for technology diffusion, how this changed over time, and whether international trade, foreign direct investment, and … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of … from the early 1970s to the 1990s. Third, I estimate that trade patterns account for the majority of all differences in …

allocation of resources across developed countries at the business cycle frequency. Here we discuss how evidence on international … quantity comovement, exchange rates, asset prices, and international portfolio holdings can be used to assess efficiency …

In this paper, we empirically assess the causal links between trade and individual income risk and study the role that …-industry changes in imports and exports are causally related to income risk: Imports increase risk and exports decrease risk, and they … and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation …

execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …

This paper examines the decision to enter the export market by German firms. While exports have played an important …