five

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

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NBER2019-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26210
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资源简介:
We document five novel facts about the role of search effort in forming trading relationships among firms by combining a variety of micro and macro datasets. These facts strongly suggest the presence of search complementarities. To study the implications of these facts for aggregate fluctuations, we
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2019-09-01
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