Dr. Olga Timoshenko presented her work titled "Learning and Inventory Dynamics" at the 2025 European Trade Study Group Conference in Italy. Her research demonstrates that older firms are more likely to hold inventory due to superior demand forecasting capabilities developed through experience, rather than resource constraints. The study reveals that firm-level inventory dynamics are driven by the gap between expected and realized demand, with experienced firms using inventory as a strategic buffer against uncertainty. These findings provide important insights into firm heterogeneity in international trade and how learning processes shape market outcomes.