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An empirical study of the interrelationship between employment, price and inventory decisions in UK manufacturing

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Dolado, Juan J. (1988) An empirical study of the interrelationship between employment, price and inventory decisions in UK manufacturing. [ Documentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales; nº 02, 1988, ISSN: 2255-5471 ]

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Official URL: http://eprints.ucm.es/23035/




Abstract

This papel investigates the dynamic behaviour al employment, prices and inventories of finished goods when non-competitivo firms take joint decision rules based upon the optimisation of a certain intertemporal criterion function.
A theoretical model is developed to provide the specification of the Euler equations which characterize the previous optimal solutions. These are jointly estimated using data from tha manufacturing sector in the U.K., providing favourable evidence for the model.


Item Type:Working Paper or Technical Report
Uncontrolled Keywords:Employment, Price, UK manufacturing
Subjects:Social sciences > Economics > Labor
Social sciences > Economics > Industrial organization
Series Name:Documentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales
Volume:1988
Number:02
ID Code:23035
Deposited On:10 Oct 2013 11:33
Last Modified:22 Apr 2015 09:43

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