Travel agencies are monitored based on the autoregression model, which takes into account both the external and internal factors for each agency. The dynamics of the reported indicators is used to assess the risk of an agency to go bankrupt. The numerical example illustrates the approach described.
We show that an ostensibly disparate set of stylized facts regarding firm pricing behavior can arise in a Ricardian model with Bertrand competition. Generalizing the Bernard, Eaton, Jensen, and Kortum (2003) model allows firms' markups over marginal cost to fall under trade liberalization, but increase with FDI, matching empirical studies in international… (More)