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  4. Salomon Center
  5. Macro Finance
  6. Boyan Jovanovic and Peter L. Rousseau
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dc.contributor.authorJovanovic, Boyan-
dc.date.accessioned2008-05-30T21:00:34Z-
dc.date.available2008-05-30T21:00:34Z-
dc.date.issued2003-02-
dc.identifier.urihttp://hdl.handle.net/2451/27311-
dc.description.abstractWe model merger waves as reallocation waves, and argue that mergers spread new technology in a way that is similar to that of entry and exit of firms. We focus on two periods: 1890-1930 during which electricity and the internal combustion engine spread through the U.S. economy, and 1971-2001—the Information Age.en
dc.language.isoen_USen
dc.relation.ispartofseriesS-MF-03-03en
dc.titleBoyan Jovanovic and Peter L. Rousseauen
dc.typeWorking Paperen
Appears in Collections:Macro Finance

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