are less risk averse workers and when countries trade more. More surprisingly, we find that some congestion costs can help …. This reverses the conventional wisdom that congestion costs tend to inhibit free migration policies. …

We analyze the impacts of labor market integration and migration on skill formation, wage structures, and per capita … integration, by allowing for migration in response to wage differentials, changes the wage structures and, therefore, the … evidence concerning international migration, the widening international income dispersion, the narrowing national income …

redistributive policy is dependant not only on the relative size of the economies but also on the timing of the migration process …: under the small country hypothesis, there is no redistribution in equilibrium if workers' migration decisions are taken with …

In this paper, we analyze the trade war between two large countries when the trade policy is decided through majority … voting. We show how the trade war equilibrium depends on the median voter production factor relative endowment. We compare … this equilibrium to the one analyzed by Johnson where the trade policy is driven by an utilitarian benevolent dictator. …