Alessandria, George A.; Khan, Shafaat Yar; … - National Bureau of Economic Research - 2023
We study the aggregate effects of supply-chain disruptions in the post-pandemic period in a heterogeneous-firm, general … equilibrium model with input-output linkages and a rich set of supply chain frictions: uncertain shipping delays, fixed order … costs, and storage costs. Firms optimally hold inventories that depend on the source of supply, domestic or imported …