Volatility, financial constraints, and trade
(2011)
Journal Article
García-Vega, M., Guariglia, A., & Spaliara, M.-E. (2012). Volatility, financial constraints, and trade. International Review of Economics and Finance, 21(1), 57-76. https://doi.org/10.1016/j.iref.2011.05.003
We construct a dynamic monopolistic competition model with heterogeneous firms to study the links between firms' earnings volatility, their degree of financial constraints, their survival probabilities, and their export market participation decisions... Read More about Volatility, financial constraints, and trade.