subsequently estimated. This social componentʺ of migration is then tested on international trade, providing a direct measure of … the impact of social networks on the economy. -- Social interaction ; non-market interaction ; international Trade …

This paper surveys a wide body of economic literature on the relationship between currencies and trade. Specifically …, two main issues are investigated: the impact on international trade of exchange rate volatility and of currency … misalignments. On average, exchange rate volatility has a negative (even if not large) impact on trade flows. The extent of this …

This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R …&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent … countries and a link between the nodes indicates the existence of a trade agreement. In this framework, the multilateral trade …

presents a comprehensive study of its trade impacts by incorporating recent insights from both the global value chain (GVC) and … time in trade literatures. Inserting tariffs directly into the gravity equation breaks the ITAs impact down into four … positive non-tariff effects on both imports (layer 3) and exports (layer 4). These commitment effects suggest that higher trade …

countries' welfare in the context of international trade. In an asymmetric information environment where producers know the … different distributions of tastes and/or different production functions will thus decide to label differently. When they trade … of producing quality instead, none of the trading partners will lose from a move towards trade under an international …

-affected environments. Against that background, the purpose of this working paper is twofold: it sets out to explore trade issues that can … undermine effective disaster response, and then outlines how these trade issues might be addressed, including through … implementation of the WTO Trade Facilitation Agreement as well as through technology-enabled services and the expansion of disaster …

Trade costs such as applied tariffs, transportation and insurance costs are amplified as they pass through the multiple … production steps associated with modern supply chains. This so-called "cascade effect" arises since trade costs accumulate as … the final consumer. Moreover, the financial impact of these trade costs is magnified in the "trade in tasks" rationale …

country facing the sanctions is likely to develop trade relations with third parties that are not part of the sanction …

The geography of global value chains (GVCs) depends crucially on trade costs between countries hosting various stages … of production. Some stages might be more sensitive to trade costs than others. In this paper, we exploit a value …-added decomposition of bilateral trade flows to distinguish low value-added GVC trade typically associated with production stages such as …

Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre …) A debate has arisen as to whether this global trade slowdown, and related falling trade-to-income elasticity, was … the prominent role of aggregate demand, notably when weighted by its trade component. Our paper goes in this latter …