Browsing Congressos / RP by Subject "Comércio"

Now showing items 1-3 of 3

    • International competition and labor market adjustment 

      Pessoa, João Paulo
      2018-02-15
      How does welfare change in the short- and long-run when trade integration takes place under imperfect labor markets? Even if consumers benefit from lower prices, there can be significant welfare losses from increases in ...

    • Money and credit remix 

      Araújo, Luis; Ferraris, Leo
      2018-02-19
      Gu, Mattesini, and Wright (2016) show that credit is irrelevant in a monetary economy with permanent buyer and seller types. In particular, the size of debt limits do not matter for the determination of real allocations. ...

    • Substitution effects in private debt: evidence from SMEs 

      Muñoz, Manuel Illueca; Norden, Lars; Kampen, Stefan van
      2016
      The external finance of small- and medium-sized enterprises (SMEs) is limited to private debt such as bank credit and trade credit. SMEs generally prefer bank credit over trade credit because the former tends to be less ...