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pro vyhledávání: '"Kadeshah Thomas"'
Publikováno v:
SSRN Electronic Journal.
This paper investigates a model of endogenous innovation which results in product differentiation. Prior to innovation the firms supplied an entirely homogeneous product. Unlike other models of product differentiation, the cost of innovation is pa
Publikováno v:
SSRN Electronic Journal.
Developing country governments are often forced to issue debt in a foreign currency or commit the "original sin". The "original sin", regardless of exchange rate regime, exacerbates debt problems for these countries. Consequently, this paper investig