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My dissertation examines the magnitude of switching costs for bank-dependent borrowers, their relationship to macro- nancial variables and their impacts on the effect of monetary policy. I also investigate the implication of bank entry and bank product differentiation on social welfare.The first...
Persistent link: https://www.econbiz.de/10009450986
We model international trade in renewable resources between a single buyer and competitive sellersas a Stackelberg differential game. The buyer uses unit and ad valorem tariffs to indirectly encourageconservation of the renewable resource under study. First, we show that the efficacy of these...
Persistent link: https://www.econbiz.de/10009459237