"We use a forty-two country model of production and trade to assess the implications of eliminating current account imbalances for relative wages, relative GDP's, real wages, and real absorption. How much relative GDP's need to change depends on flexibility of two forms: factor mobility and the...

We use a forty-two country model of production and trade to assess the implications of eliminating current account imbalances for relative wages, relative GDP's, real wages, and real absorption. How much relative GDP's need to change depends on flexibility of two forms: factor mobility and the...

The relative distribution of the populations of the top 40 urban areas of France and Japan remained very constant during these countries' periods of industrialization and urbanization. Moreover, projection of their future distributions based on past growth indicates that their size-distributions...