Junayed, Sadaquat; Khan, Hashmat - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-34, pp. 1-5
The relationship between inventory investment and the real interest rate has been difficult to assess empirically … real interest rate on inventory investment. The authors show that this framework does not separately identify the effects … of real interest rate on inventory investment from variables that determine the expected marginal cost of production. In …