Title:

Trading Down and the Business Cycle

Authors:

Nir Jaimovich (U Zurich)
Sergio Rebelo (Northwestern U)
Arlene Wong (Princeton U)

Journal:

Journal of Monetary Economics

Year:

2019

Volume:

102

Pages:

96-121

JEL code:

E32 - Business Fluctuations; Cycles

DOI:

10.1016/j.jmoneco.2019.01.026