Showing 1 - 10 of 164
Persistent link: https://www.econbiz.de/10000602118
Persistent link: https://www.econbiz.de/10001408205
Persistent link: https://www.econbiz.de/10013422292
Persistent link: https://www.econbiz.de/10011577984
Persistent link: https://www.econbiz.de/10011776554
Persistent link: https://www.econbiz.de/10001392912
-2000 sample, the initial response of investment to a productivity shock with responses in the top quartile is 60% higher than the … shock. Conversely, a slowdown after a boom can lead to a long lasting investment slump, which is unresponsive to policy … smoothing in the investment response to aggregate shocks. The remaining 40% is explained by general equilibrium forces. The …
Persistent link: https://www.econbiz.de/10014057432
Persistent link: https://www.econbiz.de/10013424578
Persistent link: https://www.econbiz.de/10010236537
The sensitivity of U.S. aggregate investment to shocks is procyclical: the initial response increases by approximately … counterexample to the claim that microeconomic investment lumpiness is inconsequential for macroeconomic analysis …
Persistent link: https://www.econbiz.de/10012761267