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Adjustment is much slower than you think
Caballero, Ricardo J.; Engel, Eduardo - 2003
holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10011609531
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Adjustment is much slower than you think
Caballero, Ricardo J. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002114575
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Adjustment is much slower than you think
Caballero, Ricardo J.; Engel, Eduardo - 2003
Persistent link: https://www.econbiz.de/10001784947
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Adjustment is much slower than you think
Caballero, Ricardo J.; Engel, Eduardo - 2003
Persistent link: https://www.econbiz.de/10001794023
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Adjustment is much slower than you think
Caballero, Ricardo J.; Engel, Eduardo - 2003
Persistent link: https://www.econbiz.de/10001796262
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Adjustment Is Much Slower Than You Think
Caballero, Ricardo J.; Engel, Eduardo M.R.A. - 2003
holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10010369179
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How high are the giants' shoulders : an empirical assessment of knowledge spillovers and creative destruction in a model of economic growth
Caballero, Ricardo J.; Jaffe, Adam B. - 1993
Persistent link: https://www.econbiz.de/10000867611
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How high are the giants' shoulders : an empirical assessment of knowledge spillovers and creative destruction in a model of economic growth
Caballero, Ricardo J. - In: NBER macroeconomics annual (1993), pp. 15-74
Persistent link: https://www.econbiz.de/10001201227
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How High are the Giants' Shoulders : An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth
Caballero, Ricardo J. - 1993
The pace of industrial innovation and growth is shaped by many forces that interact in complicated ways. Profit-maximizing firms pursue new ideas to obtain market power, but the pursuit of the same goal by other means that even successful inventions art eventually superseded by others; this...
Persistent link: https://www.econbiz.de/10012474586
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How High are the Giants' Shoulders : An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth
Caballero, Ricardo J.; Jaffe, Adam B. - 2012
The pace of industrial innovation and growth is shaped by many forces that interact in complicated ways. Profit-maximizing firms pursue new ideas to obtain market power, but the pursuit of the same goal by other means that even successful inventions art eventually superseded by others; this...
Persistent link: https://www.econbiz.de/10014087201