EMINENT PAPER SERIES — WHY DO INVENTORIES RISE WHEN DEMAND FALLS IN HOUSING AND OTHER MARKETS?

2012 ◽  
Vol 57 (02) ◽  
pp. 1250007 ◽  
Author(s):  
EDWARD P. LAZEAR

Inventories and price changes are correlated. The inverse relation is most obvious in housing where inventories build in low-demand markets and shrink in high-demand markets. This is a puzzle. Symmetry of information among buyers and sellers would seem to imply that sellers would change their reservation value by the amount that buyers change their offers. Because there is heterogeneity among buyers in the valuation of a given house, sellers set prices strategically. When demand falls, sellers rationally lower their prices, but not by enough to keep the probability of sale constant. As a result, inventories grow.

1965 ◽  
Vol 8 (4) ◽  
pp. 323-347
Author(s):  
Robert Goldstein ◽  
Benjamin RosenblÜt

Electrodermal and electroencephalic responsivity to sound and to light was studied in 96 normal-hearing adults in three separate sessions. The subjects were subdivided into equal groups of white men, white women, colored men, and colored women. A 1 000 cps pure tone was the conditioned stimulus in two sessions and white light was used in a third session. Heat was the unconditioned stimulus in all sessions. Previously, an inverse relation had been found in white men between the prominence of alpha rhythm in the EEG and the ease with which electrodermal responses could be elicited. This relation did not hold true for white women. The main purpose of the present study was to answer the following questions: (1) are the previous findings on white subjects applicable to colored subjects? (2) are subjects who are most (or least) responsive electrophysiologically on one day equally responsive (or unresponsive) on another day? and (3) are subjects who are most (or least) responsive to sound equally responsive (or unresponsive) to light? In general, each question was answered affirmatively. Other factors influencing responsivity were also studied.


1998 ◽  
Vol 77 (5) ◽  
pp. 1353-1356
Author(s):  
Rosario N. Mantegna, H. Eugene Stanley

EDIS ◽  
2020 ◽  
Vol 2020 (5) ◽  
Author(s):  
Mary Dixon ◽  
Guodong Liu

Tomato is in high demand because of its taste and health benefits. In Florida, tomato is the number one vegetable crop in terms of both acreage and value. Because of its high value and wide acreage, it is important for tomato production to be efficient in its water and nutrient use, which may be improved through fertigation practices. Therefore, the objective of this new 7-page article is to disseminate research-based methods of tomato production utilizing fertigation to enhance yield and nutrient use efficiency. Written by Mary Dixon and Guodong Liu, and published by the UF/IFAS Horticultural Sciences Department.https://edis.ifas.ufl.edu/hs1392


Author(s):  
Vishnu Sharma ◽  
Vijay Singh Rathore

In these days most of the software development uses preexisting software components. This approach provides plenty of benefits over the traditional development. Most of the software industries uses their own domain based software libraries where components resides in the form of modules, codes, executable file, documentations, test plans which may be used as it is or with minor changes. Due to shrinking time and high demand of software development it is necessary to use pre tested software components to ensure high functionality in software developed. Software components can be used very easily and without having the worries of errors and bugs because these are developed under expert supervision and well tested. What we have to do is just embed these components in our project. In this paper a survey got conducted over 112 software developer,testers and freelancers. In survey several issues in CBSD were identified. An efficient repository along with a component search engine is developed. All the component retrieval techniques were evaluated and compared with precise and recall method.


Author(s):  
Pratita Budi Utami ◽  
Tridoyo Kusumastanto ◽  
Nimmi Zulbainarni ◽  
Nisa Ayunda

