Published July 1984
| public
Journal Article
An empirical analysis of backlog, inventory, production, and price adjustments: An application of recursive systems of log-linear models
- Creators
- Ottenwaelter, B.
- Vuong, Quang H.
Chicago
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Abstract
This article presents an empirical analysis of firms' order backlogs, inventories, production, and price adjustments to unanticipated demand shocks. The data are obtained from quarterly INSEE Business Survey Tests on firms' realizations, expectations, and appraisals of some various economic variables. The analysis is based on the formulation and the estimation of a recursive system of conditional log-linear probability models.
Additional Information
© 1984 American Statistical Association. A more detailed version of this article (Ottenwaelter and Vuong 1982) is available. This research was supported by the Centre National de la Recherche Scientifique (CNRS) under ERA 199. The authors are grateful to D. Grether, J. Link, G. Oudiz, M. Nerlove, and the referee for helpful criticism. Formerly SSWP 442.Additional details
- Eprint ID
- 83244
- Resolver ID
- CaltechAUTHORS:20171115-163603445
- Centre National de la Recherche Scientifique (CNRS)
- ERA 199
- Created
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2017-11-16Created from EPrint's datestamp field
- Updated
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2021-11-15Created from EPrint's last_modified field