Warehouse / JEL /
D80
D80
1 papers tracked
0 forthcoming
Showing 1 papers
Online First
Review of Economic Studies
Online 13 Jan 2026
The Macroeconomics of IrreversibilityIsaac Baley · Andrés Blanco
Overview Research question. How does partial capital irreversibility — arising from a wedge between the purchase price and the resale (discounted) price of capital — shape the persistence and …