entry and product variety in a sticky-price model with monopolistic competition in which price stability would be optimal in … the absence of entry. Specifically, a long-run positive (negative) rate of inflation is optimal when the benefit of …

determination of the number of producers and products over the business cycle. Economic expansions induce higher entry rates by … prospective entrants subject to irreversible investment costs. The sluggish response of the number of producers (due to sunk entry … decisions, producer entry, and the allocation of labor across sectors. The model performs at least as well as the benchmark real …

entry and product variety in a sticky-price model with monopolistic competition in which price stability would be optimal in … the absence of entry. Specifically, a long-run positive (negative) rate of inflation is optimal when the benefit of …

Deviations from long-run price stability are optimal in the presence of endogenous entry and product variety in a …

determination of the number of producers and products over the business cycle. Economic expansions induce higher entry rates by … prospective entrants subject to irreversible investment costs. The sluggish response of the number of producers (due to sunk entry … decisions, producer entry, and the allocation of labor across sectors. The model performs at least as well as the benchmark real …

productivity and entry or trade costs induce firms to enter and exit both their domestic and export markets, thus altering the … differs across individual, monopolistically competitive firms in each country. Firms face a sunk entry cost in the domestic …

productivity and entry or trade costs induce firms to enter and exit both their domestic and export markets, thus altering the … differs across individual, monopolistically competitive firms in each country. Firms face a sunk entry cost in the domestic …