This paper is concerned with an economic phenomenon known as "Dutch Disease": an economy's manufacturing sector declines as a result of a resource boom. We look into related supply-side aspects which appear to be significant if seen from the viewpoint of microeconomic general equilibrium theory....

In this paper we explore the nexus between cross-border trade integration and monetary policy. We first review the evidence that trade liberalization has increased the degree of integration in North America and conclude that, while robust structural inferences remain elusive, there is sufficient...