Has Inventory Investment Been Liquidity-Constrained? : Evidence From U.S. Panel Data /
Based on an analysis of high-frequency panel data for U.S. firms, this paper finds that inventory investment has been liquidity-constrained in most periods during 1975-97, but less so, or not at all, during recessions. This result can be justified on the grounds that inventory fluctuations are large...
| मुख्य लेखक: | |
|---|---|
| अन्य लेखक: | |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2001/122 |
| ऑनलाइन पहुंच: | Full text available on IMF |