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This Economics Research Note examines inventories in the business cycle for Australia covering the period since the mid … 1980s. The Australian Bureau of Statistics (ABS) defines inventories as all materials etc., work in progress and finished …
Persistent link: https://www.econbiz.de/10009401330
While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.
Persistent link: https://www.econbiz.de/10008567636
economists and the business community. Phenomena such as price setting, unpredictable and variable demand, and inventories and …
Persistent link: https://www.econbiz.de/10008728064
What is the role of inventories in UK manufacturing? We present and estimate a model of inventories that considers … separately finished goods and input (i.e. the sum of raw materials and work-in-process) inventories. We estimate structural … parameters which allows us to make inferences on the role of inventories in cyclical frequencies. Our results suggest that both …
Persistent link: https://www.econbiz.de/10008472236
Recent national and international regulatory reforms (e.g. U.S. FAIR and other GATT compliance reforms) in agricultural markets has led some observers to wonder whether the private sector is able to produce a level of price volatility that is socially acceptable. In this paper, we examine the...
Persistent link: https://www.econbiz.de/10005619671
, Inventories. This article presents a closer look of standard (objective, scope, definitions, measurement and disclosures. …
Persistent link: https://www.econbiz.de/10008866124
This paper investigates the influence of inventories in explaining the magnitude of price transmission. The empirical … influence of inventories on price transmission. The procedure detects significant non-linearities and suggests that the price … transmission elasticity is increasing in the level of the farm price and decreasing in the ratio of inventories to sales. This …
Persistent link: https://www.econbiz.de/10009018275
resulting (factor demand) model with inventories leads to more efficient estimation results and normalisation rules become even … redundant. Furthermore, the (smoothing) role of inventories with respect to production factors is discussed. …
Persistent link: https://www.econbiz.de/10008839201
to stochastic price fluctuations. Our framework accounts for how inventories and expectations of future prices affect …
Persistent link: https://www.econbiz.de/10011257829
Professor Becker´s 1956 paper about free banking was originally intended as a reaction to the 100-percent reserve proposals that were then popular at the University of Chicago. Today the original paper clearly illustrates how considerably our views and theories about free banking have evolved...
Persistent link: https://www.econbiz.de/10011267859