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This paper discusses the relation between trade and competition, revising the literature and using indicators, build with Brazilian industrial survey (PIA/IBGE) and foreign trade (Comtrade) data. The premise is that the structure of domestic competition is explained by concentration indices,...
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What happens to demand if a magazine launches a website? This question is empirically analyzed for the German women … differentiated product demand are estimated on panel data covering the period 1990 to 2000, showing that website provision does not … significantly affect magazines' market shares. Magazines that launched a website face a significantly lower price elasticity of …
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below marginal cost and website provision neither has a significant effect on magazine nor on advertising demand. Keywords …: magazines, cost estimation, GMM estimation, website provision …
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Can the structure of asset markets change the way monetary policy should be conducted? Following a linear-quadratic approach, the present paper addresses this question in a New Keynesian small open economy framework. Our results reveal that the configuration of asset markets significantly...
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