that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk … costs and, in particular, market size on entry and exit rates. We analyse a stochastic dynamic model of a monopolistically … show existence and uniqueness of a stationary equilibrium with simultaneous entry and exit: efficient firms survive while …

to study firm entry and exit. Special <p> focus is on spin-offs, a particular group of small entries, which are founded … to entry, poor performance of the parent firm is found to be a key determinant of the <p> decision to spin off. The spin … association between size of the entry and <p> survival probability, and a countercyclical sensitivity of exit risk. …

within a region, explicitly taking into account exit, as well as entry, costs. Protecting workers by having strict lay … influence the entry decision? …