We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003) and Melitz and Ottaviano (2005). The model is constructed to yield testable implications for the dynamics of international prices, productivity levels and markups as functions...

We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003) and Melitz and Ottaviano (2005). The model is constructed to yield testable implications for the dynamics of international prices, productivity levels and markups as functions...

Gut verständliches Grundlagenwerk für das MBA-Studium mit dem Schwerpunkt der globalisierten Finanzwirtschaft. Rezension (ekz): In diesem opulenten Lehrbuch dreier Professoren, die in der englischen Finanzwirtschaft massgeblich tätig sind, werden die realen ökonomischen Probleme, die die...