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A Stochastic Model of Investment, Marginal q and the Market Value of the Firm
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Cited by:
- Bernard Dumas, "undated".
"Pricing Physical Assets Internationally,"
Rodney L. White Center for Financial Research Working Papers
12-88, Wharton School Rodney L. White Center for Financial Research.
- Bernard Dumas, 1988. "Pricing Physical Assets Internationally," NBER Working Papers 2569, National Bureau of Economic Research, Inc.
- Bahmani-Oskooee, Mohsen & Hajilee, Massomeh, 2013. "Exchange rate volatility and its impact on domestic investment," Research in Economics, Elsevier, vol. 67(1), pages 1-12.
- Benavie, Arthur & Grinols, Earl & Turnovsky, Stephen J., 1996. "Adjustment costs and investment in a stochastic endogenous growth model," Journal of Monetary Economics, Elsevier, vol. 38(1), pages 77-100, August.
- Michele Moretto & Paolo M. Panteghini & Carlo Scarpa, 2008.
"Profit sharing and investment by regulated utilities: A welfare analysis,"
Review of Financial Economics, John Wiley & Sons, vol. 17(4), pages 315-337, December.
- Moretto, Michele & Panteghini, Paolo M. & Scarpa, Carlo, 2008. "Profit sharing and investment by regulated utilities: A welfare analysis," Review of Financial Economics, Elsevier, vol. 17(4), pages 315-337, December.
- Michele Moretto & Paolo M. Panteghini & Carlo Scarpa, 2006. "Profit Sharing and Investment by Regulated Utilities: A Welfare Analysis," Working Papers ubs0611, University of Brescia, Department of Economics.
- Michele Moretto & Paolo M. Panteghini & Carlo Scarpa, 2007. "Profit Sharing and Investment by Regulated Utilities: a Welfare Analysis," "Marco Fanno" Working Papers 0059, Dipartimento di Scienze Economiche "Marco Fanno".
- Abel, Andrew B., 1990.
"Consumption and investment,"
Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 2, chapter 14, pages 725-778,
Elsevier.
- Andrew B. Abel, 1988. "Consumption and Investment," NBER Working Papers 2580, National Bureau of Economic Research, Inc.
- Bontempi, Maria Elena & Golinelli, Roberto & Parigi, Giuseppe, 2010.
"Why demand uncertainty curbs investment: Evidence from a panel of Italian manufacturing firms,"
Journal of Macroeconomics, Elsevier, vol. 32(1), pages 218-238, March.
- Elena Bontempi & Roberto Golinelli & Giuseppe Parigi, 2007. "Why demand uncertainty curbs investment: Evidence froma a panel of Italian manufacturing firms," Temi di discussione (Economic working papers) 621, Bank of Italy, Economic Research and International Relations Area.
- Bruno de Oliveira Cruz & Raouf Boucekkine, 2006.
"Technological Progress and Investment Microeconomic Foundations and Macroeconomic Implications,"
Discussion Papers
1170, Instituto de Pesquisa Econômica Aplicada - IPEA.
- Raouf Boucekkine & Bruno de Oliveira Cruz, 2015. "Technological Progress and Investment: Microeconomic Foundations and Macroeconomic Implications," Discussion Papers 0166, Instituto de Pesquisa Econômica Aplicada - IPEA.
- Leonid Kogan & Dimitris Papanikolaou, 2014.
"Growth Opportunities, Technology Shocks, and Asset Prices,"
Journal of Finance, American Finance Association, vol. 69(2), pages 675-718, April.
- Leonid Kogan & Dimitris Papanikolaou, 2012. "Growth Opportunities, Technology Shocks, and Asset Prices," NBER Working Papers 17795, National Bureau of Economic Research, Inc.
- Mohsen Bahmani-Oskooee & Jungho Baek, 2021. "Exchange rate volatility and domestic investment in G7: are the effects asymmetric?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(3), pages 775-799, August.
- Raouf Boucekkine & Bruno de Oliveira Cruz, 2015.
"Technological Progress and Investment: A Non-Technical Survey,"
AMSE Working Papers
1519, Aix-Marseille School of Economics, France.
- Raouf Boucekkine & Bruno de Oliveira Cruz, 2015. "Technological Progress and Investment: A Non-Technical Survey," Working Papers halshs-01145485, HAL.
- Bernard Njindan Iyke & Sin-Yu Ho, 2017.
"Exchange rate uncertainty and domestic investment in Ghana,"
Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1362157-136, January.
- Njindan Iyke, Bernard & Ho, Sin-Yu, 2017. "Exchange Rate Uncertainty and Domestic Investment in Ghana," MPRA Paper 80474, University Library of Munich, Germany.
