The Decline of Cities and Inequality
In: American economic review, Band 92, Heft 2, S. 191-197
ISSN: 1944-7981
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In: American economic review, Band 92, Heft 2, S. 191-197
ISSN: 1944-7981
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 52, S. 137-163
ISSN: 0167-2231
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 46, S. 49-95
ISSN: 0167-2231
In: BIS Paper No. 67z
SSRN
In: American economic review, Band 102, Heft 2, S. 884-913
ISSN: 1944-7981
This paper develops a model of industry dynamics where firms compete to acquire customers over time by disseminating information about themselves in the presence of random shocks to their efficiency. The properties of the model's stationary equilibrium are related to empirical regularities on firm and industry dynamics. As an application of the model, the effects of a decline in the cost of information dissemination on firm and industry dynamics are explored. (JEL D11, D83, L11, L81, M37)
In: Information economics and policy, Band 20, Heft 2, S. 168-191
ISSN: 0167-6245
In: Journal of Monetary Economics, Band 40, Heft 3, S. 457-499
In: BIS Paper No. 57
SSRN