Heterogeneous Firms and International Trade: The Role of Productivity and Financial Fragility

Should You Meet the Parents? The Impact of Information on Non-Test Score Attributes on School Choice

“…About 40% of survey respondents list MTP as one of the sources they mostly rely on, with only school open days and other parents' opinion scoring higher. 42 Learning about local schools reportedly has an impact on parents' choices, in line with our main results, as 90% of respondents declare to have changed their mind after attending the meetings. 43 In line with this hypothesis, we estimate larger MTP effects for parents with likely weaker knowledge of the local school market, either because of their ethnicity, language, or residential location (see Section 5.3).…”

“…We report data for a survey administered in 2019. We collect a sample of 195 survey responses, reporting opinions for 20 primary schools, of about 50% of parents participating to the meetings 42. Panel A of Figure2, plots the share of respondents who answered 5 to the following question: "How much do you rely on the following sources of information?…”

International trade and technological competition in markets with dynamic increasing returns

“…The foregoing properties are usually explained on the grounds of imperfect self-selection or unobserved heterogeneity at the rm level (e.g. because entry costs or nancial constraints, see Impullitti et al, 2013;Mayer et al, 2014;Assenza et al, 2016;Guerini et al, 2021). Our model instead generates them from the interaction between imperfect market selection and rm learning.…”

“…This has been rationalized by the presence of heterogeneity in some rm individual characteristic mediating the export decision(Guerini et al, 2021). The literature identi ed either entry costs(Bernard et al, 2011;Mayer et al, 2014), future pro ts uncertainty(Impullitti et al, 2013) or internal nancial condition(Assenza et al, 2016) as possible mediating factors.6 In this paper, with size we refer to rm sales.…”