Inventory Dynamics in a Simple Disequilibrium Macroeconomic Model
- 1 January 1980
- journal article
- Published by JSTOR in The Scandinavian Journal of Economics
- Vol. 82 (2) , 184
- https://doi.org/10.2307/3439854
Abstract
A simple piecewise linear macroeconomic model with buffer stock inventories is formulated and analyzed in this paper. Buffer stocks partly eliminate rationing o...Keywords
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