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Inventories and the business cycle: an overview

Fitzgerald, Terry J. - In: Economic Review (1997) Q III, pp. 11-22

A review of research on the relationship between inventory investment and business cycle fluctuations, focusing on the developments of the last 15 years. A central issue in the literature, the relative importance of demand and supply shocks as sources of fluctuations, continues to be debated.

Persistent link: https://www.econbiz.de/10005360803

Recent evidence on the muted inventory cycle

Filardo, Andrew J. - In: Economic Review (1995) Q II, pp. 27-43

Inventories play an important role in business cycles. Inventory build-ups add momentum to the economy during … inventories in shaping the current outlook for the U.S. economy is particularly uncertain. In the early 1990s, inventory swings … inventory control practices, they believed, were permanently diminishing the role of inventories in the business cycle. Yet …

Persistent link: https://www.econbiz.de/10005373378

Results and financial situation of firms in 2011

Vivet, David - In: Economic Review (2012) III, pp. 69-99

’s three Regions. The last section presents an analysis of companies’ inventories. …

Persistent link: https://www.econbiz.de/10011272841

Will just-in-time inventory techniques dampen recessions?

Morgan, Donald P. - In: Economic Review (1991) Mar, pp. 21-33

Persistent link: https://www.econbiz.de/10005373495

Evidence of improved inventory control

Bechter, Dan M.; Stanley, Stephen - In: Economic Review (1992) Jan, pp. 3-12

Inventory data applied to a standard partial stock-adjustment model demonstrate that inventory control, defined by desired marginal inventory-sales ratios and speeds of adjustment, improved in the last decade or so, particularly in the manufacturing sector. In addition, the evidence suggests...

Persistent link: https://www.econbiz.de/10005063817

Decoupled and resilient? The changing role of emerging market economies in an interconnected world

Buelens, Ch. - In: Economic Review (2013) II, pp. 23-39

For the last two or three decades, the global economy has been going through an extraordinary transition phase. This period has been marked by stronger integration among economies, fuelled by falling trade and communication costs, but above all by the rising prominence of emerging market and...

Persistent link: https://www.econbiz.de/10011272837

Procyclical real wages under nominal-wage contracts with productivity variations

Hoehn, James G. - In: Economic Review (1988) Q IV, pp. 11-23

A modification of existing sticky-wage models to account for the observed cyclical behavior of real wages by means of a model that introduces productivity factors into nominal-wage contracts.

Persistent link: https://www.econbiz.de/10005360719

Why we don't know whether money causes output

Carlstrom, Charles T.; Gamber, Edward N. - In: Economic Review (1989) Q III, pp. 27-39

An examination of the commonly accepted positive correlation between money and real output, including a review of several models of business cycles and an explanation of how money can be neutral and yet still appear to affect real output.

Persistent link: https://www.econbiz.de/10005360736

Real business cycle theory: a guide, an evaluation, and new direction

Stockman, Alan C. - In: Economic Review (1988) Q IV, pp. 24-47

An evaluation of the state of real business cycle theory, with an outline of useful directions for further research and a discussion of economic policy implications.

Persistent link: https://www.econbiz.de/10005360783

Turn, turn, turn: Predicting turning points in economic activity

Negro, Marco Del - In: Economic Review (2001) Q2, pp. 1-12

Policy and investment decisions are made with an eye toward future economic conditions, and an econometric model that can correctly forecast directional changes in the business cycle would be a boon to policymakers, the business community, and the general public. This article provides some...

Persistent link: https://www.econbiz.de/10005361145