In this paper we consider the entry and exit of firms in a Ramsey model with capital and an endogenous labour supply … curve with optimal firm size. The costs of entry (exit) are quadratic in the flow of new firms. The number of firms becomes … a second state variable and the entry dynamics gives rise to a richer set of dynamics than in the standard case: in …

capture, favor connected interests, and undermine finance access and entry. Thus the degree of access to political rights by …

disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the … interrelationship between firm entry and exit in disequilibrium. Introducing a new methodology we investigate whether this … new-firm entry) while in overshoots competition induced by new firms (in particular strong displacement) helps restore …

We investigate the nature of the adverse selection problem in a market for adurable goodwhere trading and entry of new …