- Marcel Gérard & Frédéric Verscueren, 2002. "Finance, uncertainty and investment: assessing the gains and losses of a generalized non linear structural approach using Belgian panel data," Working Paper Research 26, National Bank of Belgium.
- Bronwyn H. Hall, 2006. "R&D, productivity and market value," IFS Working Papers W06/23, Institute for Fiscal Studies.
- Rosanne Altshuler & Jason G. Cummins, "undated".
"Tax Policy and the Dynamic Demand for Domestic and Foreign Capital by Multinational Corporations,"
Computing in Economics and Finance 1997
174, Society for Computational Economics.
- Rosanne Altshuler & Jason Cummins, 1998. "Tax Policy and the Dynamic Demand for Domestic and Foreign Capital by Multinational Corporations," Departmental Working Papers 199808, Rutgers University, Department of Economics.
- Altshuler, Rosanne & Cummins, Jason, 1997. "Tax Policy and the Dynamic Demand for Domestic and Foreign Capital by Multinational Corporations," Working Papers 97-31, C.V. Starr Center for Applied Economics, New York University.
- Belo, Frederico & Gala, Vito D. & Salomao, Juliana & Vitorino, Maria Ana, 2022. "Decomposing firm value," Journal of Financial Economics, Elsevier, vol. 143(2), pages 619-639.
- Bronwyn H. Hall, 1988.
"The Effect of Takeover Activity on Corporate Research and Development,"
NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 69-100,
National Bureau of Economic Research, Inc.
- Bronwyn H. Hall, 1987. "The Effect of Takeover Activity on Corporate Research and Development," NBER Working Papers 2191, National Bureau of Economic Research, Inc.
- Caren Sureth, 2002. "Partially Irreversible Investment Decisions and Taxation under Uncertainty: A Real Option Approach," German Economic Review, Verein für Socialpolitik, vol. 3(2), pages 185-221, May.
- Chien-Jen Wang & Po-Chin Wu & Yu-Ming Lu, 2011. "Twin-Rate Uncertainty, Debt And Investment Decisions– Evidence From Dow Jones Panel Data," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 5(1), pages 15-26.
- Saltari, Enrico & Travaglini, Giuseppe, 2011. "The effects of environmental policies on the abatement investment decisions of a green firm," Resource and Energy Economics, Elsevier, vol. 33(3), pages 666-685, September.
- Mailand, Wilhelm, 1998. "Zum Einfluß von Unsicherheit auf die gesamtwirtschaftliche Investitionstätigkeit," HWWA Discussion Papers 57, Hamburg Institute of International Economics (HWWA).
- repec:zbw:bofrdp:1991_019 is not listed on IDEAS
- Abel, Andrew B. & Eberly, Janice C., 1997. "An exact solution for the investment and value of a firm facing uncertainty, adjustment costs, and irreversibility," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 831-852, May.
- H. Youn Kim, 2003. "Intertemporal production and asset pricing: a duality approach," Oxford Economic Papers, Oxford University Press, vol. 55(2), pages 344-379, April.
- Martin Feldstein & Joosung Jun, 1987.
"The Effects of Tax Rules on Nonresidential Fixed Investment: Some Preliminary Evidence from the 1980s,"
NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 101-162,
National Bureau of Economic Research, Inc.
- Martin Feldstein & Joosung Jun, 1986. "The Effects of Tax Rules on Nonresidential Fixed Investment: Some Preliminary Evidence from the 1980s," NBER Working Papers 1857, National Bureau of Economic Research, Inc.
- Andrew B. Abel & Janice C. Eberly, "undated".
"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.
- Andrew B. Abel & Janice C. Eberly, 1993. "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.
- Maria B. Chiarolla & Ulrich G. Haussmann, 2005. "Explicit Solution of a Stochastic, Irreversible Investment Problem and Its Moving Threshold," Mathematics of Operations Research, INFORMS, vol. 30(1), pages 91-108, February.
- Mankan M. Koné & Carl Gaigné & Lota Tamini, 2017.
"Duopolistic Competition and Optimal Switching Time from Export to FDI in Uncertainty,"
CIRANO Working Papers
2017s-23, CIRANO.
- Mankan M. Koné & Lota D.Tamini & Carl Gaigné, 2017. "Duopolistic Competition and Optimal Switching Time from Export to FDI in Uncertainty," Cahiers de recherche CREATE 2017-03, CREATE.
- Rünstler, Gerhard & Balfoussia, Hiona & Burlon, Lorenzo & Buss, Ginters & Comunale, Mariarosaria & De Backer, Bruno & Dewachter, Hans & Guarda, Paolo & Haavio, Markus & Hindrayanto, Irma & Iskrev, Nik, 2018. "Real and financial cycles in EU countries - Stylised facts and modelling implications," Occasional Paper Series 205, European Central Bank.
