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its various socioeconomic dimensions concludes that nanotechnology is rightly viewed as a key innovation. It can be used …
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-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …
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-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …
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effect of time-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment …
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