create a website

Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model. (2010). Engel, Eduardo ; Caballero, Ricardo ; Bachmann, Ruediger.
In: Cowles Foundation Discussion Papers.
RePEc:cwl:cwldpp:1566-r.

Full description at Econpapers || Download paper

Cited: 19

Citations received by this document

Cites: 19

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. The Asymmetric Cyclical Behavior of the U.S. Labor Market. (2014). Ferraro, Domenico.
    In: 2014 Meeting Papers.
    RePEc:red:sed014:1104.

    Full description at Econpapers || Download paper

  2. Volatility and Pass-through. (2013). Vavra, Joseph ; Berger, David.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:19651.

    Full description at Econpapers || Download paper

  3. Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments. (2013). bloom, nicholas ; Baker, Scott.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:19475.

    Full description at Econpapers || Download paper

  4. Does uncertainty reduce growth? Using disasters as natural experiments. (2013). bloom, nicholas ; Baker, Scott.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:121906.

    Full description at Econpapers || Download paper

  5. Credit constraints, firms precautionary investment and the business cycle. (2012). Perezorive, Ander.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1237.

    Full description at Econpapers || Download paper

  6. Time-Varying Oil Price Volatility and Macroeconomic Aggregates. (2012). Traum, Nora ; Plante, Michael.
    In: 2012 Meeting Papers.
    RePEc:red:sed012:455.

    Full description at Econpapers || Download paper

  7. Time-Varying Oil Price Volatility and Macroeconomic Aggregates. (2012). Traum, Nora ; Plante, Michael.
    In: CAEPR Working Papers.
    RePEc:inu:caeprp:2012002.

    Full description at Econpapers || Download paper

  8. Lumpiness, capital adjustment costs and investment dynamics. (2012). Fiori, Giuseppe.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:59:y:2012:i:4:p:381-392.

    Full description at Econpapers || Download paper

  9. Detecting Propagation Effects by Observing Aggregate Distributions: The Case of Lumpy Investments. (2011). Nirei, Makoto ; Guiso, Luigi ; Lai, Chaoqun.
    In: Economics Working Papers.
    RePEc:eui:euiwps:eco2011/25.

    Full description at Econpapers || Download paper

  10. Detecting Propagation Effects by Observing Aggregate Distributions: The Case of Lumpy Investments. (2011). Guiso, Luigi ; Mirei, Makoto ; Lai, Chaoqun.
    In: EIEF Working Papers Series.
    RePEc:eie:wpaper:1112.

    Full description at Econpapers || Download paper

  11. Plant-level nonconvex output adjustment and aggregate fluctuations. (2011). Sustek, Roman.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:58:y:2011:i:4:p:400-414.

    Full description at Econpapers || Download paper

  12. The cross-section of firms over the business cycle: new facts and a DSGE exploration. (2009). Bachmann, Ruediger ; Bayer, Christian.
    In: Discussion Paper Series 1: Economic Studies.
    RePEc:zbw:bubdp1:200917.

    Full description at Econpapers || Download paper

  13. Firm-specific productivity risk over the business cycle: facts and aggregate implications. (2009). Bachmann, Ruediger ; Bayer, Christian.
    In: Discussion Paper Series 1: Economic Studies.
    RePEc:zbw:bubdp1:200915.

    Full description at Econpapers || Download paper

  14. Does Lumy Investment Matter for Business Cycles?. (2009). Wang, Pengfei ; Miao, Jianjun.
    In: MPRA Paper.
    RePEc:pra:mprapa:14977.

    Full description at Econpapers || Download paper

  15. Firm-Specific Productivity Risk over the Business Cycle: Facts and Aggregate Implications. (2009). Bachmann, Ruediger ; Bayer, Christian.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2844.

    Full description at Econpapers || Download paper

  16. The Cross-section of Firms over the Business Cycle: New Facts and a DSGE Exploration. (2009). Bachmann, Ruediger ; Bayer, Christian.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2810.

    Full description at Econpapers || Download paper

  17. Fixed Costs and Long-Lived Investments. (2008). House, Christopher.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14402.

