Incorporating inventories into supply and demand analysis
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.
|Date of creation:||1992|
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- Ackley, Gardner, 1983. "Commodities and Capital: Prices and Quantities," American Economic Review, American Economic Association, vol. 73(1), pages 1-16, March.
- G. C. Archibald & R. G. Lipsey, 1958. "Monetary and Value Theory: A Critique of Lange and Patinkin," Review of Economic Studies, Oxford University Press, vol. 26(1), pages 1-22.
- Harrison, Glenn W., 1980. "The stock-flow distinction: A suggested interpretation," Journal of Macroeconomics, Elsevier, vol. 2(2), pages 111-128.