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[...]We conclude that technological change, combinedwith overall growth in the capital stock, is the most importantfactor driving the growing wage inequality betweenlow-skilled and high-skilled workers. Increased competitionfrom abroad, both from developing and industrializedcountries, appears...
Persistent link: https://www.econbiz.de/10005870367
Under the international economic order which prevailed between the end of mercantilism and decolonisation (referred to in this essay as liberal imperialism) the costs of transacting, transporting and trading commodities, both within and across national and imperial frontiers declined sharply.1...
Persistent link: https://www.econbiz.de/10005870836
"The chapters in this volume grew out of the first conference devoted solely to the trade of paper. The speakers and attendees met in Erlangen, Germany, in February 2019 [...]. [...] The conference was generously sponsored by the German Research Association (DFG) and by the 'Freundeskreis der...
Persistent link: https://www.econbiz.de/10012416330
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine. We build a model where an unequal distribution of land quality in presence of trade opportunities conferred differential gains from trade across regions, fostering predatory behavior by...
Persistent link: https://www.econbiz.de/10012457162
Persistent link: https://www.econbiz.de/10013480858