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Incorporating inventories into supply and demand analysis

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Author Info

  • Sexton, Robert L.
  • Clower, Robert W.
  • Graves, Philip E.
  • Lee, Dwight R.

Abstract

While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.

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File URL: http://mpra.ub.uni-muenchen.de/19905/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 19905.

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Date of creation: 1992
Date of revision:
Handle: RePEc:pra:mprapa:19905

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Related research

Keywords: Inventories; supply and demand; business cycles; stocks versus flows;

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References

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  1. Ackley, Gardner, 1983. "Commodities and Capital: Prices and Quantities," American Economic Review, American Economic Association, vol. 73(1), pages 1-16, March.
  2. Harrison, Glenn W., 1980. "The stock-flow distinction: A suggested interpretation," Journal of Macroeconomics, Elsevier, vol. 2(2), pages 111-128.
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Citations

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Cited by:
  1. Piet-Hein Van Eeghen, 2011. "Rethinking equilibrium conditions in macromonetary theory: A conceptually rigorous approach," Working Papers 255, Economic Research Southern Africa.
  2. Kakarot-Handtke, Egmont, 2010. "Axiomatic Basics of e-Economics," MPRA Paper 24331, University Library of Munich, Germany.

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