Enacted March 27, 2020, the Paycheck Protection Program (PPP) was the most ambitious and creative fiscal policy … response to the Pandemic Recession in the United States. PPP offers forgivable loans - essentially grants - to businesses with … 500 or fewer employees that meet certain requirements. In this paper, we present evidence that PPP has substantially …

affect labour markets in the EU, namely i) trade, ii) foreign direct investment, and iii) migration. A main conclusion of the … study is that trade and capital movements are very unlikely to lead to an equalisation of factor prices. Thus, strong …

paper I illustrate their long-term consequences. I first consider the influence of the slave trade on the "sending … consequences of the slave trade on the "receiving" countries in the Americas. Here I distinguish between the case of Latin America …

This paper contributes to the debate on the effects of trade versus technological change on wage differentials. We … product markets have become increasingly integrated. Moreover, it can explain why the volume of trade between developed and …

international trade increasing competition and therefore the price elasticity of product demand, exporters are predicted to have …