Investment Dispersion and the Business Cycle
收藏NBER2011-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16861
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资源简介:
We document a new business cycle fact: the cross-sectional standard deviation of firm-level investment (investment dispersion) is robustly and significantly procyclical. This makes investment dispersion different from the dispersion of productivity and output growth, which is countercyclical.
提供机构:
美国国家经济研究局
创建时间:
2011-03-01



