Journal Article

The role of inventories in the business cycle


Abstract: Changes in the stock of firms' inventories are an important component of the business cycle. In fact, discussion about the timing of a recovery following a recession often focuses on inventories. In \\"The Role of Inventories in the Business Cycle,\\" Aubhik Khan surveys the facts about inventory investment over the business cycle, then discusses two leading theories that may explain these observations.

Keywords: Business cycles; Inventories;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Business Review

Publication Date: 2003

Issue: Q3

Pages: 38-45