Inventory Dynamics and Business Cycles: What Has Changed?
- Topics:
- Credit Management
- Source:
- The Federal Reserve Board
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Overview: The paper indicates the changes in inventory dynamics since the mid-1980s, which played a reinforcing agent rather than a leading role in the volatility reduction. Movements in the volatility of manufacturing output over the past three decades almost entirely reflect changes in the variability of the growth contribution of sales. This analysis does show that since the mid-1980s, inventory dynamics have played a role in stabilizing manufacturing production. Read on for more analyzing results on Inventory Dynamics and Business Cycles.
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Format: PDF | Size: 446KB | Date: Jan 2003 | Pages: 43
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