On Inventories and the Business Cycle

Guy Laroque

Chapter 24 in The Economics of Imperfect Competition and Employment, 1989, pp 649-676 from Palgrave Macmillan

Abstract: Abstract A well-established feature of the business cycle, which has been known for a long time, is the high correlation between output and the variation of inventories (for some recent evidence, see, e.g., Chanut and Laroque, 1979; Blinder, 1985). It is interesting to contrast the interpretations that the two main strands of macroeconomic theory give of this stylized fact.

Keywords: Monetary Policy; Business Cycle; Price Level; Unemployment Benefit; Excess Demand (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08630-6_24

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349086306

DOI: 10.1007/978-1-349-08630-6_24

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().