Registro completo de metadatos
Campo DC | Valor |
---|---|
dc.contributor.author | Camacho, Máximo |
dc.contributor.author | Pérez Quirós, Gabriel |
dc.contributor.author | Rodríguez Mendizábal, Hugo |
dc.date.accessioned | 2019-08-10T17:55:11Z |
dc.date.available | 2019-08-10T17:55:11Z |
dc.date.issued | 2009-08-21 |
dc.identifier.issn | ISSN: 0213-2710 (en papel) |
dc.identifier.issn | ISSN: 1579-8666 (en línea) |
dc.identifier.uri | https://repositorio.bde.es/handle/123456789/6994 |
dc.description.abstract | We present evidence about the loss of the so-called "plucking effect", that is, a high-growth phase of the cycle typically observed at the end of recessions. This result matches the belief, presented informally by different authors, that recession may have now permanent effects, or recession have now an L shape versus old-time recessions that always had a V shape. We also show that the loss of the "plucking effect" can explain part of the Great Moderation. We postulate that these two phenomena may be due to changes in inventory management brought about by improvements in information and communications technologies |
dc.format.extent | 45 p. : fórmulas, gráf., tab. |
dc.language.iso | eng |
dc.publisher | Banco de España |
dc.relation.ispartof | Documentos de Trabajo / Banco de España, 0917 |
dc.rights | Reconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0) |
dc.rights | In Copyright - Non Commercial Use Permitted |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES |
dc.rights.uri | http://rightsstatements.org/vocab/InC-NC/1.0/ |
dc.subject | Business cycle features |
dc.subject | Great Moderation |
dc.subject | High-growth recovery |
dc.title | High-growth recoveries, inventories and the Great Moderation |
dc.type | Documento de trabajo |
dc.identifier.bdebib | 000263288 |
dc.identifier.bdepub | DTRA-200917-eng |
dc.subject.bde | Fluctuaciones y ciclos económicos |
dc.subject.bde | Modelos de series temporales |
dc.subject.bde | Técnicas de gestión de empresas : decisiones, previsiones y estrategias |
dc.publisher.bde | Madrid : Banco de España, 2009 |
dc.subject.jel | E32 |
dc.subject.jel | F02 |
dc.subject.jel | C22 |