We investigate the effects of US-imposed trade sanctions on the global trade patterns of sanctioned countries by … partial and complete US sanctions lead to significant reductions in bilateral trade between the US and target countries as … well as between target and third countries. A unit increase in the intensity of complete trade sanctions in place reduces …

-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …

This paper studies the implications for wage inequality of two distinct forms of globalisation, namely trade and …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … interplay between trade, FDI and labour market institutions. …

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 …

This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations … indeterminate pattern of trade. …

attitudes towards globalization barriers (trade and immigration) and how important these attitudes are in how people vote. In … line with the existing results in the literature, we find that more educated and richer voters support freer trade and more … immigration. We also find that conservative voters in Sweden are more likely to prefer freer trade but higher immigration barriers …

Migrants shape market access: first, they reduce international trade frictions and second, they change the geographical … exports and imports to immigrant population and quantifies these effects in a model of inter- and intra-national trade and … import (export) trade costs by 7% (2.5%) on average and decreases US natives' real wages by more than 2%. States with higher …

on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …