Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States

Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States PDF Author: Mr.Jens R. Clausen
Publisher: International Monetary Fund
ISBN: 1455205435
Category : Business & Economics
Languages : en
Pages : 40

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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.

Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States

Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States PDF Author: Mr.Jens R. Clausen
Publisher: International Monetary Fund
ISBN: 1455205435
Category : Business & Economics
Languages : en
Pages : 40

Get Book Here

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.

A Survey of University Business and Economic Research Reports ...

A Survey of University Business and Economic Research Reports ... PDF Author: United States. Small Business Administration
Publisher:
ISBN:
Category :
Languages : en
Pages : 716

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Book Description


A Survey of University Business and Economic Research Reports

A Survey of University Business and Economic Research Reports PDF Author: University of Texas. Bureau of Business Research
Publisher:
ISBN:
Category : Economic research
Languages : en
Pages : 716

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Book Description


Center for Economic Studies Discussion Paper

Center for Economic Studies Discussion Paper PDF Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 72

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Book Description


Handbook of Macroeconomics

Handbook of Macroeconomics PDF Author: John B. Taylor
Publisher: Elsevier
ISBN: 9780444501578
Category : Business & Economics
Languages : en
Pages : 576

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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).

Inventories in National Economies

Inventories in National Economies PDF Author: Attila Chikán
Publisher: Springer
ISBN: 1447173716
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
This book introduces a new approach in the field of macroeconomic inventory studies: the use of multivariate statistics to evaluate long-term characteristics of inventory investments in developed countries. By analyzing a 44-year period series of annual inventory change in percentage of GDP in a set of OECD countries, disclosing their relationship to growth, industry structure and alternative uses of GDP (fixed capital investments, foreign trade and consumption), it fills a gap in the economic literature. It is generally accepted that inventories play an important role in all levels of the economy. However, while there is extensive literature on micro- (and even item-) level inventory problems, macroeconomic inventory studies are scarce. Both the long-term processes of inventory formation and their correlation with other macroeconomic factors provide interesting conclusions about economic changes and policies in our immediate past, and present important insights for the future.

Business Cycle Indicators: Basic data on cyclical indicators

Business Cycle Indicators: Basic data on cyclical indicators PDF Author: Geoffrey Hoyt Moore
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 208

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Book Description


The Role of Inventory Changes During Expansion and Contraction

The Role of Inventory Changes During Expansion and Contraction PDF Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 20

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Book Description


The American Business Cycle

The American Business Cycle PDF Author: Robert J. Gordon
Publisher: University of Chicago Press
ISBN: 0226304590
Category : Business & Economics
Languages : en
Pages : 882

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Book Description
In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.

The Economics of Cycles and Growth

The Economics of Cycles and Growth PDF Author: Stanley Bober
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 328

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Book Description
Textbook on business cycles and economic growth in aggregate economics - analyses economic models and economic theories, covers the characteristics of change, the anatomy of the cycle, consumption expenditures and investment expenditures, etc., and includes models of steady growth. Diagrams and references.