This paper studies the effect of firms'export activity on the gender wage gap among its workers. Using matched employer-employee data from Germany for the period be- tween 1993 and 2007, we show that an increase in a firm's export widens the wage gap between male and female blue-collar workers,...

By combining two large data sets (on international trade flows and cross-border mergers and acquisitions - M&As), we test two implications of Neary’s (2003, 2007) general oligopolistic equilibrium (GOLE) model (incorporating strategic interaction between firms in a general equilibrium...

Motivated by the increased importance of trade between industrialized and less-developed countries, we build a DSGE model featuring comparative advantage and inter-industry trade to analyze business cycle dynamics of industrialized countries. We show that productivity shocks lead to shifts in...

One criticism of the gravity model of international trade is that it takes no account of comparative advantage. This critique is particularly important when the gravity model is considered for policy applications such as identifying priority markets for trade promotion programs. For example, the...