News About News: Information Arrival and Irreversible Investment
收藏NBER1999-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/t0244
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资源简介：
We analyze how uncertainty about when information about future returns to a project may be revealed affects investment. While 'good news' about future returns boosts investment, 'good news about news' (that is news that information may arrive sooner) is shown to depress investment. We show that
提供机构：
美国国家经济研究局
创建时间：
1999-08-01
