We consider a matching with contracts model in the presence of liquidity constraints on the buyers side. Liquidity constraints can be either soft or hard. A convergent sequence of economies with increasingly stringent soft liquidity constraints is an economy with hard liquidity constraints at...

Making Silicon Valley in China : Zhongguancun -- From offspring to rebel : the birth of ZGC and the transformation of China's science and technology establishments, 1950s-1980s -- Foreign "wolf" and local "lamb" : multinational companies and the resurgence of ZGC in the 1990s -- The Internet and...