[PDF] Top 20 Essays in International Economics: the Trade-Creation Effect of Migration

... of international migration go from positively a ff ecting average welfare to negatively a ff ecting ...the trade-creation e ff ect mitigates some of the loss in welfare stemming from the ... See full document

... of international risk sharing and the existence of nominal and real frictions in the ...in international commerce eliminates the transaction costs associated with the presence of multiple currencies, and ... See full document

... Several principal-agent problems may also be impeding contracts between beekeepers and crop growers. Beekeepers encounter the problem of the harmful effect of pesticides on honey bees. Contracts for pollination ... See full document

... affecting trade in assets issued within the union induces in equilibrium the creation of financial linkages among union ...close trade integration. In the model, asymmetric trade integra- tion ... See full document

... of trade liberalization, some firms may find it profitable to switch distribution methods — either from not-traded to the low-fixed cost method, or from the low-fixed to high-fixed cost ...compound effect — ... See full document

... This effect will squeeze profits in the trad- able sector, making the country less competitive in international ...no effect, and speculate that remittances increase the demand for unskilled labour ... See full document

... An interesting feature of Figure A.3 is that the probability of moving into the high-volatility state rises even on days when the interest rate decision was correctly anticipated. This is perhaps worthy of further ... See full document

... of trade liberalisation on firm dynamics and in particular on labor ...of trade liberalisation in developing countries focuses on wage changes (Borjas and Ramey, 1995; Feliciano, 2001; Attanasio, Goldberg ... See full document

... non-agricultural trade. The first chapter asks whether the observed low trade intensity of agricultural goods is caused by high trade costs or small gains from agricultural ...a trade model, I ... See full document

... standard trade models are static, this paper is closer to the subset within the trade literature interested in firm dynamics and business ...Samuelson effect, the main driver of the business cycle is ... See full document

... Conconi et al. (2012) also study the effect of market structure (relative number of buy- ers and sellers) in the intermediates market as an additional determinant of integration. Suppose that import tariffs reduce ... See full document

... Successively adding precision controls from columns (2) to (6) only minorly alter effect sizes. Particularly influential in reducing standard errors are controls added from columns (4) to (6). These are potential ... See full document

... explaining the growth process (see Römer 1994 for a survey on this issue). The pioneers attempted to incorporate long-run growth within the neoclassical structure by suspending one or more of the assumptions of the ... See full document

... preferential trade and economic activities within the FTA region, I extend the model of Ju and Krishna (2005) by allowing a production of intermediate goods and a variation of origin requirement across ... See full document

... to trade, assuming a continuum of small countries facing exogenously given world prices under free ...free trade and so they will have different growth rates. Other models of trade with learning by ... See full document

... quantify trade policy changes and the associated effects for about 100 countries between 2008 and ...that trade policy changes can explain less than 2% of the decline in international trade ... See full document

... A recent working paper by Tabrizy and Trofimenko (2010) studies the effect of exporting on productivity for firms in India. They find no evidence of post-entry productivity gains and conclude that productivity ... See full document

... of international diversification and conclude that the home bias is the result of optimal ...of international financial markets and the reduction in informational frictions, one would expect the home bias ... See full document

... The determinants of foreign expansion is one of the core questions in the international business literature (Buckley et al., 2007). Opening a store in a foreign country not only requires considerable capital ... See full document

... We first frame this intuition within a complete asset markets setup, in which coun­ tries trade Arrow-Debreu securities prior to the realization o f uncertainty. However, our results do not hinge on many of the ... See full document