Aggregate Job Destruction and Inventory Liquidation
收藏NBER1999-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6912
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资源简介:
In a recession, jobs are destroyed and inventories are liquidated. I concentrate on the intertemporal mechanisms that result in economy-wide job destruction and inventory runoffs. Forces that raise the real interest rate -- especially temporarily -- also cause destruction and runoffs. I consider a
提供机构:
美国国家经济研究局
创建时间:
1999-01-01



