The purpose of our paper is to examine the profitability and social desirability of both domestic and foreign mergers in a location-quantity competition model, where we a[...]

The types of contracts that arise in a typical vertical manufacturer–retailer relationship are more sophisticated than usually assumed in standard macroeconomic models. I[...]

The types of contracts arising in a typical vertical manufacturer-retailer relationship are more sophisticated than a simple uniform price. In addition to setting per uni[...]

This paper provides an analysis of how a firm’s decision to serve a foreign market by exporting or by engaging in foreign direct investment (FDI) affects firm productivit[...]

We examine the impact of multinational firms (MNEs) on exchange rate pass-through when an MNE engages in Cournot competition with domestic and foreign rivals. The MNE can[...]

The authors examine the impact of multinational enterprises (MNEs) on exchange rate pass-through in an environment where an MNE engages in Cournot (quantity) competition [...]

Entrepreneurship is a key factor in promoting growth in output and employment. Consequently, to encourage new start-ups, most governments in developed countries have publ[...]

New businesses face constraints in the form of limited access to capital and managerial expertise. Many governments have developed public venture capital programs for the[...]

The purpose of this paper is twofold. First, we provide a detailed social accounting matrix (SAM), which incorporates the income and financial flows into the standard inp[...]

This chapter presents a search model of venture capital, in which the number of successful matches of entrepreneurs and venture capitalists at any moment in time is a fun[...]