; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "The Opportunity Costs of Entrepreneurs in International Trade"; ; "batchuser@example.com"; "Pujolas, Pau S.", "Ruhl, Kim J.", "Kehoe, Timothy Jerome, 1953-"; "Federal Reserve Bank of Minneapolis"; "International trade", "Span-of-control model", "Income distribution", "Firm heterogeneity"; "D43 - Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection", "F12 - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation", "D31 - Personal Income, Wealth, and Their Distributions"; "We show that a trade model with an exogenous set of heterogeneous firms with fixed operating costs has the same aggregate outcomes as a span-of-control model. Fixed costs in the heterogeneous-firm model are entrepreneurs' forgone wage in the span-of-control model."^^; "2016-08-01"; "2019-05-17T13:52:59.166349399+00:00"^^; "https://doi.org/10.21034/sr.533"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Thu Nov 7 21:36:57 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "394", "677", "631"; "Staff report (Federal Reserve Bank of Minneapolis. Research Department)"; "533"; "International trade", "Firm heterogeneity", "Income distribution", "Span-of-control model"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Economics Letters_ (Vol. 146, 2016, pp. 01-03) https://doi.org/10.1016/j.econlet.2016.07.012."^^; ; "Publication" . ; .