Skip to main content
Keyword: distortion;
Search again
Return to Latest Publications
We characterize the equilibrium and optimal resource allocations in a general equilibrium model of monopolistic competition with multiple asymmetric sectors and heterogeneous firms. We first derive general results for ad...Read more...
Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Sudekum
6 December 2016
This paper studies how differences in the size of barriers to capital accumulation can account for differences in long run economic development paths. In this model barriers affect both the beginning date and the pace of...Read more...
L. Rachel Ngai
January 2003