Peter Bak

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138

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Aggregate Fluctuations from Independent Sectoral Shocks: Self-Organized Criticality in a Model of Production and Inventory Dynamics

NBER Working Paper No. w4241
Number of pages: 44 Posted: 27 Apr 2000 Last Revised: 05 Aug 2022
Peter Bak, Kan Chen, José A. Scheinkman and Michael Woodford
National Bureau of Economic Research (NBER), National Bureau of Economic Research (NBER), Columbia University and Columbia University, Graduate School of Arts and Sciences, Department of Economics
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