Evidence from Seven Countries on Whether Inventories Smooth Aggregate Output

Casual examination of annual postwar data on inventories and aggregate output for seven developed countries -- Canada, France, West Germany, Italy, Japan, United Kingdom, United States -- suggests that in these countries the primary function of aggregate inventories is not to smooth aggregate output in the face of aggregate demand shocks. Japan is a possible exception to this generalization

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Year of publication:	[2021]
Authors:	West, Kenneth D.
Publisher:	[S.l.] : SSRN
Subject:	Bruttoinlandsprodukt \| Gross domestic product \| Schätzung \| Estimation \| Konjunktur \| Business cycle \| Lagerzyklus \| Inventory cycle

Extent:	1 Online-Ressource (30 p)
Series:	NBER Working Paper ; No. w2664
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 1988 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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