Narrow search
Showing 1 - 10 of 107
Cover Image
Multinationals, Technology, and the Introduction of Varieties of Goods
Brambilla, Irene - 2010
Multiproduct firms and product turnover are widespread phenomena. This paper develops a theoretical framework that links advantages in Ramp;D and variable costs with firm's ability to expand its portfolio of products. The framework is then applied to explain systematic differences in product...
Persistent link: https://www.econbiz.de/10012761578
Cover Image
A Gains from Trade Perspective on Macroeconomic Fluctuations
Beaudry, Paul - 2011
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …
Persistent link: https://www.econbiz.de/10013121592
Cover Image
Skill Acquisition, Credit Constraints, and Trade
Chesnokova, Tatyana - 2006
wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade … that developed countries need to ensure access to education when liberalizing trade to ensure they reap the potential gains … from trade …
Persistent link: https://www.econbiz.de/10012779330
Cover Image
Execution Risk
Engle, Robert F. - 2010
execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …
Persistent link: https://www.econbiz.de/10012761661
Cover Image
Productivity Measurement for a Distribution Firm
Diewert, W. Erwin - 2010
The paper derives a consistent accounting framework for the treatment of inventories when measuring the productivity of a distribution firm. The average purchase price of an inventory item during an accounting period must be distinguished from its average selling price and these two average...
Persistent link: https://www.econbiz.de/10012763569
Cover Image
Islam, Inequality and Pre-Industrial Comparative Development
Michalopoulos, Stelios - 2015
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine. We build a … model where an unequal distribution of land quality in presence of trade opportunities conferred differential gains from … trade across regions, fostering predatory behavior by groups residing in the poorly endowed territories. We show that in …
Persistent link: https://www.econbiz.de/10013016651
Cover Image
Efficiency and Information Transmission in Bilateral Trading
Shimer, Robert - 2015
trader can walk away from a proposed trade when he learns the trading price. We show that when one trader's information is …
Persistent link: https://www.econbiz.de/10013017078
Cover Image
How You Export Matters : Export Mode, Learning and Productivity in China
Bai, Xue - 2015
This paper shows that how firms export (directly or indirectly via intermediaries) matters. We develop and estimate a dynamic discrete choice model that allows learning-by-exporting on the cost and demand side as well as sunk/fixed costs to differ by export mode. We find that demand and...
Persistent link: https://www.econbiz.de/10013022601
Cover Image
An Economic Analysis of a Drug-Selling Gang'S Finances
Levitt, Steven D.; Venkatesh, Sudhir Alladi - 2021
We analyze a unique data set detailing the financial activities of a drug-selling street gang on a monthly basis over a four-year period in the recent past. The data, originally compiled by the gang leader to aid in managing the organization, contain detailed information on both the sources of...
Persistent link: https://www.econbiz.de/10013220527
Cover Image
Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based-Stabilizations
Burstein, Ariel T.; Neves, Joao C.; Rebelo, Sergio T. - 2021
This paper studies the role played by the distribution sector in shaping the behavior of the real exchange rate during exchange-rate-based-stabilizations. We use data for the U.S. and Argentina to document the importance of distribution margins in retail prices and disaggregated price data to...
Persistent link: https://www.econbiz.de/10013221936