Structural Change in Investment and Consumption: A Unified Approach
NBER Working Paper No. 24568
---- Acknowledgments ----
We thank Julieta Caunedo, V. Kerry Smith, Todd Schoellman and the participants of the ASU Macro Workshop, the London School of Economics, the NBER Growth Group in San Francisco, and the Universities of Köln, Lancaster,Western Ontario, and Windsor for comments and suggestions. Valentinyi thanks the Hungarian National Research, Development and Innovation Office (Project KJS K 124808). All errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Richard Rogerson ----
I have received financial support in excess of $10,000 over the last three years from the Federal Reserve Bank of Minneapolis, the Federal Reserve Bank of Atlanta, Yonsei University (South Korea) and the World Bank.