In the last decades, international trade has increased between industrialised countries and between high- and low …-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this … paper aims to investigate the impact of international trade on wage dispersion in a small open economy. It is one of the few …

The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in …

of the euro area, we estimate intra- and extra-euro area import demand functions and impose various restrictions within … due to changes in their relative prices, while exchange rate volatility decreases trade vis-à-vis regions characterised by … volatility and leads to substitution of trade away from higher-volatility regions towards lower-volatility regions …

The paper analyses the impact of import penetration on firms' profitability in 15 manufacturing industries in 10 euro … area countries during 1995-2004, focusing on the role of emerging market economies. Our results indicate that import …