Inventories and the business cycle: an overview

Terry Fitzgerald

Economic Review, 1997, issue Q III, 11-22

Abstract: 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.

Date: 1997
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