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Inventories cycles in an augmented R.B.C. model

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Date
1996-08
Notes
Proceedings of the Eighth International Symposium on Inventories
Dewey
Macroéconomie
Sujet
Demand shocks; RBC model; Business cycle; Inventories
JEL code
G31; E32
Journal issue
International Journal of Production Economics
Volume
45
Number
1-3
Publication date
08-1996
Article pages
9-19
Publisher
Elsevier
DOI
http://dx.doi.org/10.1016/0925-5273(95)00127-1
URI
https://basepub.dauphine.fr/handle/123456789/1911
Collections
  • LEDa : Publications
Metadata
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Author
Collard, Fabrice
Jacques, Jean-François
Type
Article accepté pour publication ou publié
Abstract (EN)
We propose an augmented version of the RBC model that can take into account the existence of lags in observation of demand shocks. This hypothesis seems to be a good framework to account for inventories fluctuations. We find some evidence showing the introduction of lag in observation as well as the existence of monetary shocks improve the ability of the model in matching the observed fluctuations.

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