much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit … their impact on production, trade and unemployment. The paper has policy implications for role of financial development …This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced …

Dixit and Stiglitz (1977) with applications in international trade by Krugman (1979,1980), by modeling fixed and variable … pattern of trade between varieties and output per variety, which is indeterminate in a standard single good Dixit …-Stiglitz-Krugman model. Later we reflect on wage inequality and unemployment providing some interesting results. …

This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … income distribution. With a minimum wage and unemployment availability of credit affects number of varieties. With imperfect … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations …

We present a dynamic quantitative trade and migration model that incorporates downward nominal wage rigidities and show … how this framework can generate changes in unemployment and labor participation that match those uncovered by the ….S. states, including many that experience unemployment during the transition. However, nominal rigidities reduce the overall U …

policy. The setting is that of a small open economy in which incomes depend importantly on trade in dirty goods, where income … interacts with the pollution costs and income benefits of trade in dirty goods to further polarize interests concerning both … environmental stringency and the regulation of trade openness. In this context, we show how the eco-friendliness ranking of …

poorer individuals and, in specific circumstances, on the whole population. In an open economy with free trade, lower income … inequality in one country creates price divergence between trading countries. Lower inequality not only further decreases trade …

We develop a model of international trade between two symmetric countries that features inter-group inequality between … this framework international trade leads to a self-selection of the best firms into export status, and aggregate welfare … increases if this selection effect is sufficiently strong. Gains from trade are accompanied by larger inequality along multiple …

We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market … strategically set termination fees to induce fragmentation. This takes place when advertising revenues are potentially large but … identify an important link between termination fees, the online advertising market and Internet fragmentation. We extend the …

interact with fragmentation in determining government size. The empirical study of the role of fragmented governments for …

trade and low market potential (income per capita). We tentatively conclude that cities are important drivers of FDI and …