surveying Pakistani soccer-ball producers. We document six facts: (1) Mark-ups are more dispersed than costs; (2) Mark-ups and … costs increase with firm size; (3) The mark-up elasticity with respect to size exceeds the cost elasticity; (4) Costs …

Mexican exports to the US in 2001, this Paper estimates the likely costs of different RoO for final and intermediate goods … revealed preference criterion that estimated costs should be less than preference rates when utilization rates are …

effects across countries subjected to some set of PSRO and to compute estimates of the compliance costs associated with rules …

While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of … industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can …

The standard property rights approach is focused on ex ante investment incentives, while there are no transaction costs … that might restrain ex post negotiations. We explore the implications of such transaction costs. Prominent conclusions of … parties are more inclined to incur the transaction costs. …

-equilibrium model with liquid assets and an alternative risky asset, which is opaque and incurs transaction costs, and investors who … tilt at the initial date, and hence, the liquidity discount. Transaction costs may induce inexperienced investors to hold a …

portfolio, the optimal portfolio absent trading costs, and the optimal portfolio based on future expected returns and … transaction costs. Predictors with slower mean reversion (alpha decay) get more weight since they lead to a favorable positioning … superior returns net of trading costs relative to more naive benchmarks. Finally, we derive natural equilibrium implications …

Small transaction costs and uncertainty imply that optimal cross-currency interest rate speculation is marked by a …

substitutability of assets and international transaction costs give a comparative advantage to large markets, because of demand effects … domestic transaction costs and issuing costs on financial markets and returns. Our theory has important implications for the …