Macroeconomic uncertainty and private investment

Joshua Aizenman, Nancy P. Marion, Nancy P. Marion

Research output: Contribution to journalArticlepeer-review

56 Scopus citations

Abstract

This paper provides empirical support for a link between macroeconomic uncertainty and private investment in developing countries. Cross-section regressions with constructed measures of uncertainty confirm that for developing countries uncertainty is negatively correlated with private investment.

Original languageEnglish
Pages (from-to)207-210
Number of pages4
JournalEconomics Letters
Volume41
Issue number2
DOIs
StatePublished - 1 Jan 1993
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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