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- Q2666358 subject Q6462851.
- Q2666358 subject Q7036098.
- Q2666358 subject Q7332780.
- Q2666358 abstract "Kitchin cycle is a short business cycle of about 40 months discovered in the 1920s by Joseph Kitchin.This cycle is believed to be accounted for by time lags in information movements affecting the decision making of commercial firms. Firms react to the improvement of commercial situation through the increase in output through the full employment of the extent fixed capital assets. As a result, within a certain period of time (ranging between a few months and two years) the market gets ‘flooded’ with commodities whose quantity becomes gradually excessive. The demand declines, prices drop, the produced commodities get accumulated in inventories, which informs entrepreneurs of the necessity to reduce output. However, this process takes some time. It takes some time for the information that supply significantly exceeds demand to get to the businesspeople. As it takes entrepreneurs time to check this information and to make the decision to reduce production, time is also necessary to materialize this decision (these are the time lags that generate the Kitchin cycles). Another relevant time lag is the lag between the materialization of the afore mentioned decision (causing the capital assets to work well below the level of their full employment) and the decrease of the excessive amounts of commodities accumulated in inventories. Yet, after this decrease takes place one can observe the conditions for a new phase of growth of demand, prices, output, etc.".
- Q2666358 wikiPageWikiLink Q11028.
- Q2666358 wikiPageWikiLink Q1347898.
- Q2666358 wikiPageWikiLink Q160151.
- Q2666358 wikiPageWikiLink Q192311.
- Q2666358 wikiPageWikiLink Q3185167.
- Q2666358 wikiPageWikiLink Q384136.
- Q2666358 wikiPageWikiLink Q3908516.
- Q2666358 wikiPageWikiLink Q4402708.
- Q2666358 wikiPageWikiLink Q464469.
- Q2666358 wikiPageWikiLink Q6462851.
- Q2666358 wikiPageWikiLink Q7036098.
- Q2666358 wikiPageWikiLink Q7332780.
- Q2666358 wikiPageWikiLink Q8137.
- Q2666358 comment "Kitchin cycle is a short business cycle of about 40 months discovered in the 1920s by Joseph Kitchin.This cycle is believed to be accounted for by time lags in information movements affecting the decision making of commercial firms. Firms react to the improvement of commercial situation through the increase in output through the full employment of the extent fixed capital assets.".
- Q2666358 label "Kitchin cycle".