Endogenous Entry, Product Variety, and Business Cycles
收藏NBER2007-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13646
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资源简介：
This paper builds a framework for the analysis of macroeconomic fluctuations that incorporates the endogenous determination of the number of producers over the business cycle. Economic expansions induce higher entry rates by prospective entrants subject to irreversible investment costs. The sluggish
提供机构：
美国国家经济研究局
创建时间：
2007-11-01
