Lumpy investment, lumpy inventories

Lumpy investment, lumpy inventories

The link between the microenvironment (frictions and heterogeneity) and the macroeconomic dynamics of general equilibrium macromodels is influenced by exactly how general equilibrium closes the model. We make this observation concrete using the recent literature on how nonconvex capital adjustment c...

Full description

Saved in:
Bibliographic Details
Main Authors: BACHMANN, Ruediger, MA, Lin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
Subjects:
general equilibrium
lumpy investment
inventories
heterogeneous firms
two-sector model
Finance
Industrial Organization
Online Access:https://ink.library.smu.edu.sg/soe_research/2504
https://ink.library.smu.edu.sg/context/soe_research/article/3503/viewcontent/bachmann_ma_current.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2504
https://ink.library.smu.edu.sg/context/soe_research/article/3503/viewcontent/bachmann_ma_current.pdf

Similar Items