Business Cycles, Investment Shocks, and the "Barro-King" Curse
收藏NBER2016-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22941
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资源简介：
Recent empirical evidence identifies investment shocks as key driving forces behind business cycle fluctuations. However, existing New Keynesian models emphasizing these shocks counterfactually imply a negative unconditional correlation between consumption growth and investment growth, a weak
提供机构：
美国国家经济研究局
创建时间：
2016-12-01
