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of Shipments, Inventories Nd Industrial Production Series Within the Same Industry and 3) the Characterization of Non …
Persistent link: https://www.econbiz.de/10005545697
In Recent Years, the Ratio of Inventories to Sales in North America Manufacturing Has Fallen Without the Offsetting … That in the Face of Falling Relative Costs of Communications, Firms Will Substitute Information for Inventories, Thereby … Communications and Inventories Are Therefore Determined Simultaneously Is Tested with Data on Canadian Inventories and on …
Persistent link: https://www.econbiz.de/10005729795
We develop and estimate a DSGE model which realistically assumes that many goods in the economy are produced through more than one stage of production. Firms produce differentiated goods at an intermediate stage and a final stage, post different prices at both stages, and face stage-specific...
Persistent link: https://www.econbiz.de/10005015308
We build a Dynamic General Equilibrium model with search frictions for the allocation of physical capital and investigate its implications for the business cycle. While the model is in principle capable of generating substantial internal propagation to small exogenous shocks, the quantitative...
Persistent link: https://www.econbiz.de/10005015320
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Multi-countru models have not been very successful in replicating features of the international transmission of business cycles. Standard models predict cross-country correlations of output and consumption which are respectively too low and loo high. In this paper, we built a multi-country model...
Persistent link: https://www.econbiz.de/10005353091
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