Add to ORKGThis paper tests whether demand uncertainty, which is measured by the volatility of sales, affects inventory investment based on the accelerator buffer stock inventory model. Using a panel of Dutch listed firms in the period 1984-1996, we find that the estimated coefficient of the speed parameter of adjusting inventories increases vastly when the volatility of sales is used as the proxy for unexpected sales in the stock adjustment equation. Dutch firms on average overstate future sales, leading firms to accumulate inventories partially due to the concern of avoiding stock-out in case of highly unexpected demand. (C) 2001 Elsevier Science BY. All rights reserved
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
We investigate the empirical linkages between sales uncertainty and firms´ inventory investment beha...
A stylized fact associated with inventory behavior is that the variance of production exceeds the va...
This paper raises several questions about inventory investment of a sample of 172 big nonfinancial S...
This paper analyses inventory investment using a balanced panel of 82 Dutch firms. We start from the...
This paper analyses inventory investment using a balanced panel of 82 Dutch firms. We start from the...
This dissertation contains two chapters on the investment behavior under the concern for information...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
This paper tests whether demand uncertainty, which is measured by the volatility of sales, affects i...
We investigate the empirical linkages between sales uncertainty and firms´ inventory investment beha...
A stylized fact associated with inventory behavior is that the variance of production exceeds the va...
This paper raises several questions about inventory investment of a sample of 172 big nonfinancial S...
This paper analyses inventory investment using a balanced panel of 82 Dutch firms. We start from the...
This paper analyses inventory investment using a balanced panel of 82 Dutch firms. We start from the...
This dissertation contains two chapters on the investment behavior under the concern for information...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...
From quarterly postwar US and French data, this paper provides evidence of a bounce-back effect in i...