Investment and uncertainty in machinery and real estate
Investment is usually treated as an homogeneous variable in the literature. The wide differences in the nature of inputs used in investment projects may lead to interesting insights that are not captured in the conventional approach. In this paper I decompose investment in machinery and industrial r...
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| Format: | Article |
| Language: | English |
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Fundação Getúlio Vargas
2008-09-01
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| Series: | Revista Brasileira de Economia |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402008000300003 |