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All co-authors inventory inventories equilibrium output model konjunktur sticky cost motive preisrigidität accelerator look prices persistence dynamics production smoothing sales aggregate investment predictions lagermanagement lagerzyklus lagerinvestition schätzung estimation endogenous money price comment monetary non neutrality inflation develop explicit micro foundations embedding eichenbaum aer standard dsge firms facing idiosyncratic shocks incentives bunch smooth carrying optimal target firm derived explicitly broadly consistent observed stylized facts fluctuations procyclical counter cyclical ratio addition yields novel role macroeconomic stability greatly amplify propagate business cycle incentive accumulate rise hump shaped significantly higher volatility gdp sharp contrast implications recent literature khan thomas shows induced traditional mechanisms stock avoidance rule
Composed business cycle price stickiness inventory accelerator accelerator equilibrium equilibrium inventory look sticky sticky prices prices output output persistence cost smoothing smoothing motive inventory investment warehouse management inventory cycle neoklassische synthese neoclassical synthesis 1950 2003 equilibrium look persistence look persistence endogenous endogenous money money sticky sticky price price comment comment monetary monetary non non neutrality neutrality inflation inflation dynamics dynamics develop develop equilibrium equilibrium model model inventories inventories explicit explicit micro micro foundations foundations embedding embedding production production cost motive eichenbaum eichenbaum aer aer standard standard dsge dsge model model firms firms facing facing idiosyncratic idiosyncratic cost cost shocks shocks incentives incentives bunch bunch production production smooth smooth sales sales carrying carrying inventories inventories optimal optimal inventory inventory target target firm firm derived derived explicitly explicitly model model broadly broadly consistent consistent observed observed stylized stylized facts facts aggregate aggregate inventory fluctuations procyclical investment counter cyclical inventory inventory sales sales ratio addition model inventories macroeconomic motive rise rise hump motive rule output
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The information on the author is retrieved from: Entity Facts (by DNB = German National Library data service), DBPedia and Wikidata
Peng-Fei Wang B: 1976 Biblio: Diss. Fakultät für Elektrotechnik und Informationstechnik, geb. in Wenzhou, China
Q132980494
Publishing years Series Working paper (2) CAE working paper (2) FRB of St. Louis Working Paper (1) 
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