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is maybe it's just um uh adjustment costs there's nothing that can really be done about it it's just some natural firms get shocks
and takes them a while to accumulate capital or decumulate capital for example or labor so but the fact that they're very persistent though
is not consistent with it's being driven by financial frictions or adjustment costs because firms can kind of undo those through self-financing of their investment over time or by accumulating
Listen to native speakers pronounce “decumulate” in real conversational contexts with synchronized timestamps and subtitles.