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Inventory behavior with permanent sales shocks

Maccini, Louis J.; Moore, Bartholomew John; Schaller, … - In: Journal of economic dynamics & control 53 (2015), pp. 290-313

Persistent link: https://www.econbiz.de/10011526965

Centralized versus Decentralized Inventory Control in Supply Chains and the Bullwhip Effect

Zhan, Qu; Raff, Horst - 2017

This paper constructs a model of a supply chain to examine how demand volatility is passed upstream through the chain. In particular, we seek to determine how likely it is that the chain experiences a bullwhip effect, where the variance of the upstream firm's production exceeds the variance of...

Persistent link: https://www.econbiz.de/10011736756

Centralized versus decentralized inventory control in supply chains and the bullwhip effect

Zhan, Qu; Raff, Horst - 2017

Persistent link: https://www.econbiz.de/10011820911

Modelling the Price of Industrial Commodities

Baldursson, Fridrik Mar - 1999

, investment in inventories occurs because of expectations of future price rises. The effect of inventory speculation is therefore … inventories of primary commodities. The predictions of the model are then compared to real data on the aluminium market. In a … inventories exhibit characteristics similar to the real series: volatile prices, asymmetric adjustment of production to price …

Persistent link: https://www.econbiz.de/10014178075

Reviewing Theories of Labor Economics and Applications in Developing Countries with Special Reference to Sudan

Mohamed, Issam A.W - 2011

Labor wages, employment rates, strategies and policies are completely ignored if not totally missing in Sub Saharan Africa. That represents a potential reason for poverty and popular discontent and expressed by rebellions, revolts and civil uprisings in many countries as we have seen in the past...

Persistent link: https://www.econbiz.de/10014180562

Inside the European Union : A Macroeconomic Diagnosis of Romania At the Moment of Integration

Zaman, Constantin - 2009

Romania joined the European Union after many years of uneven efforts and uncertainty about the effective date of integration. In this paper we try to evaluate the economic situation of Romania at the moment of joining the European Union. We try to identify the main macroeconomic developments...

Persistent link: https://www.econbiz.de/10014053164

Investment, Capacity, and Output : A Putty-Clay Approach

Williams, John C.; Gilchrist, Simon - 1999

In this paper, we embed the microeconomic decisions associated with investment under uncertainty, capacity utilization, and machine replacement in a general equilibrium model based on putty-clay technology. We show that the combination of log-normally distributed idiosyncratic productivity...

Persistent link: https://www.econbiz.de/10014203050

Sources of Economic Growth in Indonesia, 1966-2003

Hossain, Akhand Akhtar - 2008

This paper undertakes an empirical investigation of factors that contributed to economic growth in Indonesia for the period 1966 to 2003. A Cobb-Douglas production function is estimated with a time trend to capture the rate of technological progress within a cointegral and error-correction...

Persistent link: https://www.econbiz.de/10014215456

A Model for Estimating Duration Phenomena : The Length of Economic Reforms

Zaman, Constantin - 2008

This paper proposes a model for optimizing the duration of transition under the assumption that the government main goal is to minimize the social cost of reforms. At the beginning of transition there are two main sectors in the economy: an old technology sector - mainly the public one - where...

Persistent link: https://www.econbiz.de/10014219477

The Augmented Solow Model and the Productivity Slowdown

Hamilton, James D.; Monteagudo, Josefa - 2001

This paper notes that the Mankiw, Romer, and Weil formulation of the augmented Solow growth model has implications not only for the steady-state growth rates but also for how these growth rates would change if there are changes in fundamentals. The analysis supports several of Mankiw, Romer, and...

Persistent link: https://www.econbiz.de/10014222193