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http://hdl.handle.net/10419/46950
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| Title: | | Abnehmende Bedeutung der Lagerinvestitionen für den Konjunkturverlauf?  |
| Authors: | | Döpke, Jörg Langfeldt, Enno |
| Issue Date: | | 1997 |
| Series/Report no.: | | Kiel Working Papers 815 |
| Abstract (Translated): | | With the widespread application of inventory control Systems in industry and trade and a fast growing Services sector the influence of inventory changes on the business sector should become less important over time. However, the empirical eyidence for Germany in the period 1970-1994 shows that especially at cyclical turning-points inventory fluctuations continue to have a major impact on overall oütput. Additional research süggests that inventones in Germany are not part of the monetary transmission mechanism but work as an accelerator when there is a turnaround in final demand. |
| Subjects: | | Inventories business cycles |
| JEL: | | E32 E37 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
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