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A Theory of Lumpy Innovation and Aggregate Dynamics *

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A Q-theory model with lumpy investment
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The pre-Great Recession slowdown in productivity
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Endogenous growth, firm heterogeneity and the long-run impact of financial crises
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Cash holdings and R&D smoothing
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Volatility and growth: Credit constraints and the composition of investment
inferredcites →https://doi.org/10.1016/j.jmoneco.2013.08.003openalex-extracted
Lumpy investment and the monetary transmission mechanism
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Has U.S. monetary policy tracked the efficient interest rate?
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Growth, slowdowns, and recoveries
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A model of slow recoveries from financial crises
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Bubbly firm dynamics and aggregate fluctuations
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Income and Wealth Heterogeneity in the Macroeconomy
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Endogenous Technological Change
inferredcites →https://doi.org/10.1086/422563openalex-extracted
Innovating Firms and Aggregate Innovation
inferredcites →https://doi.org/10.1086/665825openalex-extracted
Endogenous Entry, Product Variety, and Business Cycles
inferredcites →https://doi.org/10.1086/690241openalex-extracted
Macrofinancial History and the New Business Cycle Facts
inferredcites →https://doi.org/10.1086/697901openalex-extracted
Growth through Heterogeneous Innovations
inferredcites →https://doi.org/10.1093/jeea/jvac008openalex-extracted
Term Structure, Forecast Revision and the Signaling Channel of Monetary Policy
inferredcites →https://doi.org/10.1093/jeea/jvad009openalex-extracted
Monetary Policy, Corporate Finance, and Investment
inferredcites →https://doi.org/10.1093/jeea/jvag042openalex-extracted
Striking While the Iron is Cold: Fragility after a Surge of Lumpy Investments
inferredcites →https://doi.org/10.1093/oep/gpy065openalex-extracted
Volatility and growth: a not so straightforward relationship
inferredcites →https://doi.org/10.1093/qje/qjw040openalex-extracted
Technological Innovation, Resource Allocation, and Growth*
inferredcites →https://doi.org/10.1093/restud/rdx063openalex-extracted
Stagnation Traps
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The New Keynesian Transmission Mechanism: A Heterogeneous-Agent Perspective
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Growing Through Cycles
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Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S, s) Approach
inferredcites →https://doi.org/10.1111/1468-2362.00021openalex-extracted
Inflation, Volatility and Growth
inferredcites →https://doi.org/10.1111/j.1467-937x.2006.00389.xopenalex-extracted
On the Nature of Capital Adjustment Costs
inferredcites →https://doi.org/10.1111/j.1467-937x.2010.00700.xopenalex-extracted
Labour-Market Matching with Precautionary Savings and Aggregate Fluctuations
inferredcites →https://doi.org/10.1111/j.1468-0262.2008.00837.xopenalex-extracted
Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics
inferredcites →https://doi.org/10.1111/jofi.12241openalex-extracted
Innovation, Growth, and Asset Prices
inferredcites →https://doi.org/10.1146/annurev-economics-080217-053425openalex-extracted
The Cyclical Job Ladder
inferredcites →https://doi.org/10.1162/qjec.2009.124.4.1403openalex-extracted
Misallocation and Manufacturing TFP in China and India *
inferredcites →https://doi.org/10.1162/rest_a_00076openalex-extracted
On the Cyclicality of R&D
inferredcites →https://doi.org/10.1162/rest_a_00412openalex-extracted
An Empirical Examination of the Procyclicality of R&D Investment and Innovation
inferredcites →https://doi.org/10.1257/aer.100.3.691openalex-extracted
Product Creation and Destruction: Evidence and Price Implications
inferredcites →https://doi.org/10.1257/aer.102.1.131openalex-extracted
The Environment and Directed Technical Change
inferredcites →https://doi.org/10.1257/aer.20130470openalex-extracted
Innovation, Reallocation, and Growth
inferredcites →https://doi.org/10.1257/aer.20160042openalex-extracted
Monetary Policy According to HANK
inferredcites →https://doi.org/10.1257/aer.20160137openalex-extracted
Monetary Policy and the Redistribution Channel
inferredcites →https://doi.org/10.1257/aer.20161723openalex-extracted
Lumpy Investment, Business Cycles, and Stimulus Policy
inferredcites →https://doi.org/10.1257/aer.20171742openalex-extracted
Knowledge Spillovers and Corporate Investment in Scientific Research
inferredcites →https://doi.org/10.1257/aer.20180338openalex-extracted
Are Ideas Getting Harder to Find?
