Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application
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下载链接：
https://www.nber.org/papers/w15675
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资源简介：
This paper studies capital adjustment at the establishment level. Our goal is to characterize capital adjustment costs, which are important for understanding both the dynamics of aggregate investment and the impact of various policies on capital accu- mulation. Our estimation strategy searches for
提供机构：
美国国家经济研究局
创建时间：
2010-01-01
