Is the bad news principle for real?

Economics Letters

Volumn 66, Issue 3, 2000, Pages 327-331

  Svensson, Jakob ^a  

^a WORLD BANK   (United States)

Author keywords

Bad news principle; D92; Investment; Uncertainty

Indexed keywords

EID: 0034388052     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(99)00205-0     Document Type: Article

References (7)

1. Bernanke B.S. Irreversibility, uncertainty, and cyclical investment. Quarterly Journal of Economics. 98:1983;85-106.
2. Dixit A., Pindyck R.S. Investment Under Uncertainty. 1994;Princeton University Press, Princeton, NJ.
3. Guiso L., Japelli T., Terlizzese D. Earnings uncertainty and precautionary saving. Journal of Monetary Economics. 30:1992;307-337.
4. Pattillo, C., 1997. Investment, uncertainty and irreversibility in Ghana. mimeo, Oxford University.
5. Reinikka, R., Svensson, J., 1999. Confronting competition: firms' investment response and constraints in Uganda. In: Collier, P., Reinikka, R. (Eds.), Assessing an African Success: Farms, Firms, and Government in Uganda's Recovery, (forthcoming), World Bank.
6. Serven, L., 1997. Uncertainty, instability and irreversible investment. Policy Research Working Paper No. 1722, The World Bank.
7. Tybot, J.R., 1983. Credit rationing and investment behavior in a developing country. Review of Economics and Statistics, 598-607.