When does lumpy factor adjustment matter for aggregate dynamics?
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More about this item
Keywords
business cycles; Elasticity of; Lumpy investment; Lumpy labor adjustment;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2009-08-08 (Business Economics)
- NEP-DGE-2009-03-28 (Dynamic General Equilibrium)
- NEP-DGE-2009-08-08 (Dynamic General Equilibrium)
- NEP-MAC-2009-03-28 (Macroeconomics)
- NEP-MAC-2009-08-08 (Macroeconomics)
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