Showing 1 - 8 of 8
While the impact of exchange rate changes on economic growth has long been an issue of key importance in international macroeconomics, it has received renewed attention in recent years, owing to weaker growth rates and the debate on "currency wars". However, in spite of its prevalence in the...
Persistent link: https://www.econbiz.de/10010886950
This paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by employing bounds test approach to level relationship. In Iran, there have been many unusual policy changes and/or external shocks to the economy which resulted in the occurrence of...
Persistent link: https://www.econbiz.de/10010956087
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 …
Persistent link: https://www.econbiz.de/10011203163
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10009646509
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with...
Persistent link: https://www.econbiz.de/10008592858
This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market … distributions are asymmetric because the foreign firm incurs a trade cost to serve the domestic market. We show that the foreign …, justifying the use of contingent trade policy on efficiency grounds. Despite an environment of asymmetric information, contingent …
Persistent link: https://www.econbiz.de/10010886945
This paper explores the role of pooled-producer, e.g. private label, trade intermediation in shaping the range and … diversity of exports. Direct sales maintain a firm's unique product characteristics (`brand equity'), whereas trade through an … trade variety for volume, firms face greater competition from the new pooled-products, and intermediaries capture much of …
Persistent link: https://www.econbiz.de/10010886970
We develop a new model of trade in which educational institutions drive comparative advantage and determine the … support of human capital choices to demonstrate that freer trade can induce crowding out of the middle occupations towards the … gains from trade may be non-monotonic in workers' ability, and middle ability agents can lose the most from trade …
Persistent link: https://www.econbiz.de/10010886979