Staff Papers, International Monetary Fund, vol. 45(3), pages 5. [Downloadable!]
    60. Paul Butzen & Catherine Fuss & Philip Vermeulen, 2002. "The impact of uncertainty on investment plans," Research series 200205-5, National Bank of Belgium. [Downloadable!]
    61. Yu-Fu Chen & Michael Funke, 2004. "Option value, policy uncertainty, and the foreign direct investment decision," Money Macro and Finance (MMF) Research Group Conference 2003 14, Money Macro and Finance Research Group. [Downloadable!]
    62. Douglas Dwyer, 1998. "Technology Locks, Creative Destruction, and Non-Convergence in Productivity Levels," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 430-473, April. [Downloadable!] (restricted)
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    63. Ciaran Driver & Paul Temple & Giovanni Urga, 2005. "Explaining the Diversity of Industry Investment Responses to Uncertainty Using Long Run Panel Survey Data," Department of Economics Discussion Papers 0405, Department of Economics, University of Surrey. [Downloadable!]
    64. Hjalmar Böhm & Michael Funke, 1999. "The Uncertainty-Investment Relationship," Quantitative Macroeconomics Working Papers 19903, Hamburg University, Department of Economics. [Downloadable!]
    65. Lettau, Martin & Ludvigson, Sydney, 2001. "Time-Varying Risk Premia and the Cost of Capital: An Alternative Implication of the Q Theory of Investment," CEPR Discussion Papers 3103, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    66. Jonathan N. Millar, 2005. "Gestation lags and the relationship between investment and Q in regressions," Finance and Economics Discussion Series 2005-28, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    67. Zhao, Jinhua, 2000. "Irreversible Abatement Investment Under Cost Uncertainties: Tradable Emissions Permits and Emissions Charges," Staff General Research Papers 1873, Iowa State University, Department of Economics. [Downloadable!]
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    68. Pavlova, Anna, 2002. "Adjustment Costs, Learning-by-Doing, and Technology Adoption Under Uncertainty," Working papers 4369-01, Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
    69. Jose M. Plehn-Dujowich, 2005. "The Optimality of a Control Band Policy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(4), pages 877-901, October. [Downloadable!] (restricted)
    70. Simon Price, 2004. "UK investment and the return to equity: Q redux," Money Macro and Finance (MMF) Research Group Conference 2004 87, Money Macro and Finance Research Group. [Downloadable!]
    71. Dehn, Jan, 2000. "The effects on growth of commodity price uncertainty and shocks," Policy Research Working Paper Series 2455, The World Bank. [Downloadable!]
    72. Nilsen, Øivind & Salvanes, Kjell G. & Schiantarelli, Fabio, 2000. "Employment Changes, the Structure of Adjustment Costs, and Firms' Size," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 A1-4, International Conferences on Panel Data. [Downloadable!]
    73. Sangeeta Pratap, 2001. "Do Adjustment Costs Explain Investment-Cash Flow Insensitivity?," Working Papers 0103, Centro de Investigacion Economica, ITAM. [Downloadable!]
      Other versions:
    74. Christian Bayer, 2004. "Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections," Macroeconomics 0411018, EconWPA. [Downloadable!]
      Other versions:
    75. Joao F. Gomes, 2001. "Financing Investment," American Economic Review, American Economic Association, vol. 91(5), pages 1263-1285, December. [Downloadable!] (restricted)
    76. Yu-Fu Chen & Michael Funke, 2004. "Cyclical Uncertainty And Physical Investment Decisions," Money Macro and Finance (MMF) Research Group Conference 2004 89, Money Macro and Finance Research Group. [Downloadable!]
    77. Hjalmar Boehm & Michael Funke & Nikolaus A. Siegfried, 2000. "Discovering the Link Between Uncertainty and Investment - Microeconometric Evidence from Germany," Econometric Society World Congress 2000 Contributed Papers 0112, Econometric Society. [Downloadable!]
      Other versions:
    78. Andrew B. Abel & Janice C. Eberly, 1998. "An Exact Soultion for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility," NBER Working Papers 4412, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    79. Chung-Hua Shen & Chien-An Wang, 2005. "The impact of cross-ownership on the reaction of corporate investment and financing constraints: a panel threshold model," Applied Economics, Taylor and Francis Journals, vol. 37(20), pages 2315-2325, November. [Downloadable!] (restricted)
    80. Yuzo Honda & Kazuyuki Suzuki, 2006. "Is Cash Flow a Proxy for Financing Constraints in the Investment Equation? The Case of Unlisted Japanese Firms," Discussion Papers in Economics and Business 06-24, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP). [Downloadable!]
