Lumpy investment and variable capacity utilization: firm-level and macroeconomic implications
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More about this item
Keywords
lumpy investment; adjustment costs; reserve capacity; utilization; business cycles;JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2015-10-17 (All new papers)
- NEP-DGE-2015-10-17 (Dynamic General Equilibrium)
- NEP-MAC-2015-10-17 (Macroeconomics)
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