-exporters' sales. This stylized fact provides a new litmus test for different theories proposed in the literature to explain a trade … well-documented aggregate trade collapse during a financial crisis in world economic history. The model highlights the role … trade collapse following a financial crisis …

-Stiglitz approach, we show that in such model we may exhibit cases of Pareto inferior trade and, in particular, Pareto inferior economic …

systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade …, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant …

This paper analyzes whether Free Trade Agreements (FTAs) signed between the United States and Latin American countries … empirical strategy benefits from the fact that about half of Latin American countries have signed a trade agreement with the … of labor inspectors and a 60 percent increase in the number of inspections. The North American Free Trade Agreement …