We propose a general model of monopolistic competition which encompasses existing models while being flexible enough to … take into account new demand and competition features. Even though preferences need not be additive and/or homothetic, the … function to guarantee empirically relevant properties of a free-entry equilibrium. Comparative statics with respect to market …

institutional competition across countries, which is ultimately beneficial to all investors. …

institutional competition across countries, which is ultimately beneficial to all investors. …

-country setting with heterogeneous investors who choose where to deposit their savings. Rather than focussing on tax competition, we … ability to quickly redesign its regulation environment, the small country has a comparative advantage in providing high …-quality institutional in- frastructure. We show that the presence of an offshore financial center fosters competition in institutional …

be as bad as claimed in the media because its presence fosters institutional competition which is beneficial to all …

We develop a model of monopolistic competition that accounts for consumers’ heterogeneity in both incomes and … preferences. This model makes it possible to study the implications of income redistribution on the toughness of competition. We …-form solution for a symmetric equilibrium. Competition toughness is measured by the weighted average elasticity of substitution …

We propose a general model of monopolistic competition, which encompasses existing models while being flexible enough … to take into account new demand and competition features. The basic tool we use to study the market outcome is the … mass of varieties. We impose intuitive conditions on this function to guarantee the existence and uniqueness of a free-entry …

We propose a general model of monopolistic competition, which encompasses existing models while being flexible enough … to take into account new demand and competition features. Using the concept of Frechet differentiability, we determine a … conditions on this function to guarantee the existence and uniqueness of a free-entry equilibrium. Our model is able to mimic …

We provide a selective survey of what has been accomplished under the heading of monopolistic competition in industrial … organization and other economic fields. Among other things, we argue that monopolistic competition is a market structure in its own … oligopolistic and monopolistic competition compete for adherents within the economics profession, we show that this dichotomy is, to …