This paper seeks to identify the relation between a country's trade share and its income level. We ask whether this relation changed between 1995 and 2005 and whether there has been an observable shift toward increased trade variety for high income countries. In order to address these questions,...

Europe experienced substantial cross-country variation in domestic credit growth and cross-border capital flows during the pre-crisis period. We investigate the inter-relations between domestic credit growth and international capital flows over 1993-2008, with a special focus on the 2003-2008...