We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive …

on gravity modeling and estimation for international trade and migration and on domestic firm-level labor market effects … migration frictions. Chapter 3 asks how the welfare quantification of trade liberalization changes if one allows workers to be … trade with endogenous international migration choices of workers. We use the model for an ex ante comparative static welfare …

migration-trade nexus, there are few examples of policymakers highlighting the role of migration for internationalization. One …Does anti-migration sentiment threaten internationalization? One major pro-Brexit argument was that it would enable … more control over immigration. The most recent US presidential election also focused on immigration. Anti-migration …

Migration of the unskilled clearly benefits the origin country, mainly due to the flow of remittances but also if the … departure of some raises the ability of others to migrate. This depends on whether trade is a complement or a substitute for … migration. The impact of such flows on the destination country is more ambiguous, although most research indicates that wages …

Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In … this paper, we analyze the migration response of American workers to two of the most important shocks that hit US … for the different migration responses triggered by the two shocks. Next, we present a model where workers are …

Brexit will affect the UK economy and its economic partners. In particular, it focuses on trade and migration channels …, adding a more general assessment of exiting the EU through the use of a gravity model. The trade channel alone may cut UK GDP …