    81. Hjalmar Boehm & Michael Funke, 2001. "Does the Nominal Exchange Rate Regime Matter for Investment?," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
      Other versions:
    82. Guiso, Luigi & Pistaferri, Luigi & Schivardi, Fabiano, 2006. "Labour Adjustment: Disentangling Firing and Mobility Costs," CEPR Discussion Papers 5787, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    83. Christopher F. Baum & Mustafa Caglayan & Oleksandr Talavera, 2006. "On the Sensitivity of Firms' Investment to Cash Flow and Uncertainty," Boston College Working Papers in Economics 638, Boston College Department of Economics, revised 26 Apr 2008. [Downloadable!]
      Other versions:
    84. Jean-Marie Dufour & Joanna Jasiak, 2000. "Finite Sample Inference Methods for Simultaneous Equations and Models with Unobserved and Generated Regressors," Econometric Society World Congress 2000 Contributed Papers 1536, Econometric Society. [Downloadable!]
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    85. Jeffrey Campbell, 1997. "Measuring and analyzing aggregate fluctuations: the importance of building from microeconomic evidence - commentary," Review, Federal Reserve Bank of St. Louis, issue May, pages 83-86. [Downloadable!]

  4. Andrew B. Abel & Janice C. Eberly, . "An Exact Solution for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility," Rodney L. White Center for Financial Research Working Papers 12-93, Wharton School Rodney L. White Center for Financial Research.
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    Cited by:

    1. Alaa El-Shazly, 2004. "Investment under uncertainty in Egypt: a real-options approach," Review of Middle East Economics and Finance, Taylor and Francis Journals, vol. 2(2), pages 139-148, August. [Downloadable!] (restricted)
    2. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 1999. "Discovering the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 19906, Hamburg University, Department of Economics. [Downloadable!]
      Other versions:
    3. Junning Cai, 2004. "Baby Boom, Asset Market Meltdown and Liquidity Trap," Macroeconomics 0401002, EconWPA. [Downloadable!]
    4. Affuso, Luisa & Newbery, David M G, 2000. "Investment, Reprocurement and Franchise Contract Length in the British Railway Industry," CEPR Discussion Papers 2619, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    5. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 2000. "Investigating the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 20008, Hamburg University, Department of Economics. [Downloadable!]
    6. Junning Cai, 2003. "Fundamental Paper Wealth and Monetary Policy," Macroeconomics 0309001, EconWPA. [Downloadable!]
    7. Richard W. Kopcke, 1995. "Tobin's q, economic rents, and the optimal stock of capital," Working Papers 95-4, Federal Reserve Bank of Boston. [Downloadable!]
    8. Hjalmar Böhm & Michael Funke, 1999. "The Uncertainty-Investment Relationship," Quantitative Macroeconomics Working Papers 19903, Hamburg University, Department of Economics. [Downloadable!]
    9. Andrew B. Abel & Janice C. Eberly, 1995. "The Effects of Irreversibility and Uncertainty on Capital Accumulation," NBER Working Papers 5363, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    10. Junning Cai, 2003. "Asset Prices and Monetary Policy: Some Notes," Macroeconomics 0305006, EconWPA, revised 13 May 2003. [Downloadable!]

  5. Andrew B. Abel & Avinash K. Dixit & Janice B. Eberly & Robert S. Pindyck, . "Options, the Value of Capital, and Investment," Rodney L. White Center for Financial Research Working Papers 15-95, Wharton School Rodney L. White Center for Financial Research.
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    Cited by:

    1. Serven, Luis, 1997. "Uncertainty, instability, and irreversible investment : theory, evidence, and lessons for Africa," Policy Research Working Paper Series 1722, The World Bank. [Downloadable!]
