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Financial Factors in Business Fluctuations

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NBER1988-11-01 更新2025-01-04 收录
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Recent research in macroeconomics -- both theoretical and empirical -- has resurrected the idea that capital market imperfections may be significant factors in business volatility by making new progress in characterizing the mechanisms. This paper outlines a case for a financial aspect to business

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1988-11-01
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