A Comparison of the Behavior of Japanese and U.S. Inventories
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This paper compares the cyclical and secular behavior of Japanese and U.S. inventories at the aggregate and sectoral level, 1967-1987. While, as is well known, U.S. inventories are sharply procyclical, Japanese inventories are only mildly procyclical. In neither country do inventory and sales move
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美国国家经济研究局创建时间:
1991-07-01



