Inventories and the Business Cycle: An Equilibrium Analysis of (S,s) Policies
收藏NBER2003-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10078
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资源简介：
We develop an equilibrium business cycle model where nonconvex delivery costs lead producers of final goods to follow generalized (S,s) inventory policies with respect to intermediate goods. When calibrated to match the average inventory-to-sales ratio in postwar U.S. data, our model reproduces two
提供机构：
美国国家经济研究局
创建时间：
2003-11-01
