Fixed transaction costs and delivery lags are important costs of international trade. These costs lead firms to import …

This study is a theoretical and empirical analysis of the effects of time and money costs of labor market participation … on married women's supply behavior. The existence of fixed costs implies that individuals are not willing to work less … hours function are derived. The empirical analysis develops and estimates labor supply functions when fixed costs are …

The standard version of q theory, in which investment is positively related to marginal q, breaks down in the presence … of fixed costs of adjustment. With fixed costs, investment is a non-monotonic function of q. Therefore its inverse, which … investment and marginal q can be either positive or negative. Given certain homogeneity assumptions, a version of the theory …

.g. Caballero (1989) or Reis (2006)) or volatile-but-short (e.g. Reis's (2006) example where observation costs are negligible), but … observations. We show that non- negligible observation costs produce both these effects: intervals between observations are both …

firm trade models: Investing in exporting gradually and stochastically lowers the costs of exporting. The model captures … variable export costs, and tariff reforms generate time-varying trade elasticities. We show that the gains from reducing …

away export platforms – i.e. they do not allow foreign affiliates of multinationals to export – or by ignoring fixed costs … multinational firms that engage in export platform sales and that face fixed costs of foreign investment. I first estimate the model … using German firm-level data to uncover the size and nature of costs of multinational enterprise and show that the fixed …

response, researchers have developed models with fixed costs of adjustment to explain the data. While these models generate the … based on models without fixed costs. Moreover, models with fixed costs have non-degenerate, time-varying distributions of …