with firms’ innovation and entry decisions, which determine the economy’s growth rate. To study this link between … relationship between growth, misallocation and welfare. It stresses the importance of entry. An increase in entry reduces … misallocation by fostering competition. If entry also increases the economy-wide growth rate, static misallocation and growth are …

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 …

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 …

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 …

firm entry and survival. Using data covering broad manufacturing and service sectors in 17 countries this paper … investigates how changes in fiscal policy and market size affect rates of firm entry and exit. We find that reductions in fiscal … immediate aftermath of a 5 percent reduction in market size the rate of entry falls by approximately 0.25 percentage points …