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Natural disasters and the effect of trade on income : a new panel IV approach

Felbermayr, Gabriel; Gröschl, Jasmin - 2011

institutional variables? In this paper, we generalize F&R's geography-based empirical strategy to a panel setting. We observe that … in panel setups where it is possible to fully control for geographical and historical determinants of countries … disasters ; instrumental variable estimation ; panel econometrics …

Persistent link: https://www.econbiz.de/10009240715

Firm dynamics and residual inequality in open economies

Felbermayr, Gabriel; Giammario, Impullitti; Prat, Julien - 2014

Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....

Persistent link: https://www.econbiz.de/10010250120

Going deep : the trade and welfare effects of TTIP revised

Aichele, Rahel; Felbermayr, Gabriel; Heiland, Inga - 2016

Since July 2013, the EU and the United States have been negotiating a preferential trade agreement, the Transatlantic Trade and Investment Partnership (TTIP). We use a multicountry, multi-industry Ricardian trade model with national and international inputoutput linkages to quantify its...

Persistent link: https://www.econbiz.de/10011519132