Monetary Policy, Debt and the Cyclical Behavior of Inventories

An earlier study on the determinants of inventories investment has been proposed by Lovel (1961). However, the study fails to mention the effects of financial variables. The puzzle prevails on account of imperfect capital markets. This implies that interest rate generally affects inventory investmen...

Descripción completa

Detalles Bibliográficos
Autores principales: Abdul Ghafar Ismail, Zakaria Bahari
Formato: Artículo
Lenguaje:English
Publicado: Universitas Gadjah Mada 2007-01-01
Colección:Gadjah Mada International Journal of Business
Materias:
Acceso en línea:https://jurnal.ugm.ac.id/gamaijb/article/view/5604