Hayashi meets Kiyotaki and Moore: A theory of capital adjustment costs

Review of Economic Dynamics

Volumn 15, Issue 2, 2012, Pages 207-225

  Wang, Pengfei ^a   Wen, Yi ^b,c  

^a HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Hong Kong)

^b FEDERAL RESERVE BANK OF ST LOUIS   (United States)

^c TSINGHUA UNIVERSITY   (China)

Author keywords

Adjustment costs; Borrowing constraints; Collateral; Lumpy investment; Tobin's Q

Indexed keywords

EID: 84858153015     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.red.2011.09.004     Document Type: Article

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