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Board of Governors of the Federal Reserve System (US)
Finance and Economics Discussion Series
Leverage as a state variable for employment, inventory accumulation, and fixed investment
Charles W. Calomiris
Athanasios Orphanides
Steven A. Sharpe
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Charles W. Calomiris & Athanasios Orphanides & Steven A. Sharpe, Leverage as a state variable for employment, inventory accumulation, and fixed investment, Board of Governors of the Federal Reserve System (US), Finance and Economics Discussion Series 94-24, 1994.
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Keywords: Employment (Economic theory) ; Inventories ; Financial leverage
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