The Great Moderation: Inventories, Shocks or Monetary Policy?

This paper presents a New Keynesian DSGE model with inventory holding firms. The model distinguishes between goods and materials, for both production as well as for inventories. The more detailed treatment of inventory holdings offers new insights into the determinants of business cycles before and...

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Bibliografske podrobnosti
izdano v:MAGKS - Joint Discussion Paper Series in Economics (Band 48-2013)
Glavni avtor: Förster, Marcel
Format: Artikel
Jezik:angleščina
Izdano: Philipps-Universität Marburg 2013
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