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Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model
16 references·16 citing·48 second hopsampled
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References

  • 2009The Impact of Uncertainty Shocks5,941 cited
  • 1998Numerical Methods in Economics2,587 cited
  • 1998Income and Wealth Heterogeneity in the Macroeconomy2,299 cited
  • 1986Finite state markov-chain approximations to univariate and vector autoregressions1,538 cited
  • 2006On the Nature of Capital Adjustment Costs1,166 cited
  • 2005Debt Dynamics774 cited
  • 1998Capital Adjustment Patterns in Manufacturing Plants706 cited
  • 1993Estimating nonlinear time-series models using simulated vector autoregressions686 cited
  • 1987Menu Costs and the Neutrality of Money672 cited
  • 1999Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S, s) Approach503 cited
  • 1997INCOME AND WEALTH HETEROGENEITY, PORTFOLIO CHOICE, AND EQUILIBRIUM ASSET RETURNS328 cited
  • 2008Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics299 cited
  • 2002Is Lumpy Investment Relevant for the Business Cycle?288 cited
  • 1993Microeconomic Adjustment Hazards and Aggregate Dynamics237 cited
  • 2002Plant-Level Irreversible Investment and Equilibrium Business Cycles182 cited

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1994
Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach
157 cited

Cited by

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  • 2011Uncertainty Business Cycles - Really?60 cited
  • 2016The Cross-Section of Firms Over the Business Cycle: New Facts and a DSGE Exploration59 cited
  • 2013Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation57 cited
  • 2012Lumpiness, capital adjustment costs and investment dynamics36 cited
  • 2013Investment Dynamics with Information Costs35 cited
  • 2024Tax Policy and Investment in a Global Economy31 cited
  • 2009Firm-Specific Productivity Risk Over the Business Cycle: Facts and Aggregate Implications29 cited
  • 2014Consumption Dynamics During Recessions26 cited
  • 2011Investment Dispersion and the Business Cycle25 cited
  • 2009Credit Constraints, Firms' Precautionary Investment, and the Business Cycle23 cited
  • 2012The business cycle implications of banksʼ maturity transformation22 cited
  • 2013Lumpy Investment in Sticky Information General Equilibrium20 cited
  • 2019Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy18 cited
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