Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …

In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing …

predicts Veblen effects, rationalizes attitudes against redistribution and trade, and provides a novel motive for social …

critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …

This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced … trade only nominal factor prices. International financial flows will not alter pattern of trade, but movement of labour and … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit …

specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … developing economy grows faster than the rest of the world as a result of global fragmentation and trade in intermediates if it … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …