Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States:
In the United States and a few European countries, inventory behavior is mainly the outcome of demand shocks: a standard buffer-stock model best characterizes these economies. But most European countries are described by a modified buffer-stock model where supply shocks dominate. In contrast to the...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2010
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Schriftenreihe: | IMF Working Papers
Working Paper No. 10/212 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | In the United States and a few European countries, inventory behavior is mainly the outcome of demand shocks: a standard buffer-stock model best characterizes these economies. But most European countries are described by a modified buffer-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe. Moreover, inventories provide limited information to improve growth forecasts particularly when a modified buffer-stock model characterizes inventory behavior |
Beschreibung: | 1 Online-Ressource (38 p) |
ISBN: | 1455205435 9781455205431 |
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spelling | Hoffmaister, Alexander W. Verfasser aut Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States Hoffmaister, Alexander W Washington, D.C International Monetary Fund 2010 1 Online-Ressource (38 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 10/212 In the United States and a few European countries, inventory behavior is mainly the outcome of demand shocks: a standard buffer-stock model best characterizes these economies. But most European countries are described by a modified buffer-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe. Moreover, inventories provide limited information to improve growth forecasts particularly when a modified buffer-stock model characterizes inventory behavior Online-Ausg Clausen, Jens R. Sonstige oth http://elibrary.imf.org/view/IMF001/11281-9781455205431/11281-9781455205431/11281-9781455205431.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Hoffmaister, Alexander W. Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States |
title | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States |
title_auth | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States |
title_exact_search | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States |
title_exact_search_txtP | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States |
title_full | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States Hoffmaister, Alexander W |
title_fullStr | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States Hoffmaister, Alexander W |
title_full_unstemmed | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States Hoffmaister, Alexander W |
title_short | Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States |
title_sort | cyclical behavior of inventories and growth projections recent evidence from europe and the united states |
url | http://elibrary.imf.org/view/IMF001/11281-9781455205431/11281-9781455205431/11281-9781455205431.xml |
work_keys_str_mv | AT hoffmaisteralexanderw cyclicalbehaviorofinventoriesandgrowthprojectionsrecentevidencefromeuropeandtheunitedstates AT clausenjensr cyclicalbehaviorofinventoriesandgrowthprojectionsrecentevidencefromeuropeandtheunitedstates |