When, about twenty years ago, the Euro was created, one objective was to facilitate intra-European trade by reducing … transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling … trade effect for goods of almost 8 percent, but a much smaller effect for services trade. Digging deeper, we detect …

also to a large number of variables capturing the various transmission channels. The inclusion not only of aggregate trade … variables but also of variables covering trade with different partner countries/regions helps analyzing more deeply the trade … channel, e. g. the role of direct trade versus trade with third countries. Another focus lies on the transmission of US shocks …

Summary The last decade has been shaped by dramatic developments in international trade, international investment and …-breaking innovations in the theories of trade, location and the multinational firm allow a fresh look at these labor market effects. This … the labor market implications of trade and FDI. We identify research gaps and highlight promising avenues for future …

Summary The global financial crisis has contributed to the redirection of trade towards new markets outside the OECD … empirical examination of the consequences of this shift, based on Swedish firm-level trade data. Results suggest that weak … institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are …