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To considerable extend, working down housing inventory will simply take some time.
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Purpose: Inventories are introduced as a productive input into a real-business-cycle (RBC) setup augmented with … importance of the presence of inventories is investigated. Findings: The quantitative effect of inventories is found to be … fluctuations in Bulgaria, which is a novel result. Still, there is need for more research on the incorporation of inventories into …
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Remarks at the Quarterly Regional Economic Press Briefing, New York City.
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A review of research on the relationship between inventory investment and business cycle fluctuations, focusing on the developments of the last 15 years. A central issue in the literature, the relative importance of demand and supply shocks as sources of fluctuations, continues to be debated.
Persistent link: https://www.econbiz.de/10005360803
Changes in the stock of firms' inventories are an important component of the business cycle. In fact, discussion about … the timing of a recovery following a recession often focuses on inventories. In "The Role of Inventories in the Business …
Persistent link: https://www.econbiz.de/10005361427
, inventories have fallen far behind rapidly advancing sales. What accounts for the change? Market trends have both reduced the need … for inventories and slowed the response of inventories to shifts in demand. At the same time, the long current expansion …
Persistent link: https://www.econbiz.de/10005512131
The large inventory buildup in the first half of 1997 led to media warnings of a substantially weaker economy by year's end. The authors examine the rationale for these warnings, and argue that inventory accumulation is an unreliable predictor of future economic strength.
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