More on the Speed of Adjustment in Inventory Models
收藏NBER1986-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1913
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资源简介:
When empirical stock-adjustment models of manufacturers' inventories of finished goods are estimated, there appear to be two local minima in the sum of squared residuals functions. At one local minimum, the estimated adjustment speed is typically quite high; at the other, it is typically quite low.
提供机构:
美国国家经济研究局
创建时间:
1986-05-01



