Browsing Faculté des arts et des sciences – Département de sciences économiques - Cahiers de recherche by Subject "Search and matching"
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(Université de Montréal. Département de sciences économiques., 2019-05)The literature on search frictions has often adopted the assumption of free entry. In this paper we forgo of this restriction by proposing a more realistic framework in which individuals are constantly making the decision whether or not to open a firm. ...