    Full description at Econpapers || Download paper

  18. Lumpy Investment and Corporate Tax Policy. (2001). Wang, Pengfei ; Miao, Jianjun.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2009-016.

    Full description at Econpapers || Download paper

  19. Does Lumpy Investment Matter for Business Cycles?. (2000). Wang, Pengfei ; Miao, Jianjun.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2010-002.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. [101 Gourio, F. and A.K. Kashyap, (2007). Investment spikes: New facts and a general equilibrium exploration, Journal of Monetary Economics, 54, 2007, 1-22

  2. [11 Abel, A. and J. Eberly (2002). Investment and q with Fixed Costs: An Empirical Analysis, mimeo.
    Paper not yet in RePEc: Add citation now

  3. [121 Judd, K. (1998). Numerical Methods in Economics. MIT Press: Cambridge, Mass.

  4. [131 Khan, A. and J. Thomas, (2003). Nonconvex Factor Adjustments in Equilibrium Business Cycle Models: Do Nonlinearities Matter?, Journal of Monetary Economics, March 2003, 50(2), 33 1-360.

  5. [141 Khan, A. and J. Thomas, (2008). Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics, Econometrica, 76(2), March 2008, 395-436. 30

  6. [151 Krusell, P. and A. Smith (1997). Income and Wealth Heterogeneity, Portfolio Choice and Equilibrium Asset Returns. Macroeconomic Dynamics 1, 387-422.

  7. [161 Krusell, P. and A. Smith (1998). Income and Wealth Heterogeneity in the Macroeconomy, I. of Political Economy, 106 (5), 867-896.

  8. [171 McGrattan, E. R. and J. A. Schmitz (1999). Maintenance and Repair: Too Big to Ignore, Federal Reserve Bank of Minneapolis Quarterly Review, 23(4), 2-13.

  9. [181 Tauchen, G. (1986). Finite State Markov-Chain Approximations To Univariate and Vector Autoregressions. Economics Letters 20, 177-181.

  10. [191 Thomas, J.K. (2002). Is Lumpy Investment Relevant for the Business Cycle?, Journal of Political Economy, 110(3), 2002, 508-534.

  11. [201 Veracierto, M., (2002). Plant Level Irreversible Investment and Equilibrium Business Cycles, American Economic Review, 92 (1), March 2002, 181-197. 31 A Parameter Appendix The following

  12. [21 Bloom, N. (2007). The Impact of Uncertainty Shocks, NBER-WP 13385.

  13. [31 Caballero, R. and E. Engel (1993a). Microeconomic Adjustment Hazards and Aggregate Dynamics, Quarterly Journal of Economics, 108 (2), 359-383.

  14. [41 Caballero, R. and E. Engel (1993b). Microeconomic Rigidities and Aggregate Price Dynamics , European EconomicReview, 37 (4), 697-711.

  15. [51 Caballero, R. and E. Engel (1999). Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach, Econometrica, July 1999, 67(4), 741-782.

  16. [61 Caballero, R. and E. Engel (2007). Price Stickiness in Ss Models: New Interpretations of Old Results, J. of Monetary Economics, 54, 100-12 1.

  17. [71 Caplin, A. and D. Spulber (1987). Menu Costs and the Neutrality of Money, Quarterly Journal of Economics, 102, 703-26.

  18. [81 Cooper, R. andJ. Haltiwanger (2006). On The Nature of CapitalAdjustment Costs,, Review of Economic Studies, 2006, 73, 61 1U-633

  19. [91 Doms, M. and T. Dunne (1998). Capital Adjustment Patterns in Manufacturing Plants, Review of Economic Dynamics, 1, 1998, 409-429.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Empirical Estimation of the Propagation of Investment Spikes over the Production Network. (2024). Nirei, Makoto ; Makoto, Nirei.
    In: Discussion papers.
    RePEc:eti:dpaper:24029.

    Full description at Econpapers || Download paper

  2. Striking While the Iron Is Cold: Fragility after a Surge of Lumpy Investments. (2022). Lee, Hanbaek.
    In: MPRA Paper.
    RePEc:pra:mprapa:115872.

    Full description at Econpapers || Download paper

  3. Delayed Adjustment and Persistence in Macroeconomic Models. (2020). Vukotic, Marija ; van Rens, Thijs.
    In: The Warwick Economics Research Paper Series (TWERPS).
    RePEc:wrk:warwec:1245.

    Full description at Econpapers || Download paper

  4. Has the Financial Crisis Undermined Credit Reallocation in the United Kingdom?. (2020). Roland, Isabelle ; Mead, Daniel.
    In: CEP Industrial Strategy.
    RePEc:cep:cepisp:08.

    Full description at Econpapers || Download paper

  5. Credit Reallocation, Deleveraging, and Financial Crises. (2019). Minetti, Raoul ; Hyun, Junghwan.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:51:y:2019:i:7:p:1889-1921.

    Full description at Econpapers || Download paper

  6. Aggregate dynamics in lumpy economies. (2019). Baley, Isaac ; Blanco, Andres.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1670.

    Full description at Econpapers || Download paper

  7. Firm-level Irreversibility. (2019). Zhang, Lu ; Li, Xuenan ; Bai, Hang ; Xue, Chen.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:26372.

    Full description at Econpapers || Download paper

  8. Fixed adjustment costs and aggregate fluctuations. (2019). Elsby, Michael ; Michaels, Ryan.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:101:y:2019:i:c:p:128-147.

    Full description at Econpapers || Download paper

  9. Corporate Tax Policy and Long-Run Capital Formation: The Role of Irreversibility and Fixed Costs. (2019). Miao, Jianjun.
    In: Annals of Economics and Finance.
    RePEc:cuf:journl:y:2019:v:20:i:1:miao.

    Full description at Econpapers || Download paper

  10. Aggregate Dynamics in Lumpy Economies. (2019). Baley, Isaac ; Blanco, Andres.
    In: Working Papers.
    RePEc:bge:wpaper:1116.

    Full description at Econpapers || Download paper

  11. Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data. (2018). Vincent, Nicolas ; Kehrig, Matthias.
    In: 2018 Meeting Papers.
    RePEc:red:sed018:233.

    Full description at Econpapers || Download paper

  12. Firm-level investment spikes and aggregate investment over the Great Recession. (2018). Pope, Thomas ; Disney, Richard ; Miller, Helen.
    In: IFS Working Papers.
    RePEc:ifs:ifsewp:18/03.

    Full description at Econpapers || Download paper

  13. Alternative Methods for Solving Heterogeneous Firm Models. (2017). Terry, Stephen.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:49:y:2017:i:6:p:1081-1111.

    Full description at Econpapers || Download paper

  14. EMPLOYMENT ADJUSTMENT AND LABOR UTILIZATION. (2017). Trapeznikova, Ija.
    In: International Economic Review.
    RePEc:wly:iecrev:v:58:y:2017:i::p:889-922.

    Full description at Econpapers || Download paper

  15. An Empirical Study of Interaction-Based Aggregate Investment Fluctuations. (2017). Nirei, Makoto ; Guiso, Luigi ; Lai, Chaoqun.
    In: The Japanese Economic Review.
    RePEc:spr:jecrev:v:68:y:2017:i:2:d:10.1111_jere.12088.

    Full description at Econpapers || Download paper

  16. Aggregate implications of lumpy investment under heterogeneity and uncertainty: a model of collective behavior. (2017). Murakami, Hiroki ; Kimura, Yosuke ; Arata, Yoshiyuki.
    In: Evolutionary and Institutional Economics Review.
    RePEc:spr:eaiere:v:14:y:2017:i:2:d:10.1007_s40844-017-0074-5.

    Full description at Econpapers || Download paper

  17. Financing Lumpy Adjustment. (2017). Tsoukalas, John ; Sakellaris, Plutarchos ; Görtz, Christoph ; Gortz, Christoph.
    In: Working Papers.
    RePEc:gla:glaewp:2017_06.

    Full description at Econpapers || Download paper

  18. Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Planet-Level Data. (2017). Vincent, Nicolas ; Kehrig, Matthias.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_6401.

