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Intra-firm trade, from parents to affiliates, has been combined with standard models of multinational production (MP) to deliver gravity-style predictions for foreign affiliates' sales. Nonetheless, the evidence shows that intra-firm trade is concentrated among a small set of large multinational...
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This paper studies volatility spillovers in credit default swaps (CDS) between the corporate sectors and Latin American …
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reduces the employment level, the share of employment in the population, the hourly wage, the interindustry wage premium, and … the share of informal employment. The industry-level results indicate that a rise in import penetration from either China … or the rest of the world (ROW) reduced the employment level, hourly wage, and share of informal employment while …
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