Machine Replacement and the Business Cycle: Lumps and Bumps
收藏NBER1995-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5260
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资源简介：
This paper explores cyclical fluctuations in investment due to discrete changes in the plant's stock of capital. To do so, we focus on a machine replacement problem in which a producer decides whether to replace its entire existing stock of capital with new machinery and equipment. This decision is
提供机构：
美国国家经济研究局
创建时间：
1995-09-01
