Wang, Peng-Fei; Wen, Yi - 2009
greatly amplify but
also propagate the business cycle. That is, the incentive to accumulate inventories under the
cost … the (S,s) rule) does not increase the variance of aggregate output.
Keywords: Inventories, Accelerator, Business Cycle … to its importance in business �uctuations, inventory investment must be the most under-
researched aspect of …