Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and … labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition …, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we …

monopolistic competition framework where, in addition to choosing price, firms simultaneously choose quality. We allow countries to …

We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market …

In this paper we develop a monopolistic competition model where firms exercise their market power across multiple …

trade affect the toughness of competition, which then feeds back into the selection of heterogeneous producers and exporters … - and endogenous differences in the 'toughness' of competition across markets - in terms of the number and average …