Endogenous quality and firm entry
During economic expansions the net product creation and average product quality increase as firms introduce new products with higher quality. The introduction of new products with higher quality produces a quality bias in price level measures. In this paper I develop a firm-entry model with endogeno...
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| Format: | workingPaper |
| Language: | eng |
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2019
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| Online Access: | http://hdl.handle.net/10400.5/19024 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/19024 |