International trade can have profound effects on domestic institutions. We examine this proposition in the context of … medieval Venice circa 800-1350. We show that (initially exogenous) increases in long-distance trade enriched a large group of …-scale mobilization of capital for risky long-distance trade. Over time, a group of extraordinarily rich merchants emerged and in the …

-rediscovered Roman and Canon law; students with legal training served in positions that reduced the uncertainty of trade in medieval …

International trade became much less multilateral during the 1930s. Previous studies, looking at aggregate trade flows …, have argued that discriminatory trade policies had comparatively little to do with this. Using highly disaggregated … information on the UK's imports and trade policies, we find that policy can explain the majority of Britain's shift towards …

What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade … frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international … trade flows. We construct a new balanced sample of bilateral trade flows for 130 country pairs across the Americas, Asia …

In this chapter, we describe long-run trends in global merchandise trade and immigration from 1870 to 2010. We revisit … interwar period, and then rebounded (but with much more pronounced growth in trade than in immigration). More substantively, we … the composition of merchandise trade towards manufactured goods precisely dating from 1950. Finally, using a triple …

have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper … develops a theoretical model of the relationship between trade and war which can help to explain both these observations …

information collected from these records, we estimate a structural gravity model of long-distance trade in the Bronze Age. We use … others. Confronting our structural estimates for ancient city sizes to modern data on population, income, and regional trade …