We provide the first direct estimates of distribution expenses incurred by manufacturing plants and assess their …: (1) distribution expenses are large - they amount to over half of labor costs; (2) plants in the largest decile … - relative to the smallest - spend over three times as much on distribution as a share of sales; and (3) between 2000 and 2010 …

moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD …. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm …

This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and … approaches and prudential considerations in fostering financial innovation and banking sector competition …

The widespread availability of internet search data is a new source of high-frequency information that can potentially … results indicate that the forecast model incorporating internet search data provides additional information about tourist …

failure, providing a case for the introduction of a macro-prudential approach to banking regulation. …