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A large body of research has established that exporters do not fully adjust their prices across countries in response to exchange rate movements, but instead allow their markups to vary. But while markups are difficult to observe directly, we show in this paper that inventory-sales ratios...
Persistent link: https://www.econbiz.de/10010333650
changes in inventories. We then present evidence of the importance of cross border production chains for the economies of CEE …
Persistent link: https://www.econbiz.de/10011605673
Der Kulturtourismus gehört zu den am schnellsten wachsenden Segmenten des Tourismus. Eine wichtige Ressource zur Entwicklung des Kulturtourismus ist das Kulturerbe. Obwohl der Tourismus in ländlichen Räumen eine wichtige Rolle spielt, um Beschäftigung und Einkommen, aber auch effektive...
Persistent link: https://www.econbiz.de/10011823513
during which the stored product is sold out of inventories. This paper develops an economic model ofoptimal inventory …
Persistent link: https://www.econbiz.de/10009444651
There is now considerable evidence that business cycle variation in output and employment in the U.S. differs in expansions and contractions. We present nonparametric evidence that asymmetries are strongest in durable goods manufacturing. In a Markov switching framework, we find two leading...
Persistent link: https://www.econbiz.de/10010263225
This paper analyzes the optimal adjustment strategy of an inventory-holding firm facing price- and quantity-adjustment costs in an inflationary environment. The model nests both the original menu-cost model that allows production to be costlessly adjusted, and the later model that includes...
Persistent link: https://www.econbiz.de/10010264322
This article studies inventories and monetary policy by estimating VAR models. The complex roots detected in our … production and inventories follow damped oscillations (stable sine curves), implying that a boom is the seed of the following … inventories, while booms after positive supply shocks are short-lived as the initial accumulation of inventories suppresses …
Persistent link: https://www.econbiz.de/10010277802
equilibrium framework, of the role of inventories and capacity utilization (of both capital and labor) and, in particular … analysis of the association between inventories and capital utilization seems natural, for physical capital could beseen as a … stock ultimately destined to be transformed into an inventory of finishedgoods. In the same way, inventories could be seen …
Persistent link: https://www.econbiz.de/10009464875
opinions considering cryptocurrency a financial asset, a financial instrument, cash, cash equivalents, inventories or …
Persistent link: https://www.econbiz.de/10014544648
and inventories. These analyses contribute to the Structure-Conduct-Performance paradigm literature. Specifically, the … inventories, is explored in great detail.The first essay is motivated by the ambiguity of prior research on the relationship … essay analyzes the impact of firm distress on firm inventories and investigates if this relationship is impacted by a firm …
Persistent link: https://www.econbiz.de/10009450601