We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …

We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 … prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … naturally to a difference in differences estimation, with international differences in trade openness at the sector level …

In 2007 a Free Trade Area (BFTA) will be created in the Balkans. In this paper we study the potential impact of BFTA on … trade growth in the SEE. Given that welfare impacts associated with trade growth depend on the growth channels, more goods … complicated by the fact that firm-level trade data is not available for the SEE economies. In order to cope with this data paucity …

In 2007 a Free Trade Area (BFTA) will be created in the Balkans. In this paper we study the potential impact of BFTA on … trade growth in the SEE. Given that welfare impacts associated with trade growth depend on the growth channels, more goods … complicated by the fact that firm-level trade data is not available for the SEE economies. In order to cope with this data paucity …