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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
-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10010262792
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
With the widespread application of inventory control Systems in industry and trade and a fast growing Services sector the influence of inventory changes on the business sector should become less important over time. However, the empirical eyidence for Germany in the period 1970-1994 shows that...
Persistent link: https://www.econbiz.de/10010275352
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
future firm profitability between issuers and non-issuers. In sum, relative differences in inventories investment … to capital. Results from examining components of inventories: raw materials, work-in-process and finished goods are not …
Persistent link: https://www.econbiz.de/10009477236
The object of research is methodics of inventories accounting and its development in manufacturing enterprises. The … main goal of research - to research the problems of inventories accounting methods, to check up its decision ways in … practice and to make suggestions for development of inventories accounting methods. The aims of this research are: • to …
Persistent link: https://www.econbiz.de/10009478322
interest given that inventories are volatile over the business cycle. I use detailed data on Swedish firms' balance sheets … their inventories by 20% when they get a better credit score, yet there is no robust effect on inventories relative to firm …
Persistent link: https://www.econbiz.de/10014542236