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The Dynamic Demand for Capital and Labor

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NBER1986-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1899
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A model of the dynamically interrelated demand for capital and labor is specified and estimated. The estimates are of the first-order conditions of the firm's problem rather than of the closed-form decision rules. This use of the first-order conditions allows a random rate of return and a flexible
创建时间:
1986-04-01
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