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1
What Inventory Behavior Tells Us About Business Cycles
Bils, Mark
-
1999
Manufacturers' finished goods inventories move less than shipments over the business cycle. We argue that this requires marginal cost to be more procyclical than is conventionally measured. We construct, for six manufacturing industries, alternative measures of marginal cost that attribute...
Persistent link: https://www.econbiz.de/10012471474
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2
Market Structure and Cyclical Fluctuations in U.S. Manufacturing
Domowitz, Ian
-
1986
The relevance of imperfect competition for models of aggregate economic fluctuations has received increased attention from researchers in both macroeconomics and industrial organization. Measuring properly the size of industry markups of price over marginal cost is important both for assessing...
Persistent link: https://www.econbiz.de/10012476954
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3
Trade and the Global Recession
Eaton, Jonathan
-
2011
We develop a dynamic multi-country general equilibrium model to investigate forces acting on the global economy during the Great Recession and ensuing recovery. Our multi-sector framework accounts completely for countries' trade, investment, production, and GDPs in terms of different sets of...
Persistent link: https://www.econbiz.de/10012461991
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4
The Effects of Variable Capital Utilization on the Measurement and Properties of Sectoral Productivity : Some International Evidence
Baxter, Marianne
-
2001
This paper explores how accounting for variations in factor utilization rates alters the empirical characteristics of productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of productivity using three proxies for capital services....
Persistent link: https://www.econbiz.de/10012470243
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5
Why Do Countries and Industries with Large Seasonal Cycles Also Have Large Business Cycles?
Beaulieu, J. Joseph
-
1991
We show there is a strong, positive correlation across countries and industries between the standard deviation of the seasonal component and the standard deviation of the non-seasonal component of aggregate variables such as output, labor input, interest rates, and prices. After documenting this...
Persistent link: https://www.econbiz.de/10012475380
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6
Procyclical Labor Productivity and Competing Theories of the Business Cycle : Some Evidence from Interwar U.S. Manufacturing Industries
Bernanke, Ben
-
1990
Each of the main explanations of procyclical labor productivity, or short-run increasing returns to labor (SRIRL), is closely associated with a competing theory of the business cycle: Real business cycle theorists attribute SRIRL to procyclical technological shocks, proponents of recent theories...
Persistent link: https://www.econbiz.de/10012475524
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7
The Seasonal Cycle in U.S. Manufacturing
Beaulieu, J. Joseph
-
1990
This paper examines the seasonal cycle in the manufacturing sector of the U.S. economy. we present estimates of the seasonal patterns in monthly data for 2-digit industries, and we demonstrate the similarity of the seasonal cycle and the business cycle in manufacturing with respect to several...
Persistent link: https://www.econbiz.de/10012475580
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8
Product Switching and the Business Cycle
Bernard, Andrew B.
-
2016
This paper explores role of product adding and dropping within manufacturing firms over the business cycle. While a substantial body of work has explored the importance of the extensive margins of firm entry and exit in employment and output flows, only recently has research begun to examine the...
Persistent link: https://www.econbiz.de/10012456031
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9
Augmenting the Human Capital Earnings Equation with Measures of Where People Work
Barth, Erling
-
2016
We augment standard ln earnings equations with variables reflecting unmeasured attributes of workers and measured and unmeasured attributes of their employer. Using panel employee-establishment data for US manufacturing we find that the observable employer characteristics that most impact...
Persistent link: https://www.econbiz.de/10012456167
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10
ifo Branchen-Dialog 2012
Ebnet, Michael
;
Karl, Hans-Dieter
;
Vieweg, Hans-Günther
; …
- In:
Ifo Schnelldienst
65
(
2012
)
23
,
pp. 32-68
wirtschaftlichen Lage und den Perspektiven für das nächste Jahr vier Foren: zur
Industrie
, zum Handel, zur Bauwirtschaft und zu den …
Persistent link: https://www.econbiz.de/10010877456
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