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...

Ful tanımlama

Detaylı Bibliyografya
Yazar: Lall, Subir
Diğer Yazarlar: Zeng, Li
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2020.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2020/190
Online Erişim:Full text available on IMF