five

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
下载链接
链接失效反馈
官方服务:
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.
创建时间:
2011-03-01
二维码
社区交流群
二维码
科研交流群
商业服务