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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Lall, Subir
अन्य लेखक: Zeng, Li
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2020.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2020/190
ऑनलाइन पहुंच:Full text available on IMF