We construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities, temporary shocks like the Y2K problem can have permanent effects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initial advantage of a country...

This paper presents a simple two-country model of the role of taxation in capital flows between developed countries ("The North") and developing countries ("The South"). The Southern country is assumed to be unable to enforce a tax on its residents' foreign-source income, and the Northern...

Consider a bipartite network where <i>N</i> consumers choose to buy or not to buy <i>M</i> different products. This paper considers the properties of the logistic regression of the <i>N</i> × <i>M</i> array of "i-buys-j" purchase decisions, <i>[Y_ij]_{1≤i≤N,≤j≤M}</i>, onto known functions of consumer and product attributes...