In this paper we investigate "integrated equilibria" of two-country models. Extending the basic framework non-traded goods as well as minimum wages are introduced and their effects on the models' results are studied. Finally, the consequences of three types of labor "shocks" are analyzed.

Little is known about the total factor productivity of the non-tradable sectors in China. In this paper we estimate productivity growth of the non-tradable sectors by studying the relative price movements of the non-tradable sectors vis-à-vis the tradable sectors, i.e. changes in the internal...