This paper studies the propagation of import competition shock along the supply chain which leads firms to alter their …

This work studies the effects of competition on corporate cash holdings. I develop an industry equilibrium model in … which credit constrained firms use liquidity reserves as a buffer against future cash shortfalls. Competition triggers two … increases with competition. The model suggests that competition can explain the increase in cash holdings and the negative …

I study the effect of increasing competition on financial performance through labour leverage. To capture competition …

, particularly accentuating the effect of asset tangibility and growth. Third, product market competition significantly impacts the … of competition and crisis …

impacts of import competition on manufacturing employment, overall employment-population ratios, and income per capita in more … trade-exposed U.S. commuting zones are present out to 2019. Over the full study period, greater import competition implies a … holds lessons for other episodes of localized job loss. Import competition from China induced changes in income per capita …

employment and wages. Chinese competition tended to have the opposite effect. Additionally, we find that the labor market …