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'The Economics of Immigration. Theory and Policy' is written as a both a reference for researchers and as a textbook on … economics course where immigration is one of the subfields studied. The book covers the economic theory of immigration, which … using the economic theory of immigration to explain the determinants and consequences of the policies. The timing of this …
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Political risk represents an important hidden transaction cost that reduces international trade. This paper investigates the claim that German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and hence promote exports. We employ an empirical trade gravity...
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The focus of trade policy has shifted in recent years from economy-wide reductions in tariffs and trade restrictions toward targeted interventions to facilitate trade and promote exports. Most of these latter interventions are based on the new mantra of "aid-for-trade" rather than on hard...
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