    2. Everaert, Greetje M.M., 2004. "The Political Economy of Restructuring and Subsidisation: An International Perspective," BOFIT Discussion Papers 12/2004, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
      Other versions:
    3. Panteghini, Paolo M. & Scarpa, Carlo, 2003. "Irreversible Investments and Regulatory Risk," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    4. Lubos Pastor & Pietro Veronesi, 2003. "Stock Prices and IPO Waves," NBER Working Papers 9858, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Laarni Bulan & Christopher J. Mayer & C. Tsuriel Somerville, 2006. "Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development," NBER Working Papers 12486, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    6. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 1999. "Discovering the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 19906, Hamburg University, Department of Economics. [Downloadable!]
      Other versions:
    7. Nicholas Bloom, 2000. "A Generalised Model of Investment under Uncertainty: Aggregation and Estimation," Econometric Society World Congress 2000 Contributed Papers 1505, Econometric Society. [Downloadable!]
    8. Richard Holt, 2004. "Investment, Irreversibility, and Financial Imperfections," ESE Discussion Papers 54, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
    9. Konstantinos Drakos, 2006. "A note on uncertainty and investment across the spectrum of irreversibility," Applied Economics Letters, Taylor and Francis Journals, vol. 13(13), pages 873-876, October. [Downloadable!] (restricted)
    10. Michele Moretto & Rosella Levaggi, 2004. "Investment in Hospital Care Technology under Different Purchasing Rules: A Real Option Approach," Working Papers 2004.75, Fondazione Eni Enrico Mattei. [Downloadable!]
      Other versions:
    11. Avinash K. Dixit & Robert S. Pindyck, 1998. "Expandability, Reversibility, and Optimal Capacity Choice," NBER Working Papers 6373, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    12. Adela Luque, 2002. "An Option-Value Approach To Technology Adoption In U.S. Manufacturing: Evidence From Microdata," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 11(6), pages 543-568, January. [Downloadable!] (restricted)
    13. Christopher L. House & John V. Leahy, 2000. "An sS Model with Adverse Selection," NBER Working Papers 8030, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    14. Julian Fennema, 2006. "An Alternative Estimation Framework for Firm-Level Capital Investment," CERT Discussion Papers 0602, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    15. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 2000. "Investigating the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 20008, Hamburg University, Department of Economics. [Downloadable!]
    16. N. Mayor & P. Schonbucher & P.Wilmott & A.E. Whalley & D. Epstein, 1999. "The Value of Market Research When a Firm is Learning: Real Option Pricing and Optimal Filtering," OFRC Working Papers Series 1999mf13, Oxford Financial Research Centre. [Downloadable!]
    17. Luis H.R. Alvarez E., 2006. "Irreversible Investment, Incremental Capital Accumulation, and Price Uncertainty," Discussion Papers 4, Aboa Centre for Economics. [Downloadable!]
    18. Svetlana Boyarchenko, 2004. "Irreversible Decisions and Record-Setting News Principles," American Economic Review, American Economic Association, vol. 94(3), pages 557-568, June. [Downloadable!] (restricted)
    19. John P. Small, 1999. "The Timing and Scale of Investment Under Uncertainty," Econometrics Working Papers 9906, Department of Economics, University of Victoria. [Downloadable!]
    20. Yu-Fu Chen & Michael Funke, 2005. "Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    21. Pindyck, Robert S., 1998. "Irreversibilities and the timing of environmental policy," Working papers WP 4047-98., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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    22. Carlo Altomonte, 1998. "FDI in the CEEC’s and the Theory of Real Options: An Empirical Assessment," LICOS Discussion Papers 7698, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
    23. Oliver Musshoff & Martin Odening & Alfons Balmann & Norbert Hirschauer, 2003. "Is the myopic investor right? Numerical evidence for systematic overestimation of investment reluctance for real options," Computing in Economics and Finance 2003 305, Society for Computational Economics. [Downloadable!]
    24. Catherine Pattillo, 1998. "Investment, Uncertainty, and Irreversibility in Ghana," IMF Staff Papers, Palgrave Macmillan Journals, vol. 45(3), pages 5. [Downloadable!] (restricted)
    25. Andrea Gamba & Alberto Micalizzi, 2002. "Product Development and Market Expansion: a Valuation Approach Based on Real Options," Working Papers 1, Università di Verona, Dipartimento di Scienze economiche. [Downloadable!]
