Boileau, Martin (contributor); … - 2004 - [Elektronische Ressource]
that, although changes in
inventories form on average less than one percent of gross domestic product, reductions
in … inventories arithmetically account for about 49 percent of the fall in gross domestic
product during post-war US recessions … corresponds to
the detrended logarithm of per capita gross domestic product and in°ation to the detrended
¯rst di®erence of the …