trade costs that indirectly infers trade frictions from observable trade data. I show that this trade cost measure is … show that U.S. trade costs with major trading partners declined on average by about 40 percent between 1970 and 2000, with … Mexico and Canada experiencing the biggest reductions. -- trade costs ; gravity ; multilateral resistance ; Ricardian trade …

that raised the cost of fixed-term contracts while keeping permanent contract costs unchanged. We employ a difference … vacancies in Italy, our findings indicate that the increase in hiring costs for temporary contracts led to a decrease in the …

This paper studies the costs and benefits of delegating decisions to superiorly informed agents relative to the use of … play then an important role in determining the costs of delegation. The main focus of the paper lies indeed in the analysis … of these costs and the consequences for whether or not delegation is optimal. We determine and characterize the …

model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to … the standard search and matching model. -- monetary persistence ; labor market ; hiring and firing costs …

equations, trade is more sensitive to trade costs if the exporting country only provides a small share of the destination … country's imports. As a result, trade costs have a heterogeneous impact across country pairs, with some trade flows predicted … modest or indistinguishable from zero. -- translog ; trade costs ; gravity ; currency union ; monopolistic competition …