We provide evidence that incumbent and entrant firms' access to business group deep pockets affects the entry patterns … in product markets. Relying on a unique French data set on business groups, our paper shows that entry into manufacturing …' cash. In line with theoretical predictions, we find that the impact of group cash holdingson entry is more important in …

We provide evidence that incumbent and entrant firms\' access to business group deep pockets affects entry patterns in … product markets. Relying on a unique French data set on business groups, our paper shows that entry in manufacturing …\' cash. In line with theoretical predictions, we find that the impact on entry of group cash holdings is more important in …

This paper provides evidence that incumbent and entrant firms' access to business group deep pockets affects entry … patterns in product markets. Relying on a unique French data set on business groups, this paper shows that entry in … groups' cash. In line with theoretical predictions, we find that the impact on entry of group cash holdings is more important …

) frictions in the labor market: frictional firm entry, endogenous product variety, and investment in two assets: stocks and …

) frictions in the labor market: frictional firm entry, endogenous product variety, and investment in two assets: stocks and …

matching model which illustrates how barriers to entry in the product market mitigate the impact of labor market deregulation …. We, then, use the Italian Social Security employeremployee panel to study the interaction between barriers to entry and …