    26. Ravn, Morten O. & Schmitt-Grohé, Stephanie & Uribe, Martín, 2004. "Deep Habits," CEPR Discussion Papers 4269, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    27. Cesare Dosi & Michele Moretto, 2001. "Is Ecolabelling a Reliable Environmental Policy Measure?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 18(1), pages 113-127, January. [Downloadable!] (restricted)
    28. Richard W. Kopcke & Richard S. Brauman, 2001. "The performance of traditional macroeconomic models of businesses' investment spending," New England Economic Review, Federal Reserve Bank of Boston, pages 3-39. [Downloadable!]
    29. L. Sereno, 2006. "The Valuation of New Ventures," Working Papers 554, Dipartimento Scienze Economiche, Università di Bologna. [Downloadable!]
    30. Paolo Panteghini, 2002. "Asymmetric Taxation under Incremental and Sequential Investment," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
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    31. Rossella Levaggi & Michele Moretto & Vincenzo Rebba, 2007. "Investment decisions in hospital technology when physicians are devoted workers," "Marco Fanno" Working Papers 0048, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
    32. Sergio Lehmann, 1997. "Investment under Uncertainty and Financial Market Development: A q-Theory Approach," Working Papers Central Bank of Chile 17, Central Bank of Chile. [Downloadable!]
    33. Carolyn Kousky & Erzo F.P. Luttmer & Richard J. Zeckhauser, 2006. "Private Investment and Government Protection," NBER Working Papers 12255, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    34. Boehm, Hjalmar & Funke, Michael, 2000. "Optimal Investment Strategies under Demand and Tax Policy Uncertainty," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    35. Richard Hartman & Michael Hendrickson, 1999. "Optimal Partially Reversible Investment," Discussion Papers in Economics at the University of Washington 0032, Department of Economics at the University of Washington. [Downloadable!]
    36. Catherine Pattillo, 1998. "Investment, Uncertainty, and Irreversibility in Ghana," IMF Staff Papers, International Monetary Fund, vol. 45(3), pages 5. [Downloadable!]
    37. Paul Butzen & Catherine Fuss & Philip Vermeulen, 2002. "The impact of uncertainty on investment plans," Research series 200205-5, National Bank of Belgium. [Downloadable!]
    38. Yu-Fu Chen & Michael Funke, 2004. "Option value, policy uncertainty, and the foreign direct investment decision," Money Macro and Finance (MMF) Research Group Conference 2003 14, Money Macro and Finance Research Group. [Downloadable!]
    39. Leif Danziger, 2003. "The New Investment Theory and Aggregate Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(4), pages 907-940, October. [Downloadable!] (restricted)
    40. Ciaran Driver & Paul Temple & Giovanni Urga, 2005. "Explaining the Diversity of Industry Investment Responses to Uncertainty Using Long Run Panel Survey Data," Department of Economics Discussion Papers 0405, Department of Economics, University of Surrey. [Downloadable!]
    41. Paolo Panteghini, 2001. "Corporate Tax Asymmetries under Investment Irreversibility," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
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    42. Hjalmar Böhm & Michael Funke, 1999. "The Uncertainty-Investment Relationship," Quantitative Macroeconomics Working Papers 19903, Hamburg University, Department of Economics. [Downloadable!]
    43. Yi Wen, 2005. "Production and inventory behavior of capital," Working Papers 2005-044, Federal Reserve Bank of St. Louis. [Downloadable!]
    44. Marcel Boyer & Pierre Lasserre & Michel Moreaux, 1997. "Emerging Environmental Problems, Irreversible Remedies, and Myopia in a Two Country Setup," CIRANO Working Papers 97s-32, CIRANO. [Downloadable!]
    45. Ciaran Driver & Paul Temple & Giovanni Urga, 2005. "Contrasts Between Classes of Assets in Fixed Investment Equations as a Way of Testing Real Option Theory," Department of Economics Discussion Papers 0805, Department of Economics, University of Surrey. [Downloadable!]
    46. Jonathan B. Berk, 1998. "A Simple Approach for Deciding When to Invest," NBER Working Papers 6678, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    47. Evgeny Lyandres & Le Sun & Lu Zhang, 2005. "Investment-Based Underperformance Following Seasoned Equity Offerings," NBER Working Papers 11459, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    48. Ric Battellino & John Broadbent & Philip Lowe, 1997. "The Implementation of Monetary Policy in Australia," RBA Research Discussion Papers rdp9703, Reserve Bank of Australia. [Downloadable!]
