Skip to main content
3 results found.
Return to Latest Publications
We study the gains from trade in a new model with oligopolistic competition, firm heterogeneity, and innovation. Lowering trade costs reduces markups on domestic sales but increases markups on export sales, as firms do n...Read more...
Giammario Impullitti, Omar Licandro and Pontus Rendahl
11 December 2018
Direct involvement of global banks in local retail activities can reduce risk-taking by promoting local competition. We develop this argument through a model in which multinational banks operate simultaneously in differe...Read more...
Ester Faia and Gianmarco Ottaviano
27 March 2017
In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or to...Read more...
Holger Breinlich, Volker Nocke and Nicolas Schutz
27 October 2015