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’s three Regions. The last section presents an analysis of companies’ inventories. …
Persistent link: https://www.econbiz.de/10011272841
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
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 …
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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
prices do reflect the effects of the settlement delay. …
Persistent link: https://www.econbiz.de/10005360774
A discussion of six papers presented at the Federal Reserve Bank of Cleveland's Conference on Price Stability in November 1990, focusing on how recent developments in macroeconomic research have changed perceptions about optimal inflation policy.
Persistent link: https://www.econbiz.de/10005360789
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with price stability. Because stable prices are essential to maximum long-term economic growth and living standards, the … first examines the behavior of inflation over the past year, showing that sharp increases in food and energy prices caused … most overall inflation measures to rise, while inflation in nonfood and nonenergy prices slowed. Second, he shows that …
Persistent link: https://www.econbiz.de/10005373355