Armen Khederlarian (University of Connecticut)
Title: The Aggregate Effects of Global and Local Supply Chain Disruptions: 2020–2022 Abstract: 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 […]