Vor 200 Jahren hat einer der Gründungsväter der modernen Volkswirtschaftslehre, David Ricardo, in seinem Buch Principles of Political Economy and Taxation die Theorie der komparativen Vorteile vorgestellt. Vom Abbau von Handelsbarrieren profitieren alle Länder, sogar die, die im Vergleich zu...

We introduce search unemployment à la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes....

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...

In this paper, we provide an overview of the relationship between international migration and international trade as well as capital movements. After taking a brief historical perspective, we first investigate migration flows between two countries in a static, neoclassical context. We allow for...

Diese Arbeit will einen Beitrag zur Klärung des Befriffes Globalisierung leisten. Im Rahmen eines einfachen Modells werden zwei relevante Globalisierungsszenarien analysiert, wobei besonderes Augenmerk auf eine klare Trennung zwischen den Effizienz- und den Verteilungswirkungen gelegt wird. Wir...

In this paper, we provide an overview of the relationship between international migration and international trade as well as capital movements. After taking a brief historical perspective, we first investigate migration flows between two countries in a static, neoclassical context. We allow for...