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• W2166117860 abstract "The volatile fluctuations in automobile inventory levels are explained well by the stock-adjustment model estimated in this paper on monthly time-series data. In contrast to the findings of most previous inventory studies, fluctuations in financial inventory carrying costs (as measured by a service cost of capital) are found to influence the target auto stocks in both a statistically significant and economically important manner. Also, the speed-of-adjustment of automobile inventories to their target level is estimated to be relatively fast, about thirty percent per month." @default.
• W2166117860 created "2016-06-24" @default.
• W2166117860 creator A5024098361 @default.
• W2166117860 date "1981-07-01" @default.
• W2166117860 modified "2023-09-26" @default.
• W2166117860 title "A STUDY OF AUTOMOBILE INVENTORY INVESTMENT" @default.
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• W2166117860 doi "https://doi.org/10.1111/j.1465-7295.1981.tb00322.x" @default.
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