Lumpy Investment, Lumpy Inventories
收藏NBER2012-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17924
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资源简介：
How do microeconomic frictions and microeconomic heterogeneity affect macroeconomic dynamics? We revisit the recent claim in the literature that nonconvex capital adjustment costs do not matter for aggregate dynamics. We argue that the neutrality of fixed adjustment frictions in general equilibrium
提供机构：
美国国家经济研究局
创建时间：
2012-03-01
