Production management, output volatility, and good luck
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Marianne Sensier & Dick van Dijk, 2004.
"Testing for Volatility Changes in U.S. Macroeconomic Time Series,"
The Review of Economics and Statistics, MIT Press, vol. 86(3), pages 833-839, August.
- M Sensier & D van Dijk, 2003. "Testing for Volatility Changes in US Macroeconomic Time Series," Centre for Growth and Business Cycle Research Discussion Paper Series 36, Economics, The University of Manchester.
- King, Robert G. & Rebelo, Sergio T., 1999.
"Resuscitating real business cycles,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 14, pages 927-1007,
Elsevier.
- Robert G. King & Sergio T. Rebelo, 2000. "Resuscitating Real Business Cycles," NBER Working Papers 7534, National Bureau of Economic Research, Inc.
- Robert G. King & Sergio T. Rebelo, 2000. "Resuscitating Real Business Cycles," RCER Working Papers 467, University of Rochester - Center for Economic Research (RCER).
- Bivin, David G., 2008. "Production stability in a supply-chain environment," International Journal of Production Economics, Elsevier, vol. 114(1), pages 265-275, July.
- Kydland, Finn E & Prescott, Edward C, 1982.
"Time to Build and Aggregate Fluctuations,"
Econometrica, Econometric Society, vol. 50(6), pages 1345-1370, November.
- Finn E. Kydland & Edward C. Prescott, 1982. "Executable program for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4, Quantitative Macroeconomics & Real Business Cycles.
- Finn E. Kydland & Edward C. Prescott, 1982. "Web interface for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4a, Quantitative Macroeconomics & Real Business Cycles.
- Hirsch, Albert A., 1996. "Has inventory management in the US become more efficient and flexible? A macroeconomic perspective," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 37-46, August.
- Alan S. Blinder & Louis J. Maccini, 1991. "Taking Stock: A Critical Assessment of Recent Research on Inventories," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 73-96, Winter.
- Humphreys, Brad R. & Maccini, Louis J. & Schuh, Scott, 2001.
"Input and output inventories,"
Journal of Monetary Economics, Elsevier, vol. 47(2), pages 347-375, April.
- Brad R Humphreys & Louis J Maccini & Scott Schuh, 1997. "Input and Output Inventories," Economics Working Paper Archive 391, The Johns Hopkins University,Department of Economics.
- Brad R Humphreys & Louis J Maccini & Scott Schuh, 2000. "Input and Output Inventories," Economics Working Paper Archive 426, The Johns Hopkins University,Department of Economics.
- Brad R. Humphreys & Louis J. Maccini & Scott Schuh, 1997. "Input and output inventories," Working Papers 97-7, Federal Reserve Bank of Boston.
- Aubhik Khan & Julia K. Thomas, 2007.
"Inventories and the Business Cycle: An Equilibrium Analysis of ( S , s ) Policies,"
American Economic Review, American Economic Association, vol. 97(4), pages 1165-1188, September.
- Aubhik Khan & Julia K. Thomas, 2002. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Working Papers 02-20, Federal Reserve Bank of Philadelphia.
- Aubhik Khan & Julia Thomas, 2003. "Inventories and the Business Cycle: An Equilibrium Analysis of (S,s) Policies," NBER Working Papers 10078, National Bureau of Economic Research, Inc.
- Aubhik Khan & Julia K. Thomas, 2003. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Staff Report 329, Federal Reserve Bank of Minneapolis.
- Aubhik Khan & Julia K. Thomas, 2004. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Working Papers 04-11, Federal Reserve Bank of Philadelphia.
- Margaret M. McConnell & Gabriel Perez-Quiros, 2000.
"Output fluctuations in the United States: what has changed since the early 1980s?,"
Proceedings, Federal Reserve Bank of San Francisco, issue Mar.
- Gabriel Perez-Quiros & Margaret M. McConnell, 2000. "Output Fluctuations in the United States: What Has Changed since the Early 1980's?," American Economic Review, American Economic Association, vol. 90(5), pages 1464-1476, December.
- Margaret M. McConnell & Gabriel Perez-Quiros, 1997. "Output fluctuations in the United States: what has changed since the early 1980s?," Research Paper 9735, Federal Reserve Bank of New York.
- Margaret M. McConnell & Gabriel Perez-Quiros, 1998. "Output fluctuations in the United States: what has changed since the early 1980s?," Staff Reports 41, Federal Reserve Bank of New York.
- James A. Kahn & Margaret M. McConnell & Gabriel Perez-Quiros, 2002. "On the causes of the increased stability of the U.S. economy," Economic Policy Review, Federal Reserve Bank of New York, vol. 8(May), pages 183-202.
- Wen, Yi, 2005.
