Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S, s) Approach
From MaRDI portal
Publication:4799859
DOI10.1111/1468-0262.00053zbMath1043.91509OpenAlexW3121554642WikidataQ60729221 ScholiaQ60729221MaRDI QIDQ4799859
Ricardo J. Caballero, Eduardo M. R. A. Engel
Publication date: 26 October 2003
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1111/1468-0262.00053
Economic time series analysis (91B84) Production theory, theory of the firm (91B38) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)
Related Items
Model selection tests for nonlinear dynamic models, Accelerated depreciation, default risk and investment decisions, On the interaction of financial frictions and fixed capital adjustment costs: evidence from a panel of German firms, Monte Carlo evidence on the estimation method for industry dynamics, A \(Q\)-theory model with lumpy investment, Time-varying (S, s) band models: properties and interpretation, Investment flexibility as a barrier to entry, A corrected Clarke test for model selection and beyond, The Analytic Theory of a Monetary Shock, Capital reallocation and the cyclicality of aggregate productivity, Lumpy investment and expected stock returns, Optimal investment policy with fixed adjustment costs and complete irreversibility, The role of non-convex costs in firms' investment and financial dynamics, Optimal investment with lumpy costs, What inventories tell us about aggregate fluctuations -- a tractable approach to \((S,s)\) policies, Exit dynamics of start-up firms: structural estimation using indirect inference, Limited attention, interaction and the gradual adjustment of a firm's decisions, Irreversible investment with regime shifts, Statistical nonlinearities in the business cycle: a challenge for the canonical RBC model
