fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a … rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative …

While the impact of globalization on income inequality has received a lot of attention,little is known about its effect …

This Paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically … linked upstream and downstream firms. We show that optimal policy towards upstream industries typically differ from the … optimal policy towards downstream industries. Internationalization impacts on the costs as well as on the benefits related to …