Finance and Economics Discussion Series: Motor Vehicle Stocks, Scrappage, and Sales by Alan Greenspan, Darrel Cohen

Finance and Economics Discussion Series: Motor Vehicle Stocks, Scrappage, and Sales

Alan Greenspan, Darrel Cohen

38 pages missing pub info (editions)

nonfiction politics
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This paper offers a new framework for analyzing aggregate sales of new motor vehicles that incorporates separate models for the change in the vehicle stock and for the rate of vehicle scrappage. Because this approach requires only a minimal set of...

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