"Understanding the inventory cycle,"
Journal of Monetary Economics, Elsevier, vol. 52(8), pages 1533-1555, November.
- Wen, Yi, 2002. "Understanding the Inventory Cycle," Working Papers 02-04, Cornell University, Center for Analytic Economics.
- Christiano, Lawrence J., 1988. "Why does inventory investment fluctuate so much?," Journal of Monetary Economics, Elsevier, vol. 21(2-3), pages 247-280.
- Michael C. Lovell, 1962. "Inventory Investment," Cowles Foundation Discussion Papers 131, Cowles Foundation for Research in Economics, Yale University.
- Shaghil Ahmed & Andrew Levin & Beth Anne Wilson, 2004.
"Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?,"
The Review of Economics and Statistics, MIT Press, vol. 86(3), pages 824-832, August.
- Shaghil Ahmed & Andrew T. Levin & Beth Anne Wilson, 2002. "Recent U.S. macroeconomic stability: good policies, good practices or good luck?," International Finance Discussion Papers 730, Board of Governors of the Federal Reserve System (U.S.).
- Ramey, Valerie A & Vine, Daniel J, 2004.
"Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(5), pages 959-963, October.
- Valerie A. Ramey & Daniel J. Vine, 2004. "Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends," NBER Working Papers 10703, National Bureau of Economic Research, Inc.
- Milgrom, Paul & Roberts, John, 1990. "The Economics of Modern Manufacturing: Technology, Strategy, and Organization," American Economic Review, American Economic Association, vol. 80(3), pages 511-528, June.
- E. S. Mills, 1954. "Expectations, Uncertainty and Inventory Fluctuations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 22(1), pages 15-22.
- Thomas F. Siems, 2005. "Supply chain management: the science of better, faster, cheaper," Southwest Economy, Federal Reserve Bank of Dallas, issue Mar, pages 1,7-12.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bivin, David G., 2008. "Production stability in a supply-chain environment," International Journal of Production Economics, Elsevier, vol. 114(1), pages 265-275, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Matteo Iacoviello & Fabio Schiantarelli & Scott Schuh, 2011.
"Input And Output Inventories In General Equilibrium,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(4), pages 1179-1213, November.
- Matteo Iacoviello & Fabio Schiantarelli & Scott Schuh, 2007. "Input and Output Inventories in General Equilibrium," Boston College Working Papers in Economics 658, Boston College Department of Economics, revised 23 Oct 2009.
- Matteo Iacoviello & Fabio Schiantarelli & Scott Schuh, 2010. "Input and output inventories in general equilibrium," International Finance Discussion Papers 1004, Board of Governors of the Federal Reserve System (U.S.).
- Matteo Iacoviello & Fabio Schiantarelli & Scott Schuh, 2007. "Input and output inventories in general equilibrium," Working Papers 07-16, Federal Reserve Bank of Boston.
- Yi Wen, 2011.
"Input and Output Inventory Dynamics,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 3(4), pages 181-212, October.
- Yi Wen, 2009. "Input and output inventory dynamics," Working Papers 2008-008, Federal Reserve Bank of St. Louis.
- Yi Wen, 2011. "Input and output inventory dynamics," Working Papers 2011-008, Federal Reserve Bank of St. Louis.
- Aubhik Khan & Julia K. Thomas, 2004.
"Modeling Inventories Over the Business Cycle,"
NBER Working Papers
10652, National Bureau of Economic Research, Inc.
- Julia K. Thomas & Aubhik Khan, 2005. "Modeling Inventories Over the Business Cycle," 2005 Meeting Papers 182, Society for Economic Dynamics.
- Aubhik Khan & Julia K. Thomas, 2004. "Modeling inventories over the business cycle," Working Papers 04-13, Federal Reserve Bank of Philadelphia.
- Aubhik Khan & Julia K. Thomas, 2004. "Modeling inventories over the business cycle," Staff Report 343, Federal Reserve Bank of Minneapolis.
- Zhiwei Xu & Yi Wen & pengfei Wang, 2012. "When Do Inventories Destabilize the Economy? ---A Tractable Approach to (S,s) Policies," 2012 Meeting Papers 288, Society for Economic Dynamics.
- Yi Wen, 2008. "Inventories, liquidity, and the macroeconomy," Working Papers 2008-045, Federal Reserve Bank of St. Louis.
- Leonardo Auernheimer & Danilo Trupkin, 2014.
"The Role of Inventories and Capacity Utilization as Shock Absorbers,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(1), pages 70-85, January.
- Leonardo Auernheimer & Danilo Trupkin, 2013. "Online Appendix to "The role of inventories and capacity utilization as shock absorbers"," Online Appendices 12-159, Review of Economic Dynamics.
- Dai Tiantian & Liu Xiangbo & Sun Wei, 2020. "The effects of monetary policy on input inventories," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-34, January.
