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Dynamics of Consumer Demand for New Durable Goods

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NBER2009-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14737
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资源简介:
Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations, and
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2009-02-01
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