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The impact of trend and cyclical behaviour of inventories and inflation on barter

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  • Akbar Marvasti
  • David Smyth

Abstract

This paper extends analyses of the determinants of the level of transactions among barter exchanges in the US economy by separating the trend elements of the explanatory variables from their cyclical elements. The results suggest that the level of barter is positively influenced by the expected inflation as well as by the rising unexpected business inventories.

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  • Akbar Marvasti & David Smyth, 2001. "The impact of trend and cyclical behaviour of inventories and inflation on barter," Applied Economics Letters, Taylor & Francis Journals, vol. 8(5), pages 351-353.
    • Handle: RePEc:taf:apeclt:v:8:y:2001:i:5:p:351-353
    DOI: 10.1080/135048501750157648
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    Cited by:

    1. Marvasti, Akbar & Smyth, David, 2008. "Barter and Business Cycles: A Comment and Further Empirical Evidence," MPRA Paper 18258, University Library of Munich, Germany.

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