This paper uses a three-factor (capital, low and high-skill labour), two-household (low and high-skill individuals), two-sector trade model to analyse the determinants of voter attitudes towards immigration under direct democracy and identify factors that would be coherent with both the observed...

Using an extension of the influence-driven lobbying approach developed by Grossman and Helpman, we study the impact of regional trading arrangements (RIAS) on trade policy towards non-members in a three-good, three-country model.

This paper tests if the use of simple technical trading rules on Swiss stock prices is profitable. It considers several trading rules based on the crossing of moving averages. The use of bands and oscillators such as the relative strength index or the stochastic indicator is also investigated,...

In an endogenous tariff setting, the entry of foreign-owned capital has ambiguous effects on the level of protection. In the presence of trade-promoting and trade-neutral foreign capital, lobbying pressures for a higher tariff are lower whereas if foreign capital is trade-substituting,...