    Full description at Econpapers || Download paper

  19. Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data. (2017). Vincent, Nicolas ; Kehrig, Matthias.
    In: Working Papers.
    RePEc:cen:wpaper:17-14.

    Full description at Econpapers || Download paper

  20. An Empirical Study of Interaction-Based Aggregate Investment Fluctuations. (2017). Nirei, Makoto ; Guiso, Luigi ; Lai, Chaoqun.
    In: The Japanese Economic Review.
    RePEc:bla:jecrev:v:68:y:2017:i:2:p:137-157.

    Full description at Econpapers || Download paper

  21. The Great Escape? A Quantitative Evaluation of the Feds Liquidity Facilities. (2017). Ferrero, Andrea ; Eggertsson, Gauti ; Del Negro, Marco ; Kiyotaki, Nobuhiro.
    In: American Economic Review.
    RePEc:aea:aecrev:v:107:y:2017:i:3:p:824-57.

    Full description at Econpapers || Download paper

  22. Lumpy Investment, Lumpy Inventories. (2016). Ma, Lin ; Bachmann, Ruediger.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:48:y:2016:i:5:p:821-855.

    Full description at Econpapers || Download paper

  23. Large Open Economies and Fixed Costs of Capital Adjustment. (2016). Bayer, Christian ; Tjaden, Volker.
    In: Review of Economic Dynamics.
    RePEc:red:issued:13-97.

    Full description at Econpapers || Download paper

  24. The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities. (2016). Ferrero, Andrea ; Eggertsson, Gauti ; Del Negro, Marco ; Kiyotaki, Nobuhiro.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:22259.

    Full description at Econpapers || Download paper

  25. Heterogeneous Firms and the Micro Origins of Aggregate Fluctuations. (2016). Magerman, Glenn ; Dhyne, Emmanuel ; De Bruyne, Karolien ; van Hove, Jan.
    In: Working Papers ECARES.
    RePEc:eca:wpaper:2013/239575.

    Full description at Econpapers || Download paper

  26. How Do Frictions Affect Corporate Investment? A Structural Approach. (2016). Bustamante, Cecilia M.
    In: Journal of Financial and Quantitative Analysis.
    RePEc:cup:jfinqa:v:51:y:2016:i:06:p:1863-1895_00.

    Full description at Econpapers || Download paper

  27. Learning About Consumer Uncertainty from Qualitative Surveys: As Uncertain As Ever. (2015). Sarte, Pierre Daniel ; Pinto, Santiago ; Sharp, Robert.
    In: Working Paper.
    RePEc:fip:fedrwp:15-09.

    Full description at Econpapers || Download paper

  28. Investment Dynamics with Information Costs. (2014). Verona, Fabio.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:46:y:2014:i:8:p:1627-1656.

    Full description at Econpapers || Download paper

  29. When Is Sticky Information More Information?. (2014). Sarte, Pierre Daniel.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:46:y:2014:i:7:p:1345-1379.

    Full description at Econpapers || Download paper

  30. Lumpy Investment and Corporate Tax Policy. (2014). Wang, Pengfei ; Miao, Jianjun.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:46:y:2014:i:6:p:1171-1203.

    Full description at Econpapers || Download paper

  31. Firms, destinations, and aggregate fluctuations. (2014). Mejean, Isabelle ; Levchenko, Andrei ; di Giovanni, Julian.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1387.

    Full description at Econpapers || Download paper

  32. Structural unemployment and the costs of firm entry and exit. (2013). Janiak, Alexandre.
    In: Labour Economics.
    RePEc:eee:labeco:v:23:y:2013:i:c:p:1-19.

    Full description at Econpapers || Download paper

  33. Financial Frictions and Investment Dynamics in Multi-Plant Firms. (2013). Vincent, Nicolas ; Kehrig, Matthias.
    In: Working Papers.
    RePEc:cen:wpaper:13-56.

    Full description at Econpapers || Download paper

  34. Economic policies with endogenous innovation and Keynesian demand management. (2012). Napoletano, Mauro ; Dosi, Giovanni ; Fagiolo, Giorgio ; Roventini, Andrea.
    In: Chapters.
    RePEc:elg:eechap:15013_5.

