Search complementarities, aggregate fluctuations, and fiscal policy

We document five novel facts about the role of search effort in forming trading relationships among firms by combining a variety of micro and macro datasets. These facts strongly suggest the presence of search complementarities. To study the implications of these facts for aggregate fluctuations, we...

Полное описание

Библиографические подробности
Главные авторы: Fernandez-Villaverde, J, Mandelman, F, Yu, Y, Zanetti, F
Формат: Journal article
Язык:English
Опубликовано: Oxford University Press 2024