Showing 1 - 8 of 8
This paper quantifies the positive and normative impact of Bretton Woods capital controls on global and regional economic activity. A three-region DSGE capital flows accounting framework consisting of the U.S., Western Europe, and the Rest of the World (ROW) is developed to quantify capital...
Persistent link: https://www.econbiz.de/10014337829
We examine US workers' employment and earnings before and after trade liberalization with China. Among workers …
Persistent link: https://www.econbiz.de/10014544717
We use the new dataset of trade flows across 269 European regions in 24 countries constructed in Santamaría et al …. (2020) to systematically explore for the first time trade patterns within and across country borders. We focus on the … differences between home trade, country trade and foreign trade. We document the following facts: (i) European regional trade has …
Persistent link: https://www.econbiz.de/10014247958
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post … towards globalization. Similarly, the COVID pandemic provided novel arguments against free trade based on global supply chain … resilience, but neither the pandemic nor short run policy response had enduring effects on trade flows. We demonstrate that …
Persistent link: https://www.econbiz.de/10014250133
A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the … method implies that redistributive trade protection accounts for a significant fraction of US tariff variation and causes …
Persistent link: https://www.econbiz.de/10014421223
Persistent link: https://www.econbiz.de/10011445115
Persistent link: https://www.econbiz.de/10011773779
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine. We build a … model where an unequal distribution of land quality in presence of trade opportunities conferred differential gains from … trade across regions, fostering predatory behavior by groups residing in the poorly endowed territories. We show that in …
Persistent link: https://www.econbiz.de/10012457162