Sexton, Robert L. and Clower, Robert W. and Graves, Philip E. and Lee, Dwight R. (1992): Incorporating inventories into supply and demand analysis. Published in: Atlantic Economic Journal , Vol. 20, No. 4 : pp. 41-45.
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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.
Item Type: | MPRA Paper |
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Original Title: | Incorporating inventories into supply and demand analysis |
Language: | English |
Keywords: | Inventories; supply and demand; business cycles; stocks versus flows |
Subjects: | D - Microeconomics > D5 - General Equilibrium and Disequilibrium A - General Economics and Teaching > A1 - General Economics B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models |
Item ID: | 19905 |
Depositing User: | Philip E. Graves |
Date Deposited: | 11 Jan 2010 07:35 |
Last Modified: | 01 Oct 2019 00:43 |
References: | Ackley, G. "Commodities and capital: prices and quantities." American Economic Review, 73 (March 1983), 1-16. Archibald, G.C. and R.G. Lipsey, "Monetary and value theory: a critique of Lange and Patinkin," Review of Economic Studies, 26 (October 1958), 1-22. Bushaw, D. and R. Clower, Introduction to Mathematical Economics, Homewood, IL: Richard D. Irwin, 1957. Chase, S. Asset prices in economic analysis, Berkeley: University of California Press, 1963. Clower, R. "An investigation into the dynamics of investment," American Economic Review, 44, 64-81. Hadar, J. "A note on stock flow models of consumer behavior," Quarterly Journal of Economics, 74 (May 1965), 304-309. Harrison, G. "The stock-flow distinction: A suggested interpretation," Journal of Macroeconomics, 2 (Spring 1980), 111-128. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/19905 |