Tribo Gine, José Antonio2010-03-292010-03-292001-05International Journal of Production Economics, 2001, vol. 71, nº 1-3, p. 79-89.0925-5273https://hdl.handle.net/10016/7537In this paper, we study the effect of different financial contracts on the firm's inventory policy. Doing so will allow to define the best financial instruments to diminish the stock variability of a profit-maximizing firm in a given economic environment (expansion or recession), and for a given market structure. We show that in periods of recession (expansion), reducing (increasing) the amount of short-term debt is an optimal strategy independently of the market structure.application/pdfengAtribución-NoComercial-SinDerivadas 3.0 EspañaInventoriesFinancial structureMarket structureresearch articleEmpresa10.1016/S0925-5273(00)00107-9open access791-389International Journal of Production Economics71