Author: Julio J. RotembergPublisher:
ISBN:
Category :
Languages : en
Pages : 33
Book Description
The Cyclical Behavior of Strategic Inventories
Author: Julio J. RotembergThe Cyclical Behavior of Retail Inventories
Author: Stanley BoberCyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States
Author: Mr.Jens R. ClausenPublisher: International Monetary Fund
ISBN: 1455205435
Category : Business & Economics
Languages : en
Pages : 40
Book Description
In the United States and a few European countries, inventory behavior is mainly the outcome of demand shocks: a standard buffer-stock model best characterizes these economies. But most European countries are described by a modified buffer-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe. Moreover, inventories provide limited information to improve growth forecasts particularly when a modified buffer-stock model characterizes inventory behavior.
Modelling the Cyclical Behavior of Retail and Wholesale Inventories
Author: C. Erik LarsonThe Seasonal and Cyclical Behavior of Inventories
Author: James A. KahnHandbook of Macroeconomics
Author: John B. TaylorPublisher: Elsevier
ISBN: 9780444501578
Category : Business & Economics
Languages : en
Pages : 576
Book Description
Annotation Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the business cycle (J.Y. Campbell). 20. Human behavior and the efficiency of the financial system (R.J. Shiller). 21. The financial accelerator in a quantitative business cycle framework (B. Bernanke, M. Gertler and S. Gilchrist). Part 7: Monetary and Fiscal Policy. 22. Political economics and macroeconomic policy (T. Persson, G. Tabellini). 23. Issues in the design of monetary policy rules (B.T. McCallum). 24. Inflation stabilization and BOP crises in developing countries (G.A. Calvo, C.A. Vegh). 25. Government debt (D.W. Elmendorf, N.G. Mankiw). 26. Optimal fiscal and monetary policy (V.V. Chari, P.J. Kehoe).
A Theory of the Cyclical Movements of Inventory Stocks
Author: Ian Robert Milne BainPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 294
Book Description
The Cyclical Behavior of Inventories
Author: Alessandro SembenelliPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper employs data for a panel of firms from France, Italy and the UK to study the effect of the recession of the early '90s on inventory investment, controlling for cyclical fluctuations at the firm level. The results clearly show some common patterns across countries, pointing to the relevance of financial factors in propagating initial recessionary shocks. However, Italian firms, especially if "small and young", seem more likely to suffer from a reduction in the value of collateralizable assets possibly originated by restrictive policy actions.
Strategic Inventory and Supply Chain Behavior
Author: Robin HartwigCredit Conditions and the Cyclical Behavior of Inventories
Author: A. K. KashyapPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 60
Book Description
This paper examines micro data on U.S. firms' inventories during different macroeconomic episodes. Much of the analysis focuses on the 1981-82 recession, a recession that was apparently precipitated by tight monetary policy. We find important cross-sectional effects in this period: firms that were "bank-dependent" were much more prone to shed inventories than their non-bank-dependent counterparts. In contrast, such cross-sectional differences are largely absent during a period of "loose" monetary policy later in the 1980s. Our findings are consistent with the view that 1) there is a bank lending channel of monetary policy transmission; 2) the lending channel is likely to be particularly important in explaining inventory fluctuations during downturns