The principles underlying the recording of changes in inventories are explained in the System of National Accounts … techniques and their underlying assumptions for calculating changes in inventories and holding gains when only data on stocks of … inventories are available. Several data situations are considered. The authors propose methods for measuring changes in …

through which dealer inventories evolve. This approach is consistent with inventory evolution data and with general …

curve? We find long-run relationships between spot and futures prices, inventories and interest rates, which means that such … inventories are used to absorb the shock. Importantly, the pace and nature of the adjustment depends upon whether inventories were …

-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe …. Moreover, inventories provide limited information to improve growth forecasts particularly when a modified buffer-stock model …