Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as …

unpredictable (and unobservable) fluctuations in demand for life insurance as well as changes in risk type (observable) over … whose type turns out to be high risk but low demand renew more of their GR insurance than is efficient due to the attractive … literature that, when there is (only) risk type uncertainty, the optimal GR contract with renewal price set at the actuarially …

the viewers' equilibrium demand for high quality content. We find that, although consumers dislike advertisements, an …

and labour and its relation to derived demand. The resulting formula has proven very useful in understanding the derived … demand for productive factors, the distribution of factor incomes, and Marshall's Four Rules. This short paper notes that a …

In this paper we explore the role that demand uncertainty plays for the offshoring decision, and the role that … demand. The presence of a cost of firing or hiring as in Bagliano & Bertola (2004) generates an intertemporal element to a …

In this paper we conduct a counterfactual analysis and estimate the quantitative importance of demand and supply … isolate the impact of capital-skill complementarity (i.e., demand effects) and varying skill-specific labor supply (i …