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