inferredcites →https://doi.org/10.1257/aer.20191758openalex-extracted
Notching R&D Investment with Corporate Income Tax Cuts in China
inferredcites →https://doi.org/10.1257/aer.96.3.523openalex-extracted
Medium-Term Business Cycles
inferredcites →https://doi.org/10.1257/aer.97.2.250openalex-extracted
Uncertainty and the Dynamics of R&D
inferredcites →https://doi.org/10.1257/aer.97.4.1131openalex-extracted
On the Cyclicality of Research and Development
inferredcites →https://doi.org/10.1257/aer.98.3.604openalex-extracted
The Time-Varying Volatility of Macroeconomic Fluctuations
inferredcites →https://doi.org/10.1257/mac.5.4.29openalex-extracted
Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model
inferredcites →https://doi.org/10.17016/ifdp.2016.1167openalex-extracted
Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy
inferredcites →https://doi.org/10.2139/ssrn.1668575openalex-extracted
The Environment and Directed Technical Change
inferredcites →https://doi.org/10.2139/ssrn.3279254openalex-extracted
Measuring Technological Innovation over the Long Run
inferredcites →https://doi.org/10.2139/ssrn.4307681openalex-extracted
Monetary Policy, Firm Heterogeneity, and the Distribution of Investment Rates
inferredcites →https://doi.org/10.2307/2534611openalex-extracted
Plant-Level Adjustment and Aggregate Investment Dynamics
inferredcites →https://doi.org/10.2307/2951599openalex-extracted
A Model of Growth Through Creative Destruction
inferredcites →https://doi.org/10.24148/wp2012-19openalex-extracted
A Quarterly, Utilization-Adjusted Series on Total Factor Productivity
inferredcites →https://doi.org/10.24148/wp2024-30openalex-extracted
Corporate Debt Maturity Matters for Monetary Policy
inferredcites →https://doi.org/10.3386/w15029openalex-extracted
Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations
inferredcites →https://doi.org/10.3386/w20185openalex-extracted
Long-Term Damage from the Great Recession in OECD Countries
inferredcites →https://doi.org/10.3386/w28258openalex-extracted
Supply Shocks in a Heterogeneous-Firm New Keynesian Model: The Entry Multiplier
inferredcites →https://doi.org/10.3386/w3301openalex-extracted
Patent Statistics as Economic Indicators: A Survey
inferredcites →https://doi.org/10.3386/w4887openalex-extracted
Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach
inferredcites →https://doi.org/10.3386/w4959openalex-extracted
Cross-Country Evidence on the Link Between Volatility and Growth
inferredcites →https://doi.org/10.3982/ecta11574openalex-extracted
The Role of Automatic Stabilizers in the U.S. Business Cycle
inferredcites →https://doi.org/10.3982/ecta13601openalex-extracted
Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk
inferredcites →https://doi.org/10.3982/ecta15949openalex-extracted
Financial Heterogeneity and the Investment Channel of Monetary Policy
inferredcites →https://doi.org/10.3982/ecta17344openalex-extracted
Aggregate Dynamics in Lumpy Economies
inferredcites →https://doi.org/10.3982/qe702openalex-extracted
Financial frictions, trends, and the great recession
inferredcites →https://doi.org/10.4337/ejeep.2014.02.02openalex-extracted
Long-term damage from the Great Recession in OECD countries
inferredcites →https://doi.org/10.2139/ssrn.3462318openalex-snapshot
Aggregate Dynamics in Lumpy Economies
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