    49. Gerald Stuber, 2001. "Implications of Uncertainty about Long-Run Inflation and the Price Level," Working Papers 01-16, Bank of Canada. [Downloadable!]
    50. John P. Small & Henry Ergas, 1999. "The Rental Cost of Sunk and Regulated Capital," Econometrics Working Papers 9908, Department of Economics, University of Victoria. [Downloadable!]
    51. W Buiter & R Lagos & N Stern, 1997. "Promoting an Effective Market Economy in a Changing World," CEP Discussion Papers 0335, Centre for Economic Performance, LSE. [Downloadable!]
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    52. W Buiter & R Lagos & H Rey, 1997. "Enterprises in Transition: Macroeconomic Influences on Enterprise Decision-Making and Performance," CEP Discussion Papers 0340, Centre for Economic Performance, LSE. [Downloadable!]
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    53. Hjalmar Boehm & Michael Funke, 2001. "Does the Nominal Exchange Rate Regime Matter for Investment?," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
      Other versions:
    54. Iulie Aslaksen and Terje Synnestvedt, 2003. "Corporate environmental protection under uncertainty," Discussion Papers 355, Research Department of Statistics Norway. [Downloadable!]
    55. Svetlana Boyarchenko & Sergei Levendorskii, 2005. "General option exercise rules, with applications to embedded options and monopolistic expansion," Finance 0511001, EconWPA. [Downloadable!]
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    56. Richard Holt, 2007. "Investment, irreversibility and financial imperfections: the rush to invest and the option to wait," Economics Bulletin, Economics Bulletin, vol. 5(10), pages 1-10. [Downloadable!]
    57. Carlo Scarpa & Paolo Panteghini, 2001. "Incentives to (Irreversible) Investments Under Different Regulatory Regimes," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
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  6. Janice C. Eberly, . "Adjustment of Consumers' Durables Stocks: Evidence from Automobile Purchases," Rodney L. White Center for Financial Research Working Papers 22-91, Wharton School Rodney L. White Center for Financial Research.
    Published as:

    Cited by:

    1. Raj Chetty, 2004. "Optimal Unemployment Insurance When Income Effects are Large," NBER Working Papers 10500, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    2. Koen Vermeylen, 2005. "Job Insecurity, Reallocation and Technological Innovation in a Self-Fulfilling Prophecy," Topics in Macroeconomics, Berkeley Electronic Press, vol. 5(1), pages 1175-1175. [Downloadable!] (restricted)
    3. Nicholas S. Souleles, . "Household Securities Purchases, Transactions Costs, and Hedging Motives," Rodney L. White Center for Financial Research Working Papers 24-99, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
    4. Bertola, Giuseppe & Guiso, Luigi & Pistaferri, Luigi, 2002. "Uncertainty and Consumer Durables Adjustment," CEPR Discussion Papers 3332, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    5. Fang Yang, 2006. "Consumption along the life cycle: how different is housing?," Working Papers 635, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    6. Robert Paul Berben & Kerstin Bernoth & Mauro Mastrogiacomo, 2006. "Households' Response to Wealth Changes: Do Gains or Losses make a Difference?," DNB Working Papers 090, Netherlands Central Bank, Research Department. [Downloadable!]
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    7. Raj Chetty & Adam Szeidl, 2006. "Consumption Commitments and Risk Preferences," NBER Working Papers 12467, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    8. Christopher L. House & John V. Leahy, 2000. "An sS Model with Adverse Selection," NBER Working Papers 8030, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    9. Jesus Fernandez-Villaverde & Dirk Krueger, 2002. "Consumption over the Life Cycle: Facts from Consumer Expenditure Survey Data," NBER Working Papers 9382, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    10. Maria J. Luengo-Prado, 2004. "Durables, Nondurables, Down Payments and Consumption Excesses," Macroeconomics 0408006, EconWPA. [Downloadable!]
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    11. Sònia Muñoz, 2006. "Wealth Effects in Europe: A Tale of Two Countries (Italy and the United Kingdom)," IMF Working Papers 06/30, International Monetary Fund. [Downloadable!]
    12. Jesus Fernandez-Villaverde & Dirk Krueger, 2002. "Consumption over the Life Cycle: Some Facts from Consumer Expenditure Survey Data," Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP) 7, Centro de Altisimos Estudios Rios Perez (CAERP). [Downloadable!]
