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An Aggregate Dynamic Model of Short-Run Price and Output Behavior

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  • Louis J. Maccini

Abstract

I. Introduction, 177. — II. The representative firm model, 179. —III. Aggregate model, 185. — IV. Implications of the model, 192.

Suggested Citation

  • Louis J. Maccini, 1976. "An Aggregate Dynamic Model of Short-Run Price and Output Behavior," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(2), pages 177-196.
  • Handle: RePEc:oup:qjecon:v:90:y:1976:i:2:p:177-196.
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    File URL: http://hdl.handle.net/10.2307/1884626
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    Cited by:

    1. 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.
    2. Blinder, Alan S, 1982. "Inventories and Sticky Prices: More on the Microfoundations of Macroeconomics," American Economic Review, American Economic Association, vol. 72(3), pages 334-348, June.
    3. Matsumoto, Akio, 1998. "Non-linear structure of a Metzlerian inventory cycle model," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 481-492, January.

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