Wang, Peng-Fei; Wen, Yi - 2009
inventory �uctuations, such as the procyclical inventory investment and the
countercyclical inventory-sales ratio. In addition …, 2008), which shows
that inventory investment induced by traditional mechanisms (e.g., the stockout-avoidance mo-
tive and … to its importance in business �uctuations, inventory investment must be the most under-
researched aspect of …