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dc.contributor.authorHorra Ruiz, Luis Pablo de la 
dc.contributor.authorPerote Peña, Javier
dc.contributor.authorFuente Herrero, Gabriel de la 
dc.date.accessioned2022-03-16T10:32:33Z
dc.date.available2022-03-16T10:32:33Z
dc.date.issued2022
dc.identifier.citationEconomics Letters, 2022, vol. 214, 110413es
dc.identifier.issn0165-1765es
dc.identifier.urihttps://uvadoc.uva.es/handle/10324/52497
dc.descriptionProducción Científicaes
dc.description.abstractThis paper adopts a real options approach to investigate the effects of economic policy uncertainty (EPU) and monetary policy on R&D investment. Using a panel of U.S. firms over the period 2000-2019, we show that higher (lower) EPU and contractionary (expansionary) monetary policy exert a positive (negative) and significant influence on R&D investment. Our findings shed light on the counter-intuitive behavior of R&D investments, which may help policymakers to anticipate such collateral effects.es
dc.format.mimetypeapplication/pdfes
dc.language.isoenges
dc.publisherElsevieres
dc.rights.accessRightsinfo:eu-repo/semantics/openAccesses
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subject.classificationMonetary policyes
dc.subject.classificationPolítica monetariaes
dc.subject.classificationResearch and developmentes
dc.subject.classificationInvestigación y desarrolloes
dc.titleThe impact of economic policy uncertainty and monetary policy on R&D investment: An option pricing approaches
dc.typeinfo:eu-repo/semantics/articlees
dc.rights.holder© 2022 The Authorses
dc.identifier.doi10.1016/j.econlet.2022.110413es
dc.relation.publisherversionhttps://www.sciencedirect.com/science/article/pii/S0165176522000787?via%3Dihubes
dc.peerreviewedSIes
dc.description.projectMinisterio de Ciencia, Innovación y Universidades (project PID2020-114797GB-I00)es
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internacional*
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersiones


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