Download or read book Inventory Investment and the Rate of Interest written by William H. White and published by . This book was released on 1962 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory Investment and the Real Interest Rate written by Sadaquat Junayed and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between inventory investment and the real interest rate has been difficult to assess empirically. Recent work has proposed a linear-quadratic inventory model with time-varying discount factor to identify the effects of the real interest rate on inventory investment. The authors show that this framework does not separately identify the effects of real interest rate on inventory investment from variables that determine the expected marginal cost of production. In other words, the model does not deliver a testable restriction on the impact of interest rates on inventory investment. The authors highlight the consequences for both short- and long-run empirical analyses. They conclude that understanding the relationship between inventory investment and the real interest rate continues to be a theoretical and empirical challenge for macroeconomists. -- Inventory investment ; real interest rate

Download or read book Interest Rate Volatility and Inventory Investment written by Yea-Mow Chen and published by . This book was released on 1984 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Interest Rate Learning and Inventory Investment written by Louis J. Maccini and published by . This book was released on 2003 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: We derive parametric tests for the role of the interest rate in specifications based on the firm's optimization problem. These Euler equation and decision rule tests mirror earlier evidence, finding little role for the interest rate. We present a simple and intuitively appealing explanation, based on regime switching in the real interest rate and learning, of why tests based on the stock adjustment model, the Euler equation, and decision rule - all of which emphasize short-run fluctuations in inventories and the interest rate - are unlikely to uncover a relationship. Our analysis suggests that inventories will not respond much to short-run fluctuations in the interest rate, but they should respond to long-run movements. Both simple and sophisticated tests confirm our predictions and show a highly significant long-run relationship between inventories and the interest rate. A formal model of our explanation yields a previously untested implication that is supported by the data. Keywords: Inventories, Interest Rates, Learning. JEL Classifications: E22.

Download or read book Inventory Investment and the Rate of Interest written by William Harold White and published by . This book was released on 1962 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory investment and the rate of interest Wash Brookings Institution 1962 44p written by William Harold White and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Production Planning Real Interest Rates and Inventory Investment written by Che S. Tsao and published by . This book was released on 1984 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory Investment and the Cost of Capital written by Christopher S. Jones and published by . This book was released on 2012 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the relation between inventory investment and the cost of capital in the time series and the cross section. We find consistent evidence that risk premia, rather than real interest rates, are strongly negatively related to future inventory growth at the aggregate, industry, and firm levels. The effect is stronger for firms in industries that produce durables rather than nondurables, exhibit greater cyclicality in sales, require longer lead times, and are subject to more technological innovation. We then construct a production-based asset pricing model with two types of capital, fixed capital and inventories, to explain these empirical findings. Convex adjustment costs and a countercyclical price of risk lead to negative time series and cross sectional relations between expected returns and inventory growth.

Download or read book Two Studies of Inventory Investment written by Valerie Ann Ramey and published by . This book was released on 1987 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Imputed Interest Rates on Inventory Management written by Salvatore Dominic Costella and published by . This book was released on 1967 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Role of Loan Market Spillovers and the Loan Rate of Interest in Total Inventory Investments written by Central Bank of Ireland (1943-2003) and published by . This book was released on 1984 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Has Inventory Investment Been Liquidity constrained written by Woon Gyu Choi and published by . This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory Fluctuations and Economic Stabilization written by United States. Congress. Joint Economic Committee and published by . This book was released on 1961 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory Fluctuations and Economic Stabilization written by and published by . This book was released on 1961 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory Fluctuations and Economic Stabilization written by United States. Congress. Joint Economic Committee and published by . This book was released on 1961 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomics written by Robert J. Rossana and published by Routledge. This book was released on 2011-02-25 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in macroeconomics in the last thirty years has featured, almost exclusively on two characteristics: an emphasis on the microfoundations of macroeconomics and secondly, intertemporal economics, that is, the behavior of economic actors over time. Curiously, textbooks in intermediate macroeconomics have been very slow to adopt these traits. The aim of this book is to bring intermediate instruction in macroeconomics fully into line with the direction taken by the research community. Key hallmarks of the text include: a full introduction to the microfoundations of consumption and investment a complete model of the labor market with profit maximization for firms to determine labor demand and a utility maximization model to determine labor supply an analysis of the Baumol-Tobin model to determine money demand accompanied by a discussion of traditional money supply Possessing a full range of additional learning features including a companion website, test bank and instructor’s manual, the book takes an international view of macroeconomics with case studies and examples from the United States and beyond.

Download or read book Macroeconomics written by HL Ahuja and published by S. Chand Publishing. This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics - Theory and Policy provides a comprehensive coverage of all the important theories and policies of macroeconomics. The book is an exhaustive text for understanding all the relevant concepts and current developments in the subject. It traces the relevance of Keynesian theories to the developing economies and has critically examined the post-Keynesian developments.