Do investment-specific technological changes matter for business fluctuations? Evidence from Japan

Business & Economics

• Investment-specific Technological Change 100%
• Business Fluctuations 85%
• Investment Adjustment Costs 73%
• Japan 39%
• Diffusion Index 22%
• Asset Price Bubble 20%
• Output Fluctuations 19%
• Investment Goods 19%
• Bayesian Methods 17%
• Consumption Goods 17%
• Dynamic Stochastic General Equilibrium Model 17%
• Financial Intermediation 16%
• Financial Constraints 15%
• Fluctuations 15%
• Relative Prices 14%
• Correlates 13%
• Technological Change 12%
• Costs 10%
• Economics 7%