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来源类型Working Paper
规范类型报告
DOI10.3386/w10703
来源IDWorking Paper 10703
Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends
Valerie A. Ramey; Daniel J. Vine
发表日期2004-08-30
出版年2004
语种英语
摘要This note explains the diverging trends between real and nominal aggregate inventory-sales ratios. The combined effect of two features of the data explains the divergence. First, while aggregate sales include both goods and services, inventories include only goods. Second, there has been a strong secular decrease in the relative price of goods. The combination of these two factors causes the real and nominal aggregate inventory-sales ratios to have different trends.
主题Macroeconomics ; Consumption and Investment
URLhttps://www.nber.org/papers/w10703
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/568335
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GB/T 7714
Valerie A. Ramey,Daniel J. Vine. Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends. 2004.
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