• Article  

      Entrepreneurship, start-up costs and employment 

      Fonseca, Raquel; Lopez-Garcia, Paloma; Pissarides, Christopher A. (2001)
      We study the effects of business start-up costs on employment, in a model with managers, workers and matching. We show that higher start-up costs discourage entrepreneurs and increase the fraction of the population who ...
    • Article  

      Trade and industrial location with heterogeneous labor 

      Amiti, Mary; Pissarides, Christopher A. (2005)
      It is shown in the context of a new economic geography model that when labor is heterogeneous trade liberalization may lead to industrial agglomeration and inter-regional trade. Labor heterogeneity gives local monopsony ...