Browsing by Author "0b11fbc5-e9b4-41a0-ab17-9fa802e2aa22"

Now showing items 1-2 of 2

    • Dynamic (S; s) Economies”, (with R. Caballero), 
      Caballero, Ricardo J.; Engel Goetz, Eduardo (The Econometric Society, 1991)
      In this paper we provide a framework to study the aggregate dynamic behavior of an economy where individual units follow (S, s) policies. We characterize structural and stochastic heterogeneities that ensure convergence ...
    • Plant-level adjustment and aggregate investment dynamics 
      Caballero, Ricardo J.; Engel Goetz, Eduardo; Haltiwanger, John (Brookings Press (USA), 1995)
      THE EMPIRICAL INVESTMENT literature is full of disappointments. From time to time waves of new ideas challenge the aggregate investment equation, but these challenges are rarely successful, and progress is, at best, ...