This paper investigates short and long-run effects of trade liberalization on employment and wages. Employment and wage …

affect labour markets in the EU, namely i) trade, ii) foreign direct investment, and iii) migration. A main conclusion of the … study is that trade and capital movements are very unlikely to lead to an equalisation of factor prices. Thus, strong …

In "new" new international trade theory, whether firms export or not are determined by their productivity. These models …