Investment, Capacity, and Uncertainty: A Putty-Clay Approach
收藏NBER2004-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10446
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资源简介：
We embed the microeconomic decisions associated with investment under uncertainty, capacity utilization, and machine replacement in a general equilibrium model based on putty-clay technology. In the presence of irreversible factor proportions, a mean-preserving spread in the productivity of
提供机构：
美国国家经济研究局
创建时间：
2004-04-01