    Full description at Econpapers || Download paper

  35. Asset Prices and Business Cycles with Financial Frictions. (2011). Slavik, Ctirad.
    In: 2011 Meeting Papers.
    RePEc:red:sed011:587.

    Full description at Econpapers || Download paper

  36. Micro Frictions, Asset Pricing, and Aggregate Implications. (2011). Lin, Xiaoji ; Favilukis, Jack.
    In: 2011 Meeting Papers.
    RePEc:red:sed011:466.

    Full description at Econpapers || Download paper

  37. The great escape? A quantitative evaluation of the Fed’s liquidity facilities. (2011). Ferrero, Andrea ; Eggertsson, Gauti ; Del Negro, Marco ; Kiyotaki, Nobuhiro.
    In: Staff Reports.
    RePEc:fip:fednsr:520.

    Full description at Econpapers || Download paper

  38. Detecting Propagation Effects by Observing Aggregate Distributions: The Case of Lumpy Investments. (2011). Nirei, Makoto ; Guiso, Luigi ; Lai, Chaoqun.
    In: Economics Working Papers.
    RePEc:eui:euiwps:eco2011/25.

    Full description at Econpapers || Download paper

  39. Detecting Propagation Effects by Observing Aggregate Distributions: The Case of Lumpy Investments. (2011). Guiso, Luigi ; Mirei, Makoto ; Lai, Chaoqun.
    In: EIEF Working Papers Series.
    RePEc:eie:wpaper:1112.

    Full description at Econpapers || Download paper

  40. Entry and Exit Echoes. (2010). Tse, Chung-Yi ; Jovanovic, Boyan.
    In: Review of Economic Dynamics.
    RePEc:red:issued:09-105.

    Full description at Econpapers || Download paper

  41. The Cross-section of Firms over the Business Cycle: New Facts and a DSGE Exploration. (2009). Bachmann, Ruediger ; Bayer, Christian.
    In: 2009 Meeting Papers.
    RePEc:red:sed009:866.

    Full description at Econpapers || Download paper

  42. Does Lumy Investment Matter for Business Cycles?. (2009). Wang, Pengfei ; Miao, Jianjun.
    In: MPRA Paper.
    RePEc:pra:mprapa:14977.

    Full description at Econpapers || Download paper

  43. Real and Nominal Frictions within the Firm: How Lumpy Investment Matters for Price Adjustment. (2009). Johnston, Michael.
    In: Staff Working Papers.
    RePEc:bca:bocawp:09-36.

    Full description at Econpapers || Download paper

  44. Fixed Costs and Long-Lived Investments. (2008). House, Christopher.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14402.

    Full description at Econpapers || Download paper

  45. Identifying Adjustment Costs of Net and Gross Employment Changes. (2008). Nilsen, Øivind ; Ejarque, Joo Miguel .
    In: Economics Discussion Papers.
    RePEc:esx:essedp:8924.

    Full description at Econpapers || Download paper

  46. Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants. (2008). Kugler, Maurice ; Haltiwanger, John ; Eslava, Marcela.
    In: CID Working Papers.
    RePEc:cid:wpfacu:184.

    Full description at Econpapers || Download paper

  47. Lumpy investment, sticky prices, and the monetary transmission mechanism. (2007). Sveen, Tommy ; Weinke, Lutz.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:54:y:2007:i:sup1:p:23-36.

    Full description at Econpapers || Download paper

  48. Investment spikes: New facts and a general equilibrium exploration. (2007). Kashyap, Anil ; Gourio, Francois.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:54:y:2007:i:sup1:p:1-22.

    Full description at Econpapers || Download paper

  49. Disasters and Recoveries: A Note on the Barro-Rietz Explanation of the Equity Premium Puzzle. (2007). Kashyap, Anil ; Gourio, Francois.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2007-007.

    Full description at Econpapers || Download paper

  50. Does Lumpy Investment Matter for Business Cycles?. (2000). Wang, Pengfei ; Miao, Jianjun.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2010-002.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-26 06:28:17 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.