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    13. Ellingsen, Tore & Holden, Steinar, 1997. "Indebtedness and Unemployment: A Durable Relationship," Working Paper Series in Economics and Finance 186, Stockholm School of Economics. [Downloadable!]
    14. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1998. "Nonlinear Aggregate Investment Dynamics: Theory and Evidence," NBER Working Papers 6420, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    15. Ana Aizcorbe & Martha Starr & James T. Hickman, 2003. "The replacement demand for motor vehicles: evidence from the Survey of Consumer Finances," Finance and Economics Discussion Series 2003-44, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    16. Kiseok Hong, 2003. "Consumer Durables And The Interest Rate," International Economic Journal, Korean International Economic Association, vol. 17(2), pages 105-127, June. [Downloadable!] (restricted)
    17. Ricardo J. Caballero & Eduardo M.R.A. Engel & John Haltiwanger, 1995. "Aggregate Employment Dynamics: Building From Microeconomic Evidence," NBER Working Papers 5042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    18. Andrew B. Abel & Janice C. Eberly, 1995. "A Unified Model of Investment Under Uncertainty," NBER Working Papers 4296, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    19. Richard Holt, 2004. "Two Cheers for the Aggregated (S, s) Model!," ESE Discussion Papers 56, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
    20. Jerome Adda & Russell Cooper, 2000. "The Dynamics of Car Sales: A Discrete Choice Approach," NBER Working Papers 7785, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    21. Christopher Foote & Erik Hurst & John Leahy, 2000. "Testing the (S, s) Model," American Economic Review, American Economic Association, vol. 90(2), pages 116-119, May. [Downloadable!] (restricted)
    22. Judith Chevalier & Austan Goolsbee, 2005. "Are Durable Goods Consumers Forward Looking? Evidence from College Textbooks," NBER Working Papers 11421, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    23. Nicholas S. Souleles, 1999. "The Response of Household Consumption to Income Tax Refunds," American Economic Review, American Economic Association, vol. 89(4), pages 947-958, September. [Downloadable!] (restricted)
    24. Dmitriy Stolyarov & Ennio Stacchetti, 2004. "Obsolescence of Durable Goods and Optimal Consumption," Econometric Society 2004 Latin American Meetings 312, Econometric Society. [Downloadable!]
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    25. Andrew Caplin & John Leahy, 1999. "Durable Goods Cycles," NBER Working Papers 6987, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    26. Orazio P. Attanasio, 1995. "Consumer Durables and Inertial Behavior: Estimation and Aggregation of (S,s) Rules," NBER Working Papers 5282, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    27. María José Moral Rincón, 1998. "La retirada de automóviles en España: Un aplicación de modelos de duración," Investigaciones Economicas, Fundación SEPI, vol. 22(2), pages 225-258, May. [Downloadable!]
    28. Han Hong & Matthew Shum, 2000. "A Semiparametric Estimator for Dynamic Optimization Models," Economics Working Paper Archive 461, The Johns Hopkins University,Department of Economics, revised Nov 2001. [Downloadable!]

  7. Andrew B. Abel & Janice B. Eberly, . "The Effects of Irreversibility and Uncertainty on Capital Accumulation," Rodney L. White Center for Financial Research Working Papers 21-95, Wharton School Rodney L. White Center for Financial Research.
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    Published as:

    Cited by:

    1. Svetlana Boyarchenko & Sergei Levendorskii, 2004. "Real options and the universal bad news principle," Finance 0405011, EconWPA. [Downloadable!]
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    2. Kimberly Burnett & James Roumasset & Yacov Tsur, 2007. "Delaying the Catastrophic Arrival of the Brown Tree Snake to Hawaii," Working Papers 200715, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
    3. Alaa El-Shazly, 2004. "Investment under uncertainty in Egypt: a real-options approach," Review of Middle East Economics and Finance, Taylor and Francis Journals, vol. 2(2), pages 139-148, August. [Downloadable!] (restricted)
    4. Laarni Bulan & Christopher J. Mayer & C. Tsuriel Somerville, 2006. "Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development," NBER Working Papers 12486, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 1999. "Discovering the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 19906, Hamburg University, Department of Economics. [Downloadable!]
      Other versions:
    6. Nick Bloom & John Van Reenen & Stephen Bond, 2006. "Uncertainty and Investment Dynamics," NBER Working Papers 12383, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions: