We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Input and Output Inventories in General Equilibrium.
- Authors
Iacoviello, Matteo; Schiantarelli, Fabio; Schuh, Scott
- Abstract
The article discusses a study on the economic determinants of inventory holding, examined separately based on input and output components, and their role in transmitting shocks throughout the U.S. economy. The research aims to provide a data-consistent, structural decomposition of the Great Moderation using an estimated two-sector dynamic stochastic general equilibrium (DSGE) model. Data on inventories from Q1 1960 to Q4 2004 were analyzed based on resulting structural changes and output volatility. Implications for further research are also drawn.
- Subjects
UNITED States; ECONOMIC research; INVENTORY accounting; INVENTORY control; BUSINESS cycles; ECONOMIC activity
- Publication
Research Review, 2007, Issue 8, p32
- ISSN
1552-2814
- Publication type
Article