Inventories and the Business Cycle: An Overview
回顾了库存行为的标准模型（生产平滑模型），指出其与数据不符之处，并概述了经济学家如何应对理论与数据的差异以及该领域的后续发展。
this article by briefly presenting what was considered, at least through the early 1980s, the standard model of inventory behavior---the production smoothing model. Next, I discuss some of this model's empirical predictions and review some facts about inventories that are at odds with the simplest version of the model. I then provide an overview of how economists have responded to the discrepancy between theory and data and examine how the interaction between theory development and data has continued to evolve.