Land-price dynamics and macroeconomic fluctuations
收藏NBER2011-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17045
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资源简介：
We argue that positive co-movements between land prices and business investment are a driving force behind the broad impact of land-price dynamics on the macroeconomy. We develop an economic mechanism that captures the co-movements by incorporating two key features into a DSGE model: We introduce
提供机构：
美国国家经济研究局
创建时间：
2011-05-01
