{"id":"https://openalex.org/W1559942482","doi":"https://doi.org/10.3386/w2425","title":"Inventories and the Propagation of Sectoral Shocks","display_name":"Inventories and the Propagation of Sectoral Shocks","publication_year":1987,"publication_date":"1987-11-01","ids":{"openalex":"https://openalex.org/W1559942482","doi":"https://doi.org/10.3386/w2425","mag":"1559942482"},"language":"en","primary_location":{"id":"doi:10.3386/w2425","doi":"https://doi.org/10.3386/w2425","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w2425","pdf_url":"https://doi.org/10.3386/w2425","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"volume":null,"type":"report","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.3386/w2425","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110740200","display_name":"Russell Cooper","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I86519309","display_name":"The University of Texas at Austin","ror":"https://ror.org/00hj54h04","country_code":"US","type":"education","lineage":["https://openalex.org/I86519309"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Russell Cooper","raw_affiliation_strings":["National Bureau of Economic Research (NBER)","University of Texas at Austin - Department of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"National Bureau of Economic Research (NBER)","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Texas at Austin - Department of Economics","institution_ids":["https://openalex.org/I86519309"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5010043276","display_name":"John Haltiwanger","orcid":"https://orcid.org/0000-0001-6164-6938","observed_orcids":["https://orcid.org/0000-0001-6164-6938"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I66946132","display_name":"University of Maryland, College Park","ror":"https://ror.org/047s2c258","country_code":"US","type":"education","lineage":["https://openalex.org/I66946132"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"John Haltiwanger","raw_affiliation_strings":["National Bureau of Economic Research (NBER)","University of Maryland - Department of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"National Bureau of Economic Research (NBER)","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Maryland - Department of Economics","institution_ids":["https://openalex.org/I66946132"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":32,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"80","issue":"1","first_page":"170","last_page":"190"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9735999703407288,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9735999703407288,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.020099999383091927,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0026000000070780516,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inventory","display_name":"inventory","score":0.8180000185966492},{"id":"https://openalex.org/keywords/sectoral-shocks","display_name":"sectoral shocks","score":0.9900000095367432},{"id":"https://openalex.org/keywords/imperfect-competition","display_name":"imperfect competition","score":0.6980000138282776},{"id":"https://openalex.org/keywords/real-business-cycle-model","display_name":"real business cycle model","score":0.734000027179718},{"id":"https://openalex.org/keywords/representative-agent-model","display_name":"representative agent model","score":0.9160000085830688},{"id":"https://openalex.org/keywords/business-cycle-dynamics","display_name":"business cycle dynamics","score":0.753000020980835},{"id":"https://openalex.org/keywords/sectoral-employment","display_name":"sectoral employment","score":0.546999990940094}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4803846478462219},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.42989233136177063},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.41718196868896484}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.3386/w2425","doi":"https://doi.org/10.3386/w2425","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w2425","pdf_url":"https://doi.org/10.3386/w2425","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},{"id":"pmh:oai:RePEc:nbr:nberwo:2425","doi":null,"is_oa":false,"landing_page_url":"http://www.nber.org/papers/w2425.pdf","pdf_url":"http://www.nber.org/papers/w2425.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:3122362600","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:nbr:nberwo:2425","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3125768378","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/a/aea/aecrev/v80y1990i1p170-90.html","pdf_url":null,"source":{"id":"https://openalex.org/S23254222","display_name":"American Economic Review","issn_l":"0002-8282","issn":["0002-8282","1944-7981"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315912","host_organization_name":"American Economic Association","host_organization_lineage":["https://openalex.org/P4310315912"],"host_organization_lineage_names":["American Economic Association"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"American Economic Review","raw_type":null},{"id":"pmh:oai:RePEc:aea:aecrev:v:80:y:1990:i:1:p:170-90","doi":null,"is_oa":false,"landing_page_url":"http://links.jstor.org/sici?sici=0002-8282%28199003%2980%3A1%3C170%3AIATPOS%3E2.0.CO%3B2-P&origin=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.3386/w2425","doi":"https://doi.org/10.3386/w2425","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w2425","pdf_url":"https://doi.org/10.3386/w2425","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7825999855995178}],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.6100000143051147}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1559942482.pdf","grobid_xml":"https://content.openalex.org/works/W1559942482.grobid-xml"},"referenced_works_count":28,"referenced_works":["https://openalex.org/W189996311","https://openalex.org/W1534140665","https://openalex.org/W1586023949","https://openalex.org/W1599955500","https://openalex.org/W2006381064","https://openalex.org/W2009477546","https://openalex.org/W2019459021","https://openalex.org/W2022402178","https://openalex.org/W2030691535","https://openalex.org/W2032646347","https://openalex.org/W2052489773","https://openalex.org/W2055875020","https://openalex.org/W2063773487","https://openalex.org/W2087096517","https://openalex.org/W2087300274","https://openalex.org/W2091206152","https://openalex.org/W2093594083","https://openalex.org/W2093980518","https://openalex.org/W2095304771","https://openalex.org/W2101324287","https://openalex.org/W2107848170","https://openalex.org/W2114907228","https://openalex.org/W2132499788","https://openalex.org/W2146207816","https://openalex.org/W2480134069","https://openalex.org/W2891603062","https://openalex.org/W3122194513","https://openalex.org/W3123658574"],"related_works":["https://openalex.org/W2054580017","https://openalex.org/W7065404720","https://openalex.org/W4299321011","https://openalex.org/W6990094821","https://openalex.org/W2066453738","https://openalex.org/W2166223311","https://openalex.org/W3083670127","https://openalex.org/W1964119266","https://openalex.org/W3041029323","https://openalex.org/W1508267815"],"abstract_inverted_index":{"This":[0,54],"paper":[1],"studies":[2],"the":[3,19,29,37,40,48,72,80,94,99,106,109],"dynamic":[4],"properties":[5],"of":[6,31,36,44,74,82,96,108,111],"an":[7,45],"imperfectly":[8],"competitive":[9,62],"economy":[10,38,46],"with":[11,59,67,77,105,114],"inventory":[12,115],"holdings.":[13],"In":[14],"particular,":[15],"we":[16,89],"focus":[17],"on":[18,87,93],"serial":[20],"correlation":[21],"in":[22,33],"aggregate":[23],"output":[24],"and":[25,39,117],"employment":[26,83,97],"produced":[27],"by":[28],"holding":[30],"inventories":[32],"one":[34],"sector":[35],"co-movement":[41,81,95],"between":[42],"sectors":[43],"over":[47,98],"cycle":[49,65,101],"resulting":[50],"from":[51],"demand":[52,118],"linkages.":[53,119],"model":[55,66,110],"is":[56,103],"then":[57],"contrasted":[58],"a":[60],"simple,":[61],"real":[63],"business":[64,100],"inventories.":[68],"We":[69],"find":[70],"that":[71],"predictions":[73,107],"these":[75],"models":[76],"regards":[78],"to":[79],"may":[84],"differ.":[85],"Based":[86],"this,":[88],"present":[90],"empirical":[91],"evidence":[92],"which":[102],"consistent":[104],"imperfect":[112],"competition":[113],"holdings":[116]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2017,"cited_by_count":3},{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}