Two Cheers for the Aggregated (S, s) Model!

Aggregated (S;s) models purport to provide a structural, microfounded and statistically robust explanation of aggregate investment uctuations. In this paper I analyse these claims, present several empirical puzzles arising from the model and discuss hoe the model might be extended to account for these puzzles.

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Year of publication:	2004-04
Authors:	Holt, Richard
Institutions:	School of Economics, University of Edinburgh
Subject:	Economic Fluctuations \| Investment \| Factor Demand \| Aggregated (S \| s) rules \| Model Specification

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Extent:	application/pdf
Series:	ESE Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	3 pages long
Classification:	C52 - Model Evaluation and Testing ; E22 - Capital; Investment (including Inventories); Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005086769