The current weakness in the global economy has generated a debate on the likely outlook for the world economy and the appropriate response for monetary policies. The world economy is currently being buffeted by a number of major shocks. A particular feature has been the large fall in equity...

ECONOMICS ESSAYS ON THE EFFECTS OF TRADE LIBERALIZATION AND OIL PRICE VOLATILITY IN OPEN ECONOMIES OSAYI ETHEL OVBIOSA-AKINBOSOYE Dissertation under the direction of Professor Eric W. Bond This work comprises three chapters. In the first two chapters, I study the effect of reductions in...

This dissertation contains three essays. In the first essay, we consider nontraded goods as an important impact on bilateral trade flows. A testable gravity equation is derived and a simple example is demonstrated. A sample of 1995 including 118 countries is examined. The results show that...

This work is concerned with the interdependent relationship between trade and the environment. It comprises three chapters. The first chapter (work done jointly with Joel Rodrigue) builds and estimates a dynamic model of investment in environmental abatement and exports with heterogeneous firms....

The dissertation studies the effect of trade liberalization in one sector on factor prices, employment, and average productivity of firms in the other sector (spillover effect) in a two-country, specific-factors model of international trade where the industry structure of the sector affected by...