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Firms have very different inventory levels. How much of this heterogeneity is due to differences among firms, versus among industries? Using all observations in COMPUSTAT for 1950 through 2004, we find that both industry and firm effects are significant. Further, firm effects are as strong as,...
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slowdown. This article examines firms' motives for investing in inventories in order to understand the role it plays in swings …
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demand for the good in question, and that marginal production cost slopes up. The first explanation assumes as well that …
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demand for the good in question, and that marginal production cost slopes up. The first explanation assumes as well that …
Persistent link: https://www.econbiz.de/10012472499