The Sources of Fluctuations in Aggregate Inventories and GNP
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A simple real linear-quadratic inventory model is used to determine how cost and demand shocks interacted to cause fluctuations in aggregate GNP and inventories in the U.S., 1947-1986. Cost shocks appear to be the predominant source of fluctuations in inventories, and are largely responsible for the
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美国国家经济研究局创建时间：
1989-06-01
