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                                                                                    Newsletter
                                                                                
                                            Smoothing out the business cycle
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Newsletter
                                                                                
                                            Bubble, bubble, toil and trouble
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Journal Article
                                                                                
                                            A policymakers' guide to economic forecasts
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Working Paper
                                                                                
                                            A policymaker's guide to indicators of economic activity
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Newsletter
                                                                                
                                            The cost of uncertainty
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Journal Article
                                                                                
                                            M1: the ever-changing past
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Newsletter
                                                                                
                                            Debt in the 1990s
                                        
                                        
                                        
                                        
                                                                                
                                    
                                                                                    Journal Article
                                                                                
                                            Factor utilization and margins for adjusting output: evidence from manufacturing plants
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    This paper describes patterns of factor utilization and output adjustment at the plant level for a wide range of manufacturing industries.  We explain why manufacturing plants may differ quite a bit in how they accomplish output adjustments, depending on shutdown cost aspects of technology.  Assembly-type operations with low shutdown costs would primarily vary the work period of the plant, whereas continuous processing plants with large shutdown costs would adjust instantaneous flow rates of production.  For larger output increases, a lengthening of the work period by assemblers would entail ...