Conventional wisdom has it that inventory investment destabilizes the economy because it is procyclical to sales. Khan and Thomas (2007) show that the conventional wisdom is wrong in a general equilibrium (S,s) model with capital. We argue that their …nding is not robust— the conventional wisdom can still hold in general equilibrium if …rms can adjust output by varying the capacity utilization ...

The prospect of speed reading--reading at an increased speed without any loss of comprehension--has undeniable appeal. Speed reading has been an intriguing concept for decades, at least since Evelyn Wood introduced her Reading Dynamics training program in 1959. It has recently increased in popularity, with speed-reading apps and technologies being introduced for smartphones and digital devices....

the tehran museum of contemporary art has held photo annual and biennial since 1366 and 12 exhibitions have been held so far; moreover, it is one of the most important places for presentation of photos and photographic thinking in country. ninth and eleventh iran photography biennial were similar approaches and artistic and creative photography was considered for photographers as a goal but so ...