of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …

Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade … that this trade-promoting effect of language is likely to reflect cultural ties, rather than lower costs of communication … local dialect between regions have a sizable and significant positive impact on intra-national trade. We interpret this …

This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …

Despite the EU emphasis on the 1995 Barcelona process, trade integration with the Mediterranean (MED) countries is … compute the trade potential of these EU partners from 1995 to 2002 using an "out-of-sample" methodology. The coefficients are … taken from different panel estimators of the gravity equation relative to intra-EU trade. Our analysis suggests the …

emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …

language of trade theory, are the benefits from exporting industry specific or factor specific? To analyze this question, we … increase in apparel export prices, consistent with trade theory, and that the change estimated with a cross-section IV approach …

-run, general-equilibrium neoclassical trade theory. As in other studies, we find that the export shock was localized both in terms …

Morocco's trade liberalization policies coincided with macroeconomic growth over the past two decades. The relationship … between trade liberalization and individual-level labor-market outcomes, however, are not well understood. By combining three … complementary approaches and modeling techniques, this paper estimates: (i) the relationship between trade agreements and trade …

-skilled individuals and female workers. The results show that trade does not lead to the same connection with domestic labor markets in … developing countries. Despite being more open to trade, trade-intensive industries in Egypt have not experienced a significant …