Similar Search Results

Do inventories moderate fluctuations in output?

Allen, Donald S. - In: Review (1997) Jul, pp. 39-50

Inventories are widely believed to serve as a buffer stock against unexpected fluctuations in demand, allowing firms to … correlation between changes in inventory and changes in sales. These findings imply that inventories are not being used to smooth … use inventories to smooth production, but only partially. …

Persistent link: https://www.econbiz.de/10005414769

Changes in inventory management and the business cycle

Allen, Donald S. - In: Review (1995) Jul, pp. 17-26

Persistent link: https://www.econbiz.de/10005415082

Discretion, rules and volatility - commentary

Cooper, Russell - In: Review (1996) May, pp. 80-82

Persistent link: https://www.econbiz.de/10010726990

Discretion, rules and volatility

Azariadis, Costas; Galasso, Vincenzo - In: Review (1996) May, pp. 65-74

Persistent link: https://www.econbiz.de/10010727027

Discretion, rules and volatility - commentary

Becker, Robert A. - In: Review (1996) May, pp. 75-79

Persistent link: https://www.econbiz.de/10010727060

Supply shocks, demand shocks, and labor market fluctuations

Braun, Helge; Bock, Reinout De; DiCecio, Riccardo - In: Review (2009) May, pp. 155-178

The authors use structural vector autoregressions to analyze the responses of worker flows, job flows, vacancies, and hours to demand and supply shocks. They identify these shocks by restricting the short-run responses of output and the price level. On the demand side, they disentangle a...

Persistent link: https://www.econbiz.de/10004998146

The nominal facts and the October 1979 policy change

Gavin, William T.; Kydland, Finn E. - In: Review (2000) Nov, pp. 39-61

Persistent link: https://www.econbiz.de/10005414758

The use of long-run restrictions for the identification of technology shocks

Francis, Neville; Owyang, Michael T.; Theodorou, Athena T. - In: Review (2003) Nov, pp. 53-66

The authors survey the recent empirical literature using long-run restrictions to identify technology shocks and provide an illustrative walk-through of the long-run restricted vector autoregression (VAR) methodology in a bivariate framework. Additionally, they offer an alternative...

Persistent link: https://www.econbiz.de/10005414760

Regime-dependent recession forecasts and the 2001 recession

Dueker, Michael J. - In: Review (2002) Nov, pp. 29-36

Business recessions are notoriously hard to predict accurately, hence the quip that economists have predicted eight of the last five recessions. This article derives a six-month-ahead recession signal that reduces the number of false signals outside of recession, without impairing the ability to...

Persistent link: https://www.econbiz.de/10005414814

Trends in hours, balanced growth, and the role of technology in the business cycle

Galí, Jordi - In: Review (2005) Jul, pp. 459-486

This paper revisits a property embedded in most dynamic macroeconomic models: the stationarity of hours worked. First, the author argues that, contrary to what is often believed, there are many reasons why hours could be nonstationary in those models, while preserving the property of balanced...

Persistent link: https://www.econbiz.de/10005414855