Factor Hoarding and the Propagation of Business Cycles Shocks
收藏NBER1994-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4675
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资源简介：
This paper analyzes the role of variable capital utilization rates in propagating shocks over the business cycle. To this end we formulate and estimate an equilibrium business cycle model in which cyclical capital utilization rates are viewed as a form of factor hoarding. We find that variable
提供机构：
美国国家经济研究局
创建时间：
1994-03-01
