A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can …

A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can … models of entry and taxation either assume imperfect competition, or monopolists' provision of new goods. Free-entry models … help quantifying how cost-reducing shocks affect profitability as a result of the change in market structure relating entry …

that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk … costs and, in particular, market size on entry and exit rates, and hence on the age distribution of firms. We analyze a …. We show existence and uniqueness of a stationary equilibrium with simultaneous entry and exit: efficient firms survive …

A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can …

We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish …

due to inefficient labor allocation and firm entry between sectors and inefficient selection and output within sectors is …