We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive …

Recent trade theory in the Krugman (1980) tradition predicts that countries with larger market size enjoy higher levels … spending on inputs is affected by trade costs. However, in cross-country data, there is no such positive correlation between … is implicitly assumed in the usual formulation of aggregate CES production functions. Whether trade liberalization …

. Whereas trade does not affect the firm-internal assignment of workers to tasks in a setting with fully flexible wages, it … consequences for firm-level productivity, if low-skilled wages are fixed by a minimum wage. In this case, trade leads to higher per …

The aim of this paper is to formalise a two-country model of trade liberalisation and technical change with … production we allow for comparative advantages and study the trade and technology effects within and between sectors on wages and … employment of skilled and low-skilled workers. Technical change together with inter-sectoral trade has distributional …

Migration has been associated with higher levels of trade. Previous studies interpret this as evidence of migrants …' ability to lower trade costs. Nevertheless, no study has investigated the impact of migrants on firms' foreign trade. Thus …, they fail to both provide evidence on the role that migrants may play in lowering firms' trade costs, and exactly through …

Migration has been associated with higher levels of trade. Previous studies interpret this as evidence of migrants …' ability to lower trade costs. Nevertheless, no study has investigated the impact of migrants on firms' foreign trade. Thus …, they fail to both provide evidence on the role that migrants may play in lowering firms' trade costs, and exactly through …

This study analyses the effect of trade and migration on wages and labour market mobility. We estimate wage growth … in the reactions of white and blue-collar workers wages and mobility to trade and migration. In Austria exports have a … of workers. The risk of being out of work by contrast is increased by migration and imports for only blue-collar workers …

. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … migration. The essential question is whether, in times to come, these four countries could be the new engines of growth for the …

heterogeneous economy, we show how different regional rates of technical progress due to trade and FDI interact with constraints to … unskilled labor mobility. As favored regions benefit more from trade, their growing demand for skills drains skilled workers …