Uncertainty-Induced Reallocations and Growth
收藏数据链接：
官方服务：
资源简介：
Focusing on both micro and aggregate U.S. data, we show the existence of a significant link between aggregate uncertainty and reallocation of resources away from R&D-intensive capital. This link is important because a decrease in the aggregate share of R&D-oriented capital forecasts lower medium
提供机构：
美国国家经济研究局创建时间：
2019-09-01
