Capital Reallocation and the Cyclicality of Aggregate Productivity
收藏NBER2013-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19715
下载链接
链接失效反馈官方服务：
资源简介：
A large part of the existing stock of capital is frequently reallocated between firms. This capital reallocation is procyclical and leads to variations in measured aggregate productivity. In this paper we ask how much of the cyclical variation in measured productivity is the consequence of capital
提供机构：
美国国家经济研究局创建时间：
2013-12-01
