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Industry Dynamics: Foundations For Models with an Infinite Number of Firms

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NBER2010-08-01 更新2025-01-04 收录
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This paper explores the connection between three important threads of economic research offering different approaches to studying the dynamics of an industry with heterogeneous firms. Finite models of the form pioneered by Ericson and Pakes (1995) capture the dynamics of a finite number of

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2010-08-01
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