Construct · 1 fields · 1 citations

marginal efficiency of investment shock: a standalone construct

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Macroeconomics

a disturbance to how efficiently investment goods turn into installed productive capital, estimated as a main driver of business cycles.

In macroeconomics, marginal efficiency of investment shock refers to a disturbance to how efficiently investment goods turn into installed productive capital, estimated as a main driver of business cycles. This meaning comes from Justiniano (2011) in Review of Economic Dynamics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

business1 fields · 1 citationsanchor · a standalone construct capital2 fields · 3 citationsjingle · one word, two constructs disturbance3 fields · 3 citationsjingle · one word, three constructs

References

Justiniano, A., Primiceri, G. E., & Tambalotti, A. (2011). Investment shocks and the relative price of investment. Review of Economic Dynamics, 14(1), 102-121. https://doi.org/10.1016/j.red.2010.08.004

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