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Evidence From Seven Countries on Whether Inventories Smooth Aggregate Output / Kenneth D. West.

NBER Working papers Available online

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Format:
Book
Author/Creator:
West, Kenneth D.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w2664.
NBER working paper series no. w2664
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1988.
Summary:
Casual examination of annual postwar data on inventories and aggregate output for seven developed countries -- Canada, France, West Germany, Italy, Japan, United Kingdom, United States -- suggests that in these countries the primary function of aggregate inventories is not to smooth aggregate output in the face of aggregate demand shocks. Japan is a possible exception to this generalization.
Notes:
Print version record
July 1988.

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