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In many industries, firms usually have two choices when expanding into new markets: They can either build a new plant (greenfield entry) or they can acquire an existing i[...]
2011 | Text | Staff Working Paper - Document de travail du personnel |
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A large body of empirical literature investigates differences in financing structures across firms. Private firms’ financing receives little attention due to the lack of [...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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We examine the extent to which vertical and horizontal market structure can together explain incomplete retail pass-through. To answer this question, we use scanner data [...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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This paper studies the sensitivity of Canadian producer prices to the Canada-U.S. exchange rate. Using a unique product-level price data set, we estimate and analyze the [...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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This paper examines the impact of bank consolidation on mortgage rates in order to evaluate the extent to which mortgage markets are competitive. Mortgage markets are dec[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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In this paper, we examine how the effect of movements in the real exchange rate on manufacturing plants depends on the plant's placement within the productivity distribut[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
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In a small open economy fluctuations in the real exchange rate can affect plant turnover, and thus aggregate productivity, by altering the makeup of plants that populate [...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
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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[...]
2009 | Text | Staff Working Paper - Document de travail du personnel |
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This paper examines the relationship between firm size and productivity. In contrast to previous studies, this paper offers evidence of the relationship not only from man[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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The author studies the effects of capital reallocation (the flow of productive capital across firms and establishments mainly through changes in ownership) on aggregate l[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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