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A common end result from altering a number of fundamental assumptions of the neoclassical investment product with convex adjustment expenses is always that investment could occur in lumpy episodes. This paper normally takes a stage back and asks "How lumpy is investment?" We solution this issue by documenting the distributions of investment and fun

Fusion Media can be compensated from the advertisers that surface on the website, determined by your conversation Together with the advertisements or advertisers.Nevertheless, the general parters who run the money as well as restricted parters who do very little but sit and hold out have shared passions in the fund's good results, and also the

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