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| dc.contributor.author | Horra Ruiz, Luis Pablo de la | |
| dc.contributor.author | Perote Peña, Javier | |
| dc.contributor.author | Fuente Herrero, Gabriel de la | |
| dc.date.accessioned | 2022-03-16T10:32:33Z | |
| dc.date.available | 2022-03-16T10:32:33Z | |
| dc.date.issued | 2022 | |
| dc.identifier.citation | Economics Letters, 2022, vol. 214, 110413 | es |
| dc.identifier.issn | 0165-1765 | es |
| dc.identifier.uri | https://uvadoc.uva.es/handle/10324/52497 | |
| dc.description | Producción Científica | es |
| dc.description.abstract | This 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.mimetype | application/pdf | es |
| dc.language.iso | eng | es |
| dc.publisher | Elsevier | es |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | es |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
| dc.subject.classification | Monetary policy | es |
| dc.subject.classification | Política monetaria | es |
| dc.subject.classification | Research and development | es |
| dc.subject.classification | Investigación y desarrollo | es |
| dc.title | The impact of economic policy uncertainty and monetary policy on R&D investment: An option pricing approach | es |
| dc.type | info:eu-repo/semantics/article | es |
| dc.rights.holder | © 2022 The Authors | es |
| dc.identifier.doi | 10.1016/j.econlet.2022.110413 | es |
| dc.relation.publisherversion | https://www.sciencedirect.com/science/article/pii/S0165176522000787?via%3Dihub | es |
| dc.peerreviewed | SI | es |
| dc.description.project | Ministerio de Ciencia, Innovación y Universidades (project PID2020-114797GB-I00) | es |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internacional | * |
| dc.type.hasVersion | info:eu-repo/semantics/publishedVersion | es |
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