Inventory Investment, Internal-Finance Fluctuations, and the Business Cycle

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

The Cost of Capital, Corporation Finance and the Theory of Investment

1958 • 15,488 citations

Credit Rationing in Markets with Imperfect Information.

1981 • 12,689 citations

Agency Costs, Net Worth, and Business Fluctuations.

1989 • 4,683 citations

The Federal funds rate and the channels of monetary transmission

1992 • 2,837 citations

Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms

1994 • 2,494 citations

Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups

1991 • 2,492 citations

The Financial Accelerator and the Flight to Quality

1996 • 2,364 citations

Capital Theory and Investment Behavior

1963 • 2,227 citations

Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data

1992 • 1,559 citations

Understanding business cycles

1977 • 1,445 citations

R & D and Internal Finance: A Panel Study of Small Firms in High-Tech Industries

1994 • 1,287 citations

The Effects of Monetary Policy Shocks: Evidence from the Flow of Funds

1996 • 1,174 citations

John Maynard Keynes

1975 • 1,042 citations

The Role of Credit Market Imperfections in the Monetary Transmission Mechanism: Arguments and Evidence

1993 • 719 citations

Taking Stock: A Critical Assessment of Recent Research on Inventories

1991 • 574 citations

Inventories and the volatility of production

1986 • 522 citations

Money and the real world

1972 • 511 citations

The Nature and Stability of Inventory Cycles

1941 • 413 citations

Business Cycles: Theory, History, Indicators, and Forecasting.

1993 • 372 citations

Monetary Policy and Bank Lending

1994 • 366 citations

Can the Production Smoothing Model of Inventory Behavior be Saved?

1986 • 332 citations

Sources of the Financing Hierarchy for Business Investment

1992 • 327 citations

Is there a "credit channel" for monetary policy?

1995 • 317 citations

Firm Heterogeneity, Internal Finance, and `Credit Rationing'

1990 • 257 citations

THE RESURGENCE OF INVENTORY RESEARCH: WHAT HAVE WE LEARNED?

1991 • 256 citations

Inventories and Sticky Prices: More on the Microfoundations of Macroeconomics

1982 • 242 citations

Nonconvex Costs and the Behavior of Inventories

1991 • 237 citations

Internal Net Worth and the Investment Process: An Application to U.S. Agriculture

1992 • 227 citations

Inventories as Factors of Production and Economic Fluctuations

1989 • 211 citations

Credit in the macroeconomy

1993 • 207 citations

Investment, Financial Factors, and Cash Flow: Evidence from U.K. Panel Data

1989 • 191 citations

Economic Activity and the Short-Term Credit Markets: An Analysis of Prices and Quantities

1993 • 170 citations

The employment relationship: Job attachment, work effort, and the nature of contracts

1987 • 137 citations

An Examination of Investor Behavior During Periods of Large Dividend Changes

1984 • 129 citations

Macro theory and the recession of 1990-1991

1993 • 124 citations

Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories

1989 • 120 citations

Production Smoothing Evidence from Physical-Product Data

1991 • 112 citations

Joint Production, Quasi-Fixed Factors of Production, and Investment in Finished Goods Inventories

1984 • 87 citations

More on the Speed of Adjustment in Inventory Models

1986 • 84 citations

What Happens During Business Cycles.

1951 • 77 citations

Inventories and Business Cycles.

1952 • 74 citations

Examining Alternative Macroeconomic Theories

1988 • 69 citations

Why Do Countries and Industries with Large Seasonal Cycles Also Have Large Business Cycles?

1992 • 65 citations

Seasonality, Aggregation and the Testing of the Production Smoothing Hypothesis

1987 • 61 citations

The Production Smoothing Model is Alive and Well

1989 • 50 citations

Production and Inventory Control at the General Motors Corporation During the 1920's and 1930's

1993 • 48 citations

Was This Recession Different? Are They All Different?

1993 • 40 citations

The determinants of business investment: has capital spending been surprisingly low?

1993 • 31 citations

Investment and financial asset accumulation

1991 • 29 citations

Will just-in-time inventory techniques dampen recessions?

1991 • 25 citations

The importance of seasonality in inventory models

1993 • 16 citations

Credit conditions and the cyclical behavior of inventories

1993 • 3 citations