- Anubha Dhasmana, 2021. "Employment growth in the face of exchange rate uncertainty: The role of trade and foreign equity finance," Southern Economic Journal, John Wiley & Sons, vol. 88(1), pages 79-117, July.
- Hassett, Kevin A & Metcalf, Gilbert E, 1999.
"Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?,"
Economic Journal, Royal Economic Society, vol. 109(457), pages 372-393, July.
- Kevin Hassett & Gilbert E. Metcalf, 1994. "Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?," NBER Working Papers 4780, National Bureau of Economic Research, Inc.
- Kevin A. Hassett & Gilbert E. Metcalf, 1998. "Investment With Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?," Discussion Papers Series, Department of Economics, Tufts University 9823, Department of Economics, Tufts University.
- Eksi, Ozan & Onur Tas, Bedri Kamil, 2022. "Time-varying effect of uncertainty shocks on unemployment," Economic Modelling, Elsevier, vol. 110(C).
- Richard W. Kopcke, 1995. "Tobin's Q, economic rents, and the optimal stock of capital," Working Papers 95-4, Federal Reserve Bank of Boston.
- Rosique, Francisco, 2010. "The Determinants of Corporate Growth," MPRA Paper 24336, University Library of Munich, Germany.
- Pyyhtiä, Ilmo, 1991. "Investment plans, innovations and revision costs in Finnish manufacturing," Research Discussion Papers 19/1991, Bank of Finland.
- Pyyhtiä, Ilmo, 1991. "Investment plans, innovations and revision costs in Finnish manufacturing," Bank of Finland Research Discussion Papers 19/1991, Bank of Finland.
- Yuanbo Qiao & Xiaoyan Shao & Zhuolin Han & Hao Duan, 2023. "The Impact of Investments in Physical Capital, Labor, and Knowledge Capital on Enterprise Market Value: Estimation and Optimization," Mathematics, MDPI, vol. 11(18), pages 1-19, September.
- Laing, Timothy, 2015.
"Rights to the forest, REDD+ and elections: Mining in Guyana,"
Resources Policy, Elsevier, vol. 46(P2), pages 250-261.
- Laing, Timothy, 2015. "Rights to the forest, REDD+ and elections: mining in Guyana," LSE Research Online Documents on Economics 64186, London School of Economics and Political Science, LSE Library.
- Timothy Laing, 2015. "Rights to the forest, REDD+ and elections: Mining in Guyana," GRI Working Papers 181, Grantham Research Institute on Climate Change and the Environment.
- Meng, Rujing, 2008. "A patent race in a real options setting: Investment strategy, valuation, CAPM beta, and return volatility," Journal of Economic Dynamics and Control, Elsevier, vol. 32(10), pages 3192-3217, October.
- Salas-Fumás, Vicente & Rosell-Martínez, Jorge & Delgado-Gómez, José Manuel, 2016. "Capacity, investment and market power in the economic value of energy firms," Energy Economics, Elsevier, vol. 53(C), pages 28-39.
- Guy V. G. Stevens, 1993. "Internal funds and the investment function," International Finance Discussion Papers 450, Board of Governors of the Federal Reserve System (U.S.).
- Tomat, Gian Maria, 2008. "Modeling the Effects of Financial Constraints on Firm's Investment," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-26.
- Bao-We-Wal BAMBE, 2022. "Inflation Targeting and Private Domestic Investment in Developing Countries," Working Papers REM 2022/0237, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- Hinrichs, J. & Mußhoff, O. & Odening, M., 2006. "Ökonomische Hysterese in der deutschen Veredlungsproduktion," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 41, March.
- M. Menegatti, 2003. "Public Investment and Different Sources of Uncertainty," Economics Department Working Papers 2003-EP02, Department of Economics, Parma University (Italy).
- Jeon, Haejun & Cui, Xue & Zhang, Chuanqian, 2023. "The effects of labor choice on investment and output dynamics," Journal of Corporate Finance, Elsevier, vol. 83(C).
- Frank Silvio Marzano & Enrico Saltari, 1999. "Modern Theories of Investment Decisions A Critical Assessment," Working Papers 57, Sapienza University of Rome, CIDEI.
- Mailand, Wilhelm, 1998. "Zum Einfluss von Unsicherheit auf die gesamtwirtschaftliche Investitionstatigkeit," Discussion Paper Series 26305, Hamburg Institute of International Economics.
- Bernard Njindan Iyke & Sin-Yu Ho, 2020. "The effects of transitory and permanent inflation uncertainty on investment in Ghana," Economic Change and Restructuring, Springer, vol. 53(1), pages 195-217, February.
- Shin, Kwanho, 1999. "Fluctuating uncertainty and flexibility value," The Quarterly Review of Economics and Finance, Elsevier, vol. 39(3), pages 329-340.