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1.
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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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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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Social learning models of investment provide an interesting explanation for sudden changes in investment behaviour. Caplin and Leahy (1994) develop a model of social lear[...]
2004 | Text | Staff Working Paper - Document de travail du personnel |
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