less educated consumers with lower savings are most affected. Our findings highlight the important role of competition …

consumer surplus. We relate our findings to competition cases in digital markets. …

regulatory competition when banks are heterogeneous and give loans to firms that produce output in an integrated market. In this …

We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China’s entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …