market competition will reduce equilibrium unemployment, whereas the effect of increased capital intensity is more complex …. Higher capital intensity will decrease the equilibrium unemployment when the elasticity of substitution between capital and … price setting mark-ups, affect the optimal capital stock. Our findings raise important questions for future empirical …

We demonstrate how endogenous information acquisition in venture capital markets creates investment cycles when …

and endogenous capital intensity. With endogenous capital intensity, stronger labor market imperfections always increase … not necessarily monotonic, but there is an elasticity of substitution between capital and labor below one such that the …

and endogenous capital intensity. With endogenous capital intensity, stronger labor market imperfections always increase … not necessarily monotonic, but there is an elasticity of substitution between capital and labor below one such that the …

We demonstrate how endogenous information acquisition in venture capital markets creates investment cycles when …

U.S. venture capital (VC) firms have provided the startup funding needed by many technology firms. However, bank … specific industries is presented, with the data collected from PriceWaterhouse, VentureOne, and the National Venture Capital …