Inefficient Investment Waves
收藏NBER2012-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18217
下载链接
链接失效反馈官方服务：
资源简介：
We develop a dynamic model of trading and investment with limited aggregate resources to study investment cycles. Unverifiable idiosyncratic investment opportunities imply market prices to play a role of rent distribution, distorting private investment incentives from a social point of view. This
提供机构：
美国国家经济研究局
创建时间：
2012-07-01
