Growth, Slowdowns, and Recoveries
收藏NBER2014-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20725
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资源简介：
We construct and estimate an endogenous growth model with debt and equity financing frictions to understand the relation between business cycle fluctuations and long-term growth. The presence of spillover effects from R&D imply an endogenous relation between productivity growth and the state of the
提供机构：
美国国家经济研究局
创建时间：
2014-12-01
