WebJun 7, 2024 · Spatial Wage Differentials, Geographic Frictions and the Organization of Labor within Firms. 63 Pages Posted: 10 Sep 2024. See all articles by Camilo Acosta … WebSegmented Arbitrage. By: Emil Siriwardane, Adi Sunderam and Jonathan L. Wallen. We use arbitrage activity in equity, fixed income, and foreign exchange markets to characterize the frictions and constraints facing intermediaries. The average pairwise correlation between the 29 arbitrage spreads that we study is 21%.
Understanding Markups in the Open Economy under …
Webcombines a workhorse model of trade subject to geographic frictions with features of local agglomeration externalities as well as an overlapping generations model of labor mobility also subject to spatial fractions. We derive parameter conditions, for arbi-trary geographic scenarios, under which equilibrium transition paths are unique and WebJan 1, 2024 · Request PDF On Jan 1, 2024, Camilo Acosta Mejia and others published Spatial Wage Differentials, Geographic Frictions and the Organization of Labor within Firms Find, read and cite all the ... barbara nechis
Trade growth in a heterogeneous firm model: Evidence from So
WebOren Ziv is Assistant Professor of Economics at Michigan State University. His work focuses on empirical and theoretical aspects of urban economics, economic geography and international trade. He is particularly interested in the location decisions of firms and how geographic frictions affect market outcomes. WebThe reduction in geographic frictions is particularly beneficial for high quality scientists that are otherwise embedded in worse local environments. Consistent with the theory, lower travel costs also endogenously change the types of projects scientists engage in at different levels of distance. WebGeographic frictions embodied in trade costs make rms prices more likely to be bound by their next best rival when selling overseas compared to their home market. The result allows us to fully specify a form of price rigidity that arises endogenously due to cutthroat competition, even though prices are otherwise perfectly exible. barbara nefstead