Tingginya permintaan tuna sirip kuning baik dalam memenuhi kebutuhan pasar mancanegara dan pasar lokal, berdampak pada keberlanjutan perikanan tuna tersebut. Wilayah perairan Flores Timur adalah salah satu lokasi migrasi bagi tuna sirip kuning; Kecamatan Larantuka merupakan tempat pendaratan terpenting bagi nelayan lokal handline tuna sirip kuning. Kegiatan perikanan tuna sirip kuning ini merupakan salah satu pendapatan utama bagi nelayan lokal dan pemerintah daerah setempat. Penelitian ini bertujuan untuk mengestimasi tingkat eksploitasi dan menganalisa rezim pemanfaatan dari perikanan handline tuna sirip kuning di Larantuka, Flores Timur. Model bioekonomi Fox dan Copes digunakan dalam penelitian untuk menganalisa tingkat lestari sumber daya tuna ekor kuning dari pendekatan input dan output. Hasil estimasi dari kedua model menunjukkan bahwa tingkat pemanfaatan sumber daya ikan tuna sirip kuning oleh nelayan lokal handline masih dalam zona lestari secara ekonomi dan ekologi. Maximum economic yield (MEY) merupakan strategi terbaik untuk mengelola keberlanjutan perikanan tuna sirip kuning di perairan Flores Timur. Melalui pengelolaan rezim MEY diperkirakan dapat menyerap tenaga kerja lebih dari 30 orang, peningkatan armada alat penangkapan sebanyak 25 unit dan pemasukan keuntungan secara ekonomi sebesar Rp68.123.060.000,00 per tahun.Title: Bioeconomic Analysis of Yellowfin Tuna Fishery in Larantuka of East Flores Regency, Indonesia The high demand for yellowfin tuna both in national and international markets has a consequence to the fish resources sustainability. Eastern Flores water is a major area of this tuna mobility; the district of Larantuka is the central port for local yellowfin tuna handline fisheries. These activities are substantial incomes for the local community and regional government. This study, therefore, aims to calculate fish exploitation level and to analyze appropriate management for yellowfin tuna fisheries in Larantuka, East Flores. The bioeconomics Fox and Copes models are used to evaluating the optimal fisheries from input and output approaches. The models’ applications demonstrated that yellowfin tuna handline fisheries are currently estimated sustainable both in ecology and economics. During the study period, the maximum economic yield (MEY) is a recommended strategy to manage yellowfin tuna fisheries in Larantuka, Eastern Flores. The strategy contributes to increasing the number of workers about 30 people, the number of fishing fleets about 25 units and reaching the economic rent  IDR 68.123.060.000,00 in a year


2018 ◽  
Vol 5 (1) ◽  
pp. 1-12
Author(s):  
Elias Randjbaran ◽  
Reza Tahmoorespour ◽  
Marjan Rezvani ◽  
Meysam Safari

This study investigates the impact of oil price variation on 14 industries in six markets, including Canada, China, France, India, the United Kingdom, and the United States. Panel weekly data were collected from June 1998 to December 2011. The results indicate that price fluctuations primarily affect the Oil and Gas as well as the Mining industries and have the least influence on the Food and Beverage industry. Furthermore, in three out of six of these countries (Canada, France, and the U.K.), oil price changes negatively affect the Pharmaceutical and Biotechnology industry. One possible reason for the negative relationship between oil price changes and the Pharmaceutical and Biotechnology industries in the above-mentioned countries is that the governments of these countries fund their healthcare systems. Portfolio managers and investors will find the results of this study useful because it enables adjusting portfolios based on knowledge of the industries that are impacted the most or the least by oil price fluctuations.


2015 ◽  
Vol 15 (2) ◽  
pp. 37-52
Author(s):  
Mahpud Sujai

This paper is intended to analyze the effect of oil price changes on potential output and actual output in the state budget cycle and identifies the output gap which is the difference between potential output and actual output. The research methodology uses a quantitative approach to analyze problems that occur related to the impact of oil price changes to the state budget cycle. Data analysis was carried out through the approach cyclically adjusted fiscal balance with a simplified approach. This research identified that the potential output is likely to continue increasing in line with Indonesia's oil price trends which is continue to rise following the world oil price movements. In calculating the output gap using a linear trend and HP filter, the result is fuctuating depend on the percentage changes in both potential output and actual output. This paper concludes that Indonesian oil price (ICP) has a significant impact on changes in the state budget cycle. If oil prices rise, the output gap between potential output and actual output is greater, and vice versa. This will make the budget vulnerable to shock that occurs as an external infuence.


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