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Diffusion Lags and Aggregate Fluctuations. New Name: Product Innovation and the Business Cycle.

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NBER1993-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4455
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资源简介:
This paper studies how random product innovations affect the time series properties of aggregates. It posits that recurring inventions of new intermediate goods differ in quality, and that their usage spreads gradually through the economy. It examines how fluctuations in per capita GNP are affected
提供机构:
美国国家经济研究局
创建时间:
1993-09-01
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