The US-China trade war forced a reluctant semiconductor industry into someone else’s fight, a very different position … from its leading role in the 1980s trade conflict with Japan. This paper describes how the political economy of the global …

negotiation, formation, and rules of international trade agreements. Among other changes, China's 2001 accession to the World … Trade Organization (WTO) introduced new allowances for existing members to deviate from core WTO principles of reciprocity … safeguard based on the threat of quot;trade deflection.quot; This paper asks whether there is historical evidence that imposing …

trade liberalization on wage inequality. In the context of a dynamic trade model with costly labour mobility (Lechthaler and … Mileva, 2013), we show that the effect of trade liberalization on wage inequality depends on i) the time horizon considered …, ii) the degree of worker mobility, and iii) the degree of trade liberalization (partial/full). In the short-run, observed …

Fears of rising wage inequality and job loss loom large in current debates on free trade. Surprisingly, however, there … exists little academic research on how to compensate those who lose from free trade. This policy paper reviews the existing … theoretical literature on trade and compensation, and derives guidelines on how to design compensation schemes in practice. The …

, namely on increasing international trade flows, and will review the evidence on the effect of trade on inequality. Second …

This paper focuses on self-selection into trade by exporting and importing firms, and on the presence of differential … heterogeneity and the connection between firm-level performance and international trade. They provide evidence on the remarkable …

This paper focuses on self-selection into trade by exporting and importing firms, and on the presence of differential … heterogeneity and the connection between firm-level performance and international trade. They provide evidence on the remarkable …