2020 Klein Lecture—Investment and Subjective Uncertainty

A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers’ subjective uncertainty. We address this challenge by using a detailed survey measure of uncertainty collected by the U.S. Census Bureau for approximately 25,000 manufacturing plants. We...

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Bibliographic Details
Published in:International economic review (Philadelphia) 2024-11, Vol.65 (4), p.1591-1606
Main Authors: Bloom, Nicholas, Davis, Steven J., Foster, Lucia, Ohlmacher, Scott, Saporta‐Eksten, Itay
Format: Article
Language:English
Subjects:
Censuses
Employment
Investments
Subjectivity
Temporary employment
Uncertainty
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