INVENTORIES AND ADJUSTMENT IN A MICROFOUNDATIONS FRAMEWORK
HEYDAR POURIAN
(Assistant Professor of Finance, Western Carolina University, Cullowhee, North Carolina.)
Abstract
The level of inventories, particularly the finished‐goods inventories, is a good gauge of adjustment in inputs and outputs of the firms in a market economy and plays an important role in business fluctuations (see, e.g., Abramovitz, 1950, and Stanback, 1962).
Citation
POURIAN, H. (1984), "INVENTORIES AND ADJUSTMENT IN A MICROFOUNDATIONS FRAMEWORK", Studies in Economics and Finance, Vol. 8 No. 2, pp. 59-79. https://doi.org/10.1108/eb028648
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:MCB UP Ltd
Copyright © 1984, MCB UP Limited
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