- Martin Boileau & Marc-Andre Letendre, 2011. "Inventories, sticky prices, and the persistence of output and inflation," Applied Economics, Taylor & Francis Journals, vol. 43(10), pages 1161-1174.
- Gottfries, Nils & Mickelsson, Glenn & Stadin, Karolina, 2018. "Deep Dynamics," Working Paper Series 2018:10, Uppsala University, Department of Economics.
- Bivin, David G., 2008. "Production stability in a supply-chain environment," International Journal of Production Economics, Elsevier, vol. 114(1), pages 265-275, July.
- Nils Gottfries & Glenn Mickelsson & Karolina Stadin, 2021. "Deep Dynamics," CESifo Working Paper Series 8873, CESifo.
- Thomas A. Lubik & Wing Leong Teo, 2009.
"Inventories and optimal monetary policy,"
Economic Quarterly, Federal Reserve Bank of Richmond, vol. 95(Fall), pages 357-382.
- Thomas A. Lubik & Wing Leong Teo, 2009. "Inventories and Optimal Monetary Policy," School of Economics and Public Policy Working Papers 2009-33, University of Adelaide, School of Economics and Public Policy.
- Thomas A. Lubik & Wing Leong Teo, 2010. "Inventories and Optimal Monetary Policy," CAMA Working Papers 2010-07, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Thomas A. Lubik & Wing Leong Teo, 2009. "Inventories and Optimal Monetary Policy," Discussion Papers 09/06, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
- F. Owen Irvine & Scott Schuh, 2007.
"The roles of comovement and inventory investment in the reduction of output volatility,"
Proceedings, Federal Reserve Bank of San Francisco, issue Nov.
- F. Owen Irvine & Scott Schuh, 2005. "The roles of comovement and inventory investment in the reduction of output volatility," Working Papers 05-9, Federal Reserve Bank of Boston.
- Teo, Wing Leong, 2011. "Inventories and optimal monetary policy in a small open economy," Journal of International Money and Finance, Elsevier, vol. 30(8), pages 1719-1748.
- James Morley & Aarti Singh, 2016.
"Inventory Shocks and the Great Moderation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(4), pages 699-728, June.
- James Morley & Aarti Singh, 2015. "Inventory Shocks and the Great Moderation," Discussion Papers 2012-42B, School of Economics, The University of New South Wales.
- Schwartzman, Felipe, 2014.
"Time to produce and emerging market crises,"
Journal of Monetary Economics, Elsevier, vol. 68(C), pages 37-52.
- Felipe Schwartzman, 2010. "Time to produce and emerging market crises," Working Paper 10-15, Federal Reserve Bank of Richmond.
- Bivin, David G., 2006. "Industry evidence of enhanced production stability since 1984," International Journal of Production Economics, Elsevier, vol. 103(1), pages 438-448, September.
- Aubhik Khan & Julia K. Thomas, 2007.
"Inventories and the Business Cycle: An Equilibrium Analysis of ( S , s ) Policies,"
American Economic Review, American Economic Association, vol. 97(4), pages 1165-1188, September.
- Aubhik Khan & Julia K. Thomas, 2002. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Working Papers 02-20, Federal Reserve Bank of Philadelphia.
- Aubhik Khan & Julia K. Thomas, 2003. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Staff Report 329, Federal Reserve Bank of Minneapolis.
- Aubhik Khan & Julia Thomas, 2003. "Inventories and the Business Cycle: An Equilibrium Analysis of (S,s) Policies," NBER Working Papers 10078, National Bureau of Economic Research, Inc.
- Aubhik Khan & Julia K. Thomas, 2004. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Working Papers 04-11, Federal Reserve Bank of Philadelphia.
- Sarte, Pierre-Daniel & Schwartzman, Felipe & Lubik, Thomas A., 2015.
"What inventory behavior tells us about how business cycles have changed,"
Journal of Monetary Economics, Elsevier, vol. 76(C), pages 264-283.
- Thomas A. Lubik & Pierre-Daniel G. Sarte & Felipe Schwartzman, 2014. "What Inventory Behavior Tells Us About How Business Cycles Have Changed," Working Paper 14-6, Federal Reserve Bank of Richmond.
- Maccini, Louis J. & Moore, Bartholomew & Schaller, Huntley, 2015.
"Inventory behavior with permanent sales shocks,"
Journal of Economic Dynamics and Control, Elsevier, vol. 53(C), pages 290-313.
- Louis J. Maccini & Bartholomew Moore & Huntley Schaller, 2013. "Inventory Behavior with Permanent Sales Shocks," Fordham Economics Discussion Paper Series dp2013-03, Fordham University, Department of Economics.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:dyncon:v:32:y:2008:i:7:p:2118-2136. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jedc .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.