Aggregate Dynamics in Lumpy Economies

DOI10.3982/ECTA17344zbMath1475.91188OpenAlexW3157390639MaRDI QIDQ5860139

Andrés Blanco, Isaac Baley

Publication date: 18 November 2021

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/ecta17344

zbMATH Keywords

sufficient statisticsinvestmenttransitional dynamicsstate-dependencetime-dependencelumpinessinactionnon-convex adjustment costs

Mathematics Subject Classification ID

Economic dynamics (91B55)

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