Intangible Investment and Low Inflation : A Framework and Some Evidence /

Intangible Investment and Low Inflation : A Framework and Some Evidence /

Intangible investment is growing as a share of economic activity. We present a simple framework incorporating its distinguishing characteristic of generally greater scalability and lower marginal costs than tangible investment. We show evidence that this may have contributed to more elastic aggregat...

書誌詳細
第一著者:	Lall, Subir
その他の著者:	Zeng, Li
フォーマット:	雑誌
言語:	English
出版事項:	Washington, D.C. : International Monetary Fund, 2020.
シリーズ:	IMF Working Papers; Working Paper ; No. 2020/190
オンライン･アクセス:	Full text available on IMF

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