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Firm-Specific Productivity Risk over the Business Cycle: Facts and Aggregate Implications

Ruediger Bachmann () and Christian Bayer ()

No 869, 2009 Meeting Papers from Society for Economic Dynamics

Abstract: real option value effect of time-varying uncertainty.

Date: 2009
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More papers in 2009 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
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