Inventories, Rational Expectations, and the Business Cycle
收藏NBER1979-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0381
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资源简介：
The simplest macroeconomic models in which markets clear instantaneously, and expectations are rational preclude the existence of "business cycles," that is, of serially correlated deviations of output from trend. This paper studies one of several mechanisms that can be used to make these so-called
提供机构：
美国国家经济研究局
创建时间：
1979-08-01
