Endogenous Entry, Product Variety, and Business Cycles
收藏NBER2007-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13646
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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
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美国国家经济研究局创建时间：
2007-11-01
