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second is that inventory movements are quite persistent, even conditional on sales. To consider explanations for the two …, or some third, alternative provides a satisfactory explanation of inventory behavior. We suggest several directions for … future research that promise to improve our understanding of inventory behavior and thus of business cycles …
Persistent link: https://www.econbiz.de/10013210702
as it depends on initial inventory stocks and on the random disturbances within the period. Section 4 presents, for …, we use these results to present the dynamics of inventory behavior and the statistical relationships between real wages …
Persistent link: https://www.econbiz.de/10013236715
the gradual adjustment of inventory stocks. Two microeconomic models of inventory holdings are formulated. Both imply …
Persistent link: https://www.econbiz.de/10014135401
Econometric aspects of recent research on inventory models are surveyed. The discussion emphasizes issues relevant to … instrumental variables estimation of a first order condition of the Holt et al. (1960) linear quadratic inventory model, including … paper also briefly discusses estimation of a decision rule implied by the model, and, finally, the impliations for inventory …
Persistent link: https://www.econbiz.de/10013226948
We study a newly released data set of scanner prices for food products in a large Swiss online supermarket. We find …
Persistent link: https://www.econbiz.de/10013123701
Using novel data describing the healthfulness of household food purchases and the retail landscapes consumers face, we measure the role of access in explaining why wealthier and more educated households purchase healthier foods. We find that spatial differences in access, though significant, are...
Persistent link: https://www.econbiz.de/10013023349
price changes of the supermarket products they purchase. We discuss the implications of these findings for macroeconomic …
Persistent link: https://www.econbiz.de/10013045642
We investigate the impact of access to convenience stores and competition between convenience store chains on medical care use and expenditures in Taiwan; the country with the highest density of convenience stores in the world. Our study makes use of insurance claims from 0.85 million...
Persistent link: https://www.econbiz.de/10012918623
We study the impact of targeted price controls for supermarket products in Argentina from 2007 to 2015. Using web …
Persistent link: https://www.econbiz.de/10012928317
Hausman (2003) discusses four sources of bias in the present calculation of the CPI. A pure price' index based approach of surveying prices as done by the BLS cannot succeed in solving the problems of bias. We discuss economic and econometric approaches to measuring the first order bias effects...
Persistent link: https://www.econbiz.de/10013234090