Inventories and the automobile market
نویسندگان
چکیده
منابع مشابه
Inventories and the automobile market
This paper studies the within-model-year pricing, production, and inventory management of new automobiles. Using new monthly data on U.S. transaction prices, we document that, for the typical vehicle, prices fall over the model year at a 9.0 percent annual rate. Concurrently, both sales and inventories are hump shaped. To explain these time series, we formulate an industry model for new automob...
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ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2011
ISSN: 0741-6261
DOI: 10.1111/j.1756-2171.2010.00128.x