Investment Spikes: New Facts and a General Equilibrium Exploration

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‘Wait-and-See’ business cycles? (2013, methodology): “This statistic is 13.80% in the USTAN data and has been commonly used in the literature as a measure of the fraction of investment episodes that can reasonably be considered lumpy (see Cooper and Haltiwanger, 2006, as well as Gourio and Kashyap, 2007).20”
Investment Dispersion and the Business Cycle (2011, background): “Only with substantial curvature rely firms mostly on the extensive margin for capital adjustment, as large investments would put the firm too far off its optimal scale of operation (see Gourio and Kashyap (2007) for a related observation).”
Firms, Destinations, and Aggregate Fluctuations (2014, unknown): “E-mail (URL): JdiGiovanni@imf.org (http: //julian.digiovanni.ca), alev@umich.edu (http://www.alevchenko.com), isabelle.mejean@polytechnique.edu (http://www.isabellemejean.com).”
Schumpeter meeting Keynes: A policy-friendly model of endogenous growth and business cycles (2010, background): “6 and relate it to Gourio and Kashyap, 2007).”