Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 2 of 2.

  1. An empirical analysis of business cycles in a New Keynesian model with inventories
    Author: Förster, Marcel
    Published: 2014
    Publisher:  Univ., Dep. of Business Administration & Economics, Marburg

    This paper introduces inventories in an otherwise standard dynamic stochastic general equilibrium model. Firms accumulate inventories to facilitate sales, but face a cost of doing so in terms of costly storage of intermediate goods. Based on U.S.... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 102 (2014,13)
    Inter-library loan:
    No inter-library loan

     

    This paper introduces inventories in an otherwise standard dynamic stochastic general equilibrium model. Firms accumulate inventories to facilitate sales, but face a cost of doing so in terms of costly storage of intermediate goods. Based on U.S. data we estimate the parameters of our model using Bayesian methods. The results show that accounting for inventory dynamics has a significant impact on parameter estimates and the following analyses. We find that inventories enter the New Keynesian Phillips curve as an additional and significant driving variable and make the inflation process less backward-looking. Moreover, impulse responses can change in terms of magnitude and persistence. The variance decomposition reveals substantial changes regarding the driving forces of inflation and the nominal interest rate when we consider inventory holding.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/95892
    Edition: This version: 13 February 2014
    Series: Joint discussion paper series in economics ; 13-2014
    Subjects: Inventories; Bayesian Estimation; DSGE Model; Business Cycles
    Scope: Online-Ressource (48 S.), graph. Darst.
  2. Heuristics for the multi-product satiating newsboy problem
    Author: Khanra, Avijit; Soman, Chetan
    Published: 2014
    Publisher:  IIMA, Ahmedabad

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Speicherung
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Indian Institute of Management Ahmedabad ; 2014,01,02
    Subjects: Corporate profit; Inventories
    Scope: Online-Ressource (22 S.)