This paper looks at the effect of credit constraints on skill acquisition when agents have heterogeneous abilities and wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade on factor earnings as well as the evolution of the...

"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...

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...