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Entry, Exit, Embodied Technology, and Business Cycles

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NBER1997-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5955
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This paper studies the entry and exit of U.S. manufacturing plants over the business cycle and compares the results with those from a vintage capital model augmented to reproduce observed features of the plant life cycle. Looking at the entry and exit of plants provides new evidence supporting the
创建时间:
1997-03-01
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