Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124294703> ?p ?o ?g. }
- W3124294703 endingPage "946" @default.
- W3124294703 startingPage "921" @default.
- W3124294703 abstract "This paper explores investment fluctuations due to discrete changes in a plant's capital stock. The resulting aggregate investment dynamics are surprisingly rich, reflecting the interaction between a replacement cycle, the cross-sectional distribution of the age of the capital stock, and an aggregate shock. Using plant-level data, lumpy investment is procyclical and more likely for older capital. Further, the predicted path of aggregate investment that neglects vintage effects tracks actual aggregate investment reasonably well. However, ignoring fluctuations in the cross-sectional distribution of investment vintages can yield predictable nontrivial errors in forecasting changes in aggregate investment. (JEL E22, E32)" @default.
- W3124294703 created "2021-02-01" @default.
- W3124294703 creator A5010043276 @default.
- W3124294703 creator A5010724274 @default.
- W3124294703 creator A5072133173 @default.
- W3124294703 date "1999-09-01" @default.
- W3124294703 modified "2023-10-12" @default.
- W3124294703 title "Machine Replacement and the Business Cycle: Lumps and Bumps" @default.
- W3124294703 cites W2004877180 @default.
- W3124294703 cites W2020666596 @default.
- W3124294703 cites W2059183841 @default.
- W3124294703 cites W2069597205 @default.
- W3124294703 cites W2104518402 @default.
- W3124294703 cites W2112496919 @default.
- W3124294703 cites W2123253124 @default.
- W3124294703 cites W2134263315 @default.
- W3124294703 cites W2169516465 @default.
- W3124294703 cites W3103685017 @default.
- W3124294703 cites W3125570292 @default.
- W3124294703 doi "https://doi.org/10.1257/aer.89.4.921" @default.
- W3124294703 hasPublicationYear "1999" @default.
- W3124294703 type Work @default.
- W3124294703 sameAs 3124294703 @default.
- W3124294703 citedByCount "370" @default.
- W3124294703 countsByYear W31242947032012 @default.
- W3124294703 countsByYear W31242947032013 @default.
- W3124294703 countsByYear W31242947032014 @default.
- W3124294703 countsByYear W31242947032015 @default.
- W3124294703 countsByYear W31242947032016 @default.
- W3124294703 countsByYear W31242947032017 @default.
- W3124294703 countsByYear W31242947032018 @default.
- W3124294703 countsByYear W31242947032019 @default.
- W3124294703 countsByYear W31242947032020 @default.
- W3124294703 countsByYear W31242947032021 @default.
- W3124294703 countsByYear W31242947032022 @default.
- W3124294703 countsByYear W31242947032023 @default.
- W3124294703 crossrefType "journal-article" @default.
- W3124294703 hasAuthorship W3124294703A5010043276 @default.
- W3124294703 hasAuthorship W3124294703A5010724274 @default.
- W3124294703 hasAuthorship W3124294703A5072133173 @default.
- W3124294703 hasBestOaLocation W31242947032 @default.
- W3124294703 hasConcept C120564339 @default.
- W3124294703 hasConcept C126322002 @default.
- W3124294703 hasConcept C127413603 @default.
- W3124294703 hasConcept C139719470 @default.
- W3124294703 hasConcept C149782125 @default.
- W3124294703 hasConcept C159985019 @default.
- W3124294703 hasConcept C162324750 @default.
- W3124294703 hasConcept C166957645 @default.
- W3124294703 hasConcept C175444787 @default.
- W3124294703 hasConcept C17744445 @default.
- W3124294703 hasConcept C181622380 @default.
- W3124294703 hasConcept C192562407 @default.
- W3124294703 hasConcept C199539241 @default.
- W3124294703 hasConcept C204036174 @default.
- W3124294703 hasConcept C27548731 @default.
- W3124294703 hasConcept C2781300812 @default.
- W3124294703 hasConcept C44750222 @default.
- W3124294703 hasConcept C4679612 @default.
- W3124294703 hasConcept C556758197 @default.
- W3124294703 hasConcept C58202505 @default.
- W3124294703 hasConcept C71924100 @default.
- W3124294703 hasConcept C78519656 @default.
- W3124294703 hasConcept C83646750 @default.
- W3124294703 hasConcept C83873408 @default.
- W3124294703 hasConcept C94625758 @default.
- W3124294703 hasConcept C95457728 @default.
- W3124294703 hasConceptScore W3124294703C120564339 @default.
- W3124294703 hasConceptScore W3124294703C126322002 @default.
- W3124294703 hasConceptScore W3124294703C127413603 @default.
- W3124294703 hasConceptScore W3124294703C139719470 @default.
- W3124294703 hasConceptScore W3124294703C149782125 @default.
- W3124294703 hasConceptScore W3124294703C159985019 @default.
- W3124294703 hasConceptScore W3124294703C162324750 @default.
- W3124294703 hasConceptScore W3124294703C166957645 @default.
- W3124294703 hasConceptScore W3124294703C175444787 @default.
- W3124294703 hasConceptScore W3124294703C17744445 @default.
- W3124294703 hasConceptScore W3124294703C181622380 @default.
- W3124294703 hasConceptScore W3124294703C192562407 @default.
- W3124294703 hasConceptScore W3124294703C199539241 @default.
- W3124294703 hasConceptScore W3124294703C204036174 @default.
- W3124294703 hasConceptScore W3124294703C27548731 @default.
- W3124294703 hasConceptScore W3124294703C2781300812 @default.
- W3124294703 hasConceptScore W3124294703C44750222 @default.
- W3124294703 hasConceptScore W3124294703C4679612 @default.
- W3124294703 hasConceptScore W3124294703C556758197 @default.
- W3124294703 hasConceptScore W3124294703C58202505 @default.
- W3124294703 hasConceptScore W3124294703C71924100 @default.
- W3124294703 hasConceptScore W3124294703C78519656 @default.
- W3124294703 hasConceptScore W3124294703C83646750 @default.
- W3124294703 hasConceptScore W3124294703C83873408 @default.
- W3124294703 hasConceptScore W3124294703C94625758 @default.
- W3124294703 hasConceptScore W3124294703C95457728 @default.
- W3124294703 hasIssue "4" @default.
- W3124294703 hasLocation W31242947031 @default.
- W3124294703 hasLocation W31242947032 @default.
- W3124294703 hasOpenAccess W3124294703 @default.
- W3124294703 hasPrimaryLocation W31242947031 @default.