Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2016 - This draft: March 2016
differences across monopolistically competitive firms are endogenous and depend on investment decisions at the entry stage. By …. Export opportunities, instead, shift expected profits to the tail and increase the value of technological heterogeneity. We …, built from highly disaggregated US import data. Consistent with the model, financial development increases sales dispersion …