Showing 1 - 10 of 394
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 …
Persistent link: https://www.econbiz.de/10012141201
of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …
Persistent link: https://www.econbiz.de/10015097108
migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social … natives. Trade and both migration solutions reduce inequality between the populations of the two countries by the same amount …. In addition, trade and migration are not equivalent if social capital is present: the highest welfare is obtained with …
Persistent link: https://www.econbiz.de/10010262028
In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the sector with the lower (or equal) vacancy...
Persistent link: https://www.econbiz.de/10010269045
This paper examines the role of immigrant networks on trade, particularly through the demand effect. First, we examine … the effect of immigration on trade when the immigrants consume more of the goods that are abundant in their home country … than the natives in a standard Heckscher-Ohlin model and find that the effect of immigration on trade is a priori …
Persistent link: https://www.econbiz.de/10010274654
In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the sector with the lower (or equal) vacancy...
Persistent link: https://www.econbiz.de/10005070432
migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social … natives. Trade and both migration solutions reduce inequality between the populations of the two countries by the same amount …. In addition, trade and migration are not equivalent if social capital is present: the highest welfare is obtained with …
Persistent link: https://www.econbiz.de/10005822670
This paper examines the role of immigrant networks on trade, particularly through the demand effect. First, we examine … the effect of immigration on trade when the immigrants consume more of the goods that are abundant in their home country … than the natives in a standard Heckscher-Ohlin model and find that the effect of immigration on trade is a priori …
Persistent link: https://www.econbiz.de/10008682952
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 …
Persistent link: https://www.econbiz.de/10013351950
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 …
Persistent link: https://www.econbiz.de/10014469365