Inventory investment and the real interest rate
Article, Research, Preprint
- Publisher: Kiel: Kiel Institute for the World Economy (IfW)
Inventory investment,real interest rate | E22 | Lagerhaltungsmodell | Inventory investment | Lagerinvestition | real interest rate | Realzins | Theorie
The relationship between inventory investment and the real interest rate has been difficult to assess empirically. Recent work has proposed a linear-quadratic inventory model with time-varying discount factor to identify the effects of the real interest rate on inventor...