Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence
收藏NBER2016-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22005
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资源简介：
We examine the hypothesis that the slowdown in productivity following the Great Recession was in significant part an endogenous response to the contraction in demand that induced the downturn. We first present some panel data evidence that technology diffusion is highly cyclical. We then develop and
提供机构：
美国国家经济研究局
创建时间：
2016-02-01
