Inventories in the crisis.

At the end of 2008, a massive and worldwide drawdown of inventories contributed to the strong contraction in international trade and activity. This movement was no doubt exacerbated by the financial constraints on companies and the transmission of the shock along globalised production chains. Conversely, from mid-2009 onwards, destocking slowed, contributing to a V-shaped recovery.

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Year of publication:	2011
Authors:	de Rougemont, P.
Published in:	Quarterly selection of articles - Bulletin de la Banque de France. - Banque de France. - 2011, 21, p. 42-72
Publisher:	Banque de France
Subject:	inventory cycle \| just-in-time \| great recession \| bullwhip effect \| financial constraints

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Extent:	application/pdf
Type of publication:	Article
Classification:	E01 - Measurement and Data on National Income and Product Accounts and Wealth ; E20 - Consumption, Saving, Production, Employment, and Investment. General ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009276942