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Market imperfections, wealth inequality, and the distribution of trade gains

Foellmi, Reto; Oechslin, Manuel - 2009

Persistent link: https://www.econbiz.de/10003911944

Market imperfections, wealth inequality, and the distribution of trade gains

Foellmi, Reto; Oechslin, Manuel - In: Journal of international economics 81 (2010) 1, pp. 15-25

Persistent link: https://www.econbiz.de/10008648752

Market imperfections, wealth inequality, and the distribution of trade gains

Foellmi, Reto; Oechslin, Manuel - 2010

Globalization increasingly involves less-developed countries (LDCs), i.e., economies which usually suffer from severe imperfections in their financial systems. Taking these imperfections seriously, we analyze how credit frictions affect the distributive impact of trade liberalizations. We find...

Persistent link: https://www.econbiz.de/10008760477

Market imperfections, wealth inequality, and the distribution of trade gains

Oechslin, Manuel; Foellmi, Reto - 2006

Persistent link: https://www.econbiz.de/10003294050

A new Ricardian model of trade, growth and inequality

Marjit, Sugata - 2020

The classical Wage Fund (Capital or Credit) framework is integrated with the simplest text-book version of the … theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to …. Technological progress without physical capital accumulation magnifies inequality in or out of steady state, generating a Picketty …

Persistent link: https://www.econbiz.de/10012312232