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Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for … Globalization -- Trade, Innovation and Output Dynamics -- New Open Economy Policy Perspectives: Modified Golden Rule and Hybrid …
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. Economic theory provides many arguments as to why, given the widespread existence of moral hazard and adverse selection …
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I examine how globalization affects wages and welfare in a general equilibrium model of international trade with partly … oligopolistic markets. Globalization is modeled as reducing trade costs or opening up shielded sectors to trade. There is a national …
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