Sökning: "Torben Mideksa"
Hittade 1 avhandling innehållade orden Torben Mideksa.
1. Essays on Saving, Borrowing and Intangible Capital
Sammanfattning : Essay I: Can an increasing importance of intangible capital in the economy explain increases in markups and profits? I use a heterogeneous firm model to show how intangible capital is related to markups and profits at the industry level. The uncertainty and scalability properties of intangible capital imply that firms that succeed in their intangible capital investment can charge high markups relative to other firms, whereas firms that fail will exit. LÄS MER
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