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...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2010
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| Series: | IMF Working Papers; Working Paper ;
No. 2010/212 IMF eLibrary |
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