importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in …, Indonesia, and the United States. When we aggregate across all products, most of the countries analyzed experienced a decline in …

, unskilled workers, and old retirees. The welfare-state is modeled by a proportional tax on labor income to finance a demogrant …

middle-income countries. This is because the middle-income countries experience the smallest change in the factor-price ratio …

income to finance a demogrant in a balanced-budget manner to capture the essence of inter- and intra- generational …

using a natural experiment in India as well as data from China, Indonesia, the Philippines, South Africa, and Kenya …

international labor mobility. Third, these patterns of integration are associated with a sharp decline in income inequality among … the industrial economies, but not in world income inequality as the income gap between the industrial and developing …. World income per capita will be promoted by such integration …

simple model of income maximization can account for both phenomena. Results on selection show that migrants for a source …