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Volumn 74, Issue 1, 2007, Pages 67-91

Interest rates, irreversibility, and backward-bending investment

Author keywords

[No Author keywords available]

Indexed keywords

INTEREST RATE; INVESTMENT;

EID: 33846012512     PISSN: 00346527     EISSN: 1467937X     Source Type: Journal    
DOI: 10.1111/j.1467-937X.2007.00414.x     Document Type: Article
Times cited : (22)

References (21)
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  • 2
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  • 3
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    • in J. N. Wolfe (ed.) Papers in Honour of Sir John Hicks (Chicago: Aldine)
    • ARROW, K. J. (1968), "Optimal Capital Policy with Irreversible Investment", in J. N. Wolfe (ed.) Value, Capital and Growth, Papers in Honour of Sir John Hicks (Chicago: Aldine) 1-19.
    • (1968) Value, Capital and Growth , pp. 1-19
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  • 4
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    • 0041662748 scopus 로고    scopus 로고
    • "Irreversible Investment, Real Options, and Competition: Evidence From Real Estate Development"
    • (Mimeo, Columbia University)
    • BULAN, L., MAYER, C. and SOMERVILLE, T. (2004), "Irreversible Investment, Real Options, and Competition: Evidence From Real Estate Development" (Mimeo, Columbia University).
    • (2004)
    • Bulan, L.1    Mayer, C.2    Somerville, T.3
  • 7
    • 77956767363 scopus 로고    scopus 로고
    • "Aggregate Investment"
    • in J. P. Taylor and M. Woodford (eds.) (Amsterdam: North-Holland)
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    • (1999) Handbook of Macroeconomics , vol.1 B , pp. 813-862
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  • 9
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    • CAPOZZA, D. and LI, Y. (1994), "The Intensity and Timing of Investment: The Case of Land", American Economic Review, 84, 889-904.
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    • Capozza, D.1    Li, Y.2
  • 10
    • 0035601750 scopus 로고    scopus 로고
    • "Residential Investment and Interest Rates: An Empirical Test of Development as a Real Option"
    • CAPOZZA, D. and LI, Y. (2001), "Residential Investment and Interest Rates: An Empirical Test of Development as a Real Option", Real Estate Economics, 29, 503-519.
    • (2001) Real Estate Economics , vol.29 , pp. 503-519
    • Capozza, D.1    Li, Y.2
  • 11
    • 0001347674 scopus 로고
    • "Business Fixed Investment Spending: A Critical Survey of Modelling Strategies, Empirical Results, and Policy Implications"
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  • 13
    • 33745841282 scopus 로고    scopus 로고
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    • COOPER, R. W. and HALTIWANGER, J. C. (2006), "On the Nature of Capital Adjustment Costs", Review of Economic Studies, 73 (3), 611-633.
    • (2006) Review of Economic Studies , vol.73 , Issue.3 , pp. 611-633
    • Cooper, R.W.1    Haltiwanger, J.C.2
  • 14
    • 0001168301 scopus 로고
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    • CUKIERMAN, A. (1980), "The Effects of Uncertainty on Investment Under Risk Neutrality with Endogenous Information", Journal of Political Economy, 88 (3), 462-475.
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  • 16
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  • 21
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    • Leahy, J.1    Whited, T.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.