Similar Search Results

The Granular Origins of Aggregate Fluctuations

Gabaix, Xavier - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005051395

Imbs, Jean; Jondeau, Eric; Pelgrin, Florian - Society for Economic Dynamics - SED - 2006

importantly, our analytics provide a toolkit with which to gauge the magnitude and direction of an aggregation bias on the basis …

Persistent link: https://www.econbiz.de/10005069291

Keeping Up with the Joneses: Evidence from Micro Data

Ravina, Enrichetta - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005069405

Why Do Firms Hold Inventories?

Christiano, Lawrence J. - Society for Economic Dynamics - SED - 2004

deviation of output at the finest (4-6 digit SIC codes) level of aggregation lies in the range of 8 to 20 percent; and ii) the …

Persistent link: https://www.econbiz.de/10005069515

Lumpy Investment, Sectoral Propagation, and Business Cycles

Nirei, Makoto - Society for Economic Dynamics - SED - 2004

This paper proposes a model of endogenous fluctuations in investment. A monopolistic producer has an incentive to invest when the aggregate demand is high. This causes a propagation of investment across sectors. When the investment follows an (S,s) policy, the propagation size can exhibit a...

Persistent link: https://www.econbiz.de/10005027253