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Globalization Policies and Israel's Brain Drain

Razin, Assaf - 2017

Persistent link: https://www.econbiz.de/10012960698

Might Global Uncertainty Promote International Trade?

Baley, Isaac - 2019

Common wisdom dictates that uncertainty impedes trade—we show that uncertainty can fuel more trade in a simple general equilibrium trade model with information frictions. In equilibrium, increases in uncertainty increase both the mean and the variance in returns to exporting implying that...

Persistent link: https://www.econbiz.de/10012891335

Globalization and Global Crises : Rest of the World vs. Israel

Razin, Assaf - 2021

. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …Post WWII globalization forces are facing headwinds in the form of global crises-the “The Great Recession” and the “The … Pandemic Recession”. Israel’s trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …

Persistent link: https://www.econbiz.de/10013250932

The Elasticity of Trade : Estimates and Evidence

Simonovska, Ina - 2011

Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data...

Persistent link: https://www.econbiz.de/10013129231

International Migration and International Trade

Razin, Assaf; Sadka, Efraim - 2021

This paper surveys key developments in the theory of international migration and international trade, and provides a few stylized facts. International migration, in many important cases, such as cross-country differences in productivity, can be a complement to international flows of commodities....

Persistent link: https://www.econbiz.de/10013218419

Measuring Openness to Trade

Waugh, Michael E. - 2016

from moving to a world with frictionless trade. In this model, a country's trade potential depends on only the trade …

Persistent link: https://www.econbiz.de/10012994894

International Trade and Intertemporal Substitution

Leibovici, Fernando - 2014

This paper studies the dynamics of international trade flows at business cycle frequencies. We show that introducing dynamic considerations into an otherwise standard model of trade can account for several puzzling features of trade flows at business cycle frequencies. Our insight is that...

Persistent link: https://www.econbiz.de/10013047024

Which Countries Export FDI, and How Much?

Razin, Assaf; Rubinstein, Yona; Sadka, Efraim - 2021

The paper provides a reconciliation of Lucas' paradox, based on fixed setup costs of new investments. With such costs, it does not pay a firm to make a small' investment, even though such an investment is called for by marginal productivity conditions. Using a sample of 45 developed and...

Persistent link: https://www.econbiz.de/10013238750

Redistributing the Gains from Trade Through Progressive Taxation

Lyon, Spencer - 2018

Should a nation's tax system become more progressive as it opens to trade? Does opening to trade change the benefits of a progressive tax system? We answer these question within a standard incomplete markets model with frictional labor markets and Ricardian trade. Consistent with empirical...

Persistent link: https://www.econbiz.de/10012915221

Equilibrium Technology Diffusion, Trade, and Growth

Perla, Jesse - 2015

We study how opening to trade affects economic growth in a model where heterogeneous firms can adopt new technologies already in use by other firms in their home country. We characterize the growth rate using a summary statistic of the profit distribution—the mean-min ratio. Opening to trade...

Persistent link: https://www.econbiz.de/10013029555