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Published in 2018 at "Empirical Economics"
DOI: 10.1007/s00181-016-1211-4
Abstract: In this paper, we model the dynamics of business investment taking into account asset-specific characteristics potentially affecting the reactivity of aggregate and disaggregate capital accumulation over the business cycle. We estimate Information and Communication Technologies…
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Keywords:
investment;
short long;
model;
run heterogeneous ... See more keywords