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Eidgenössische Technische Hochschule (ETH) Zürich >
KOF Konjunkturforschungsstelle, ETH Zürich >
KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/50442
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Abrahamsen, Yngve | | en_US |
| dc.contributor.author | | Hartwig, Jochen | | en_US |
| dc.date.accessioned | | 2011-03-25 | | en_US |
| dc.date.accessioned | | 2011-10-06T15:41:41Z | | - |
| dc.date.available | | 2011-10-06T15:41:41Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.pi | | doi:10.3929/ethz-a-006341658 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/50442 | | - |
| dc.description.abstract | | The paper investigates the nexus between inventory investment and the change in aggregate production for 29 European countries over the period 2000-2009. A special interest is taken in the Great Recession of 2008/09. For most countries, a fairly uniform pattern emerges. Inventory investment is positively correlated with changes in production and follows the latter with a time-lag of two to three quarters. Therefore, there is no evidence that inventory investment either drives or smoothes the business cycle. Very few countries - Austria, Greece, Spain, and Switzerland - diverge from the typical pattern. This might hint to problems with respect to data quality. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | KOF Zürich | | en_US |
| dc.relation.ispartofseries | | KOF working papers // KOF Swiss Economic Institute, ETH Zurich 271 | | en_US |
| dc.subject.jel | | E22 | | en_US |
| dc.subject.jel | | E32 | | en_US |
| dc.subject.jel | | O52 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Inventory investment | | en_US |
| dc.subject.keyword | | production | | en_US |
| dc.subject.keyword | | business cycle | | en_US |
| dc.subject.keyword | | Great Recession in Europe | | en_US |
| dc.subject.stw | | Lagerinvestition | | en_US |
| dc.subject.stw | | Gesamtwirtschaftliche Produktion | | en_US |
| dc.subject.stw | | Europa | | en_US |
| dc.title | | Inventory investment and production in Europe: Is there a pattern? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 654818967 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich
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