We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … beliefs on the average propensity to trade of the other group. Since confict disrupts trade, the onset of a conflict signals … after each conflict episode. Third, accidental conflicts that do not reflect economic fundamentals can lead to a permanent …

characteristics that, arguably, should play no role on the determination of wages: gender and ethnicity. This paper analyzes wage gaps …

two applicants differ with respect to characteristics such as gender, age, education, experience, ethnicity, religious …