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Unemployment and Inventories in the Business Cycle

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  • Gerd Weinrich
  • Luca Colombo

Abstract

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Suggested Citation

  • Gerd Weinrich & Luca Colombo, 2003. "Unemployment and Inventories in the Business Cycle," Computing in Economics and Finance 2003 156, Society for Computational Economics.
  • Handle: RePEc:sce:scecf3:156
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    File URL: http://www2.unicatt.it/unicattolica/allegati/docenti/1998/materiale/Invent.pdf
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    References listed on IDEAS

    as
    1. Bignami, Fernando & Colombo, Luca & Weinrich, Gerd, 2004. "Complex business cycles and recurrent unemployment in a non-Walrasian macroeconomic model," Journal of Economic Behavior & Organization, Elsevier, vol. 53(2), pages 173-191, February.
    2. Colombo, Luca & Weinrich, Gerd, 2003. "The Phillips curve as a long-run phenomenon in a macroeconomic model with complex dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 28(1), pages 1-26, October.
    3. Muellbauer, John & Portes, Richard, 1978. "Macroeconomic Models with Quantity Rationing," Economic Journal, Royal Economic Society, vol. 88(352), pages 788-821, December.
    4. Green, Jerry, 1980. "On the Theory of Effective Demand," Economic Journal, Royal Economic Society, vol. 90(358), pages 341-353, June.
    5. repec:bla:scandj:v:87:y:1985:i:1:p:66-88 is not listed on IDEAS
    6. Weinrich, Gerd, 1982. "On the Theory of Effective Demand," Economic Journal, Royal Economic Society, vol. 92(365), pages 174-175, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Luca Colombo & Gerd Weinrich, 2006. "The Role of Expectations in a Macroeconomic Model with Inventories," Computing in Economics and Finance 2006 65, Society for Computational Economics.
    2. Gerd Weinrich & Luca Colombo, 2005. "Money, Inventories and Underemployment in Deflationary Recessions," Computing in Economics and Finance 2005 156, Society for Computational Economics.

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    More about this item

    Keywords

    Inventories; non-tatonnement; price adjustment; (non-)neutrality of money;
    All these keywords.

    JEL classification:

    • D45 - Microeconomics - - Market Structure, Pricing, and Design - - - Rationing; Licensing
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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