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studies firm entry and exit in foreign markets and their role in the post-recession recovery of U.S. exports using … larger export volumes, however, compensating for the decline in the number of exporting firms. Thus, while entry and exit …
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A recent theoretical literature highlights the role of endogenous firm entry as an internal amplification mechanism of … variety effect. To this end, we estimate a medium-scale real business cycle model with firm entry for the U.S. economy. The …
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/product entry and a translog expenditure function by Bayesian methods. The dynamics of net business formation allow us to identify … the "competition effect", by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
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