Time-to-Build and Cycles
收藏NBER1997-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/t0211
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资源简介：
We analyze the dynamics of a simple growth model in which production occurs with a delay while new capital is installed (time-to-build). The time-to-build technology is shown to yield a system of functional (delay) differential equations with a unique steady state. We demonstrate that the steady
提供机构：
美国国家经济研究局
创建时间：
1997-05-01
