The paper shows that taking inventory control out of the hands of competitive or exclusive retailers and assigning it … to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and …

shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as …Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … well as inventory and per shipments costs. Using a cross section of monthly firm-product-destination level French export …

when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in …The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for … intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable …

We develop a dynamic model of inventory investment and trade to examine how firms adjust to changes in international … trade costs when facing a risk of stockouts due to demand uncertainty and order lead times for imports. We study two … are shown to significantly reduce both the inventory-sales and the import-sales ratios, as the firm adjusts its stockout …

We study the effects of news shocks on inventory accumulation in a structural VAR framework. We establish that … inventories react strongly and positively to news about future increases in total factor productivity. Theory suggests that the …

when extended to include inventories. To explain the empirical inventory behavior, we therefore develop a framework that … higher future TFP through knowledge capital drives output and hours choices on the arrival of news and leads to inventory …

We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect … theory, the consumers' perceived utility losses from price increases are weighted more heavily than the perceived utility … depends on the consumers' rational price expectations from the recent past. By implication, demand responses are more elastic …

demand. In this paper, we develop and apply a finite mixture bivariate probit model to analyze whether there are …

We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter … role for demand stimulus policy to buffer the Covid-19 economic crisis. …

effectiveness of demand-based policies, and their impact across household groups, in a more electrified future. …