| 000 | 00000nam##2200000za#4500 |
| 001 | 9.614180 |
| 003 | CaOODSP |
| 005 | 20211126112847 |
| 007 | ta |
| 008 | 150406|1997||||xxc||||| f|0| 0 eng|d |
| 020 | |a0-662-26340-5 |
| 022 | |a1192-5434 |
| 040 | |aCaOODSP|beng |
| 043 | |an-cn--- |
| 086 | 1 |aFB3-2/97-19E |
| 110 | 2 |aBank of Canada. |
| 245 | 10|aModelling the behaviour of U.S. inventories : |ba Cointegration-Euler approach / |cby Iris Claus. |
| 260 | |aOttawa - Ontario : |bBank of Canada |c1997. |
| 300 | |a24p. : |bgraphs, references, tables ; |c28 cm. |
| 490 | 1 |aWorking paper|x1192-5434|v97-19 |
| 500 | |a"In this paper, the relative importance of the disequilibrium costs to adjustment costs of inventories is evaluated. An estimate of the rate of inventory adjustment towards its long-run equilibrium level is provided in the United States by means of a linear-quadratic model with integrated processes. A limited-information approach allows the time-series properties of the data to be exploited and consistent estimates of the structural parameters of the Euler equation obtained."--Abstract. |
| 520 | 3 |aIn this paper, the relative importance of the disequilibrium costs to adjustment costs of inventories is evaluated. An estimate of the rate of inventory adjustment towards its long-run equilibrium level is provided in the United States by means of a linear-quadratic model with integrated processes. A limited-information approach allows the time-series properties of the data to be exploited and consistent estimates of the structural parameters of the Euler equation obtained.--Abstract |
| 546 | |aRésumés en français |
| 563 | |aSoftcover |
| 590 | |a98-01|b1998-01-02 |
| 720 | 1 |aClaus, Iris |
| 776 | 0#|tModelling the behaviour of U.S. inventories : |w(CaOODSP)9.571665 |
| 830 | #0|aWorking paper,|x1192-5434|v97-19|w(CaOODSP)9.514622 |