Title of article
Aggregation and representative firm in the theory of investment
Author/Authors
Takashi Matsumoto، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
5
From page
327
To page
331
Abstract
A simple investment function that is a second-degree polynomial of a deviation from “desired capital stock” is capable of explaining a large part of aggregate investment. I demonstrate this by calibration of firm investment based on this model.
Keywords
Aggregate investment , Representative firm , Lumpiness of investment
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435306
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