Lumpy Investment, Sectoral Propagation, and Business Cycles



Shleifer, A. (1986): “Implementation Cycles,” Journal of Political Economy, 94,
1163-1190.

Thomas, J. K. (2002): “Is lumpy investment relevant for the business cycle?,” Journal
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, 110(3), 508-534.

Vives, X. (1990): “Nash equilibrium with strategic complementarities,” Journal of
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Yoshikawa, H., and F. Ohtake (1987): “Postwar business cycles in Japan: A quest
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