Flexibility, Investment, and Growth
收藏NBER1991-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3864
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资源简介：
This paper proposes a model of diversifiable uncertainty, irreversible investment decisions, and endogenous growth. The detailed microeconomic structure of the model makes it possible to study the general equilibrium effects of obstacles to labor mobility. Labor mobility costs reduce private returns
提供机构：
美国国家经济研究局
创建时间：
1991-10-01
