Towards a Theory of Firm Entry and Stabilization Policy
收藏NBER2005-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11821
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资源简介：
This paper studies the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where firms have to prepay a fixed cost of entry. The presence of endogenous entry
提供机构：
美国国家经济研究局
创建时间：
2005-12-01
