The Efficiency of Investment in the Presence of Aggregate Demand Spillovers
收藏NBER1987-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2297
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资源简介:
In the presence of aggregate demand spillovers, an imperfectly competitive firm's profit is positively related to aggregate income, which in turn rises with profits of all firms in the economy. This pecuniary externality makes a dollar of a firm's profit raise aggregate income by more than a dollar,
提供机构:
美国国家经济研究局
创建时间:
1987-06-01



