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Uncertainty and Investment: An Empirical Investigation Using Data on Analysts' Profits Forecasts
16 references·4 citing·42 second hop
Uncertainty and Investment: An Empirical Investigation Using Data on Analysts' Profits Forecasts (2004)Uncertainty and Investment: An Empirical …Investment Behavior, Observable Expectations, and Internal Funds (2006)Investment Behavior, Observab…Disagreement about Inflation Expectations (2003)Disagreement about Inflation …Disagreement about Inflation Expectations (2003)Disagreement about Inflation …Rationality and Analysts' Forecast Bias (2001)Rationality and Analysts' For…Capital markets research in accounting (2001)Capital markets research in a…Investment and Demand Uncertainty (1999)Investment and Demand Uncerta…The Effect of Uncertainty on Investment: Some Stylized Facts (1995)The Effect of Uncertainty on …Investment under Uncertainty (1994)Investment under UncertaintyOn the Sign of the Investment-Uncertainty Relationship (1991)On the Sign of the Investment…Consensus and Uncertainty in Economic Prediction (1987)Consensus and Uncertainty in …Does the Stock Market Rationally Reflect Fundamental Values? (1986)Does the Stock Market Rationa…Optimal Investment under Uncertainty. (1983)Optimal Investment under Unce…Consensus and Uncertainty in Economic Prediction (1983)Consensus and Uncertainty in …Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Do Stock Prices Move Too Much…The effects of price and cost uncertainty on investment (1972)The effects of price and cost…Corporate governance and investment sensitivity to policy uncertainty in Brazil (2021)Corporate governance and inve…The long-term economic impact of leaving the EU (2016)The long-term economic impact…Modelling events: The short-term economic impact of leaving the EU (2016)Modelling events: The short-t…Managerial flexibility, uncertainty, and corporate investment: The real options effect (2008)Managerial flexibility, uncer…Dividend Policy, Growth, and the Valuation of Shares (1961)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Does the Stock Market Overreact? (1985)Noise Trader Risk in Financial Markets (1990)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Time Series Analysis, Forecasting, and Control (1995)Increasing risk II: Its economic consequences (1971)Investment and the Valuation of Firms When There is an Option to Shut Down (1985)Strategic Growth Options (1998)Signalling by underpricing in the IPO market (1989)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Underwriting relationships, analysts' earnings forecasts and investment recommendations (1998)Individual differences in reasoning: Implications for the rationality debate? (2000)Representativeness Revisited: Attribute Substitution in Intuitive Judgment (2002)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment, Interest and Money. (1936)The Framing of Decisions and the Psychology of Choice (1981)Stock Volatility and the Crash of '87 (1989)The econometrics of financial markets (1996)Investor Sentiment and Asset Valuation (2005)The Economic Institutions of Capitalism (1987)Financing Constraints and Corporate Investment (1988)Multiple versus Single Banking Relationships: Theory and Evidence (2000)A General Equilibrium Approach To Monetary Theory (1969)Optimum consumption and portfolio rules in a continuous-time model (1971)A Unified Model of Investment Under Uncertainty (1993)Equilibrium Cross Section of Returns (2003)The Value Premium (2005)Judgment under Uncertainty: Heuristics and Biases (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Common risk factors in the returns on stocks and bonds (1993)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Investor Inattention and Friday Earnings Announcements (2009)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)Economic policy uncertainty and firm-level investment (2013)The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment (2016)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)Policy Uncertainty and Corporate Investment (2015)
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References

  • 1994Investment under Uncertainty9,016 cited
  • 1980Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?4,020 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 2001Capital markets research in accounting2,575 cited
  • 1983Optimal Investment under Uncertainty.1,230 cited
  • 1986Does the Stock Market Rationally Reflect Fundamental Values?1,149 cited
  • 2001Rationality and Analysts' Forecast Bias1,012 cited
  • 1972The effects of price and cost uncertainty on investment833 cited
  • 1995The Effect of Uncertainty on Investment: Some Stylized Facts832 cited
  • 1999Investment and Demand Uncertainty802 cited
  • 2003Disagreement about Inflation Expectations765 cited
  • 1991On the Sign of the Investment-Uncertainty Relationship636 cited
  • 2003Disagreement about Inflation Expectations586 cited
  • 2006Investment Behavior, Observable Expectations, and Internal Funds366 cited
  • 1987Consensus and Uncertainty in Economic Prediction361 cited
  • 1983Consensus and Uncertainty in Economic Prediction

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Cited by

  • 2016The long-term economic impact of leaving the EU111 cited
  • 2008Managerial flexibility, uncertainty, and corporate investment: The real options effect40 cited
  • 2021Corporate governance and investment sensitivity to policy uncertainty in Brazil38 cited
  • 2016Modelling events: The short-term economic impact of leaving the EU24 cited