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Published in 2020 at "European Economic Review"
DOI: 10.1016/j.euroecorev.2020.103517
Abstract: I explore the technological foundations of dynamic entry models A la Bilbiie-Ghironi-Melitz where the endogenous creation of new inputs can generate either neoclassical business cycle dynamics or long run growth. Under a general CRS technology…
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Keywords:
foundations dynamic;
dynamic models;
endogenous entry;
technological foundations ... See more keywords
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Published in 2017 at "International Journal of Industrial Organization"
DOI: 10.1016/j.ijindorg.2017.01.001
Abstract: We analyze entry in markets where a principal contracts with a privately informed agent. Before learning his production cost, the agent knows his probability of having a low cost – his ex ante “type” –…
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Keywords:
agent;
endogenous entry;
equilibrium;
entry ... See more keywords