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Economic theory predicts a negative relationship between inventories and the real interest rate, but previous empirical … inventories and the interest rate ?are unlikely to uncover a relationship. Our analysis suggests that inventories will not respond … predictions and show a highly significant long-run relationship between inventories and the interest rate, with an elasticity of …
Persistent link: https://www.econbiz.de/10010333073
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
We present estimates of inventory models based on firm level panel data and investigate whether over-simplified specification of the production technology may account for the frequent failure to find technological incentives to smooth production in the context of the standard linear-quadratic...
Persistent link: https://www.econbiz.de/10011608286
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
The International Petroleum Statistics Report presents data on international oil production, demand, imports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and...
Persistent link: https://www.econbiz.de/10009435398
The International Petroleum Statistics Report presents data on international oil production, demand, imports, exports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation...
Persistent link: https://www.econbiz.de/10009435449
The International Petroleum Statistics Report presents data on international oil production, demand, imports, exports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation...
Persistent link: https://www.econbiz.de/10009435482
The purpose of this report is to define the objectives of the Propane Market Model (PMM), describe its basic approach, and to provide details on model functions. This report is intended as a reference document for model analysts, users, and the general public. Documentation of the model is in...
Persistent link: https://www.econbiz.de/10009435503
The purpose of this report is to define the objectives of the Distillate Market Model (DMM), describe its basic approach, and to provide details on model functions. This report is intended as a reference document for model analysts, users, and the general public. Documentation of the model is in...
Persistent link: https://www.econbiz.de/10009435504