Essays about: "Carlo Zanella"
Found 1 essay containing the words Carlo Zanella.
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1. Time-Varying Uncertainty and Durable Adjustment
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : A large share of demand fluctuations over the business cycle are due to fluctuations in consumer spending on durable goods. Households adjust their durable holdings infrequently, and adjustment is even less likely when the economy is in a recession than when it is in an expansion. READ MORE
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