Extensive and Intensive Investment over the Business Cycle
NBER Working Paper No. 14960
---- Acknowledgements ----
We thank G. Alessandria, W. Brainard, R. Lucas, G. Violante and L. Wong for comments, and S. Bigio, S. Flynn, H. Tretvoll and V. Tsyrennikov for research assistance, and the Ewing Marion Kauffman Foundation for financial assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.