Der Beginn der bremisch-australischen Handelsbeziehungen wurde in den vierziger Jahren des 19. Jahrhunderts durch die Beförderung von Auswanderern eingeleitet. Dadurch wurde Australien für Bremen aber kein "zweites Amerika", die Masse der europäischen Australienauswanderer kam aus...

Does trade affect the equilibrium rate of unemployment? To theoretically examine this question, we incorporate firm-union bargaining considerations into a model with a booming external sector and a stagnating manufacturing sector. In the model, a sustained improvement in the terms of trade...

The trade and wages debate worldwide, over the last decade has focused attention on the possible relationships between trade liberalisation and the factor distribution of income. In Australia real wages in manufacturing have remained about the same since 1977 while real GDP has doubled. At the...