Growth and International Trade: Introduction and Stylized Facts -- PART I. GROWTH -- Modeling the Growth of the World Economy: The Basic Overlapping Generations Model -- Steady State, Factor Income, and Technological Progress -- Economic Growth and Public Debt in the World Economy -- “New“...

Preface -- 1 Growth and International Trade: Introduction and Stylized Facts -- Part I: Growth -- 2 Modeling the Growth of the World Economy: The Basic Overlapping Generations Model -- 3 Steady State, Factor Income, and Technological Progress -- 4 Economic Growth and Public Debt in the World...

Intro -- Contents -- List of Figures -- List of Tables -- Contributors -- Part I. Introduction -- 1. Introduction / Bjarne S. Jensen and Kar-yiu Wong -- 2. Endogenous Growth and International Trade: A Survey / Ngo Van Long and Kar-yiu Wong -- Part II. Dynamics of Basic Trade Models -- 3. General...

The Heckscher-Ohlin model with arbitrary number of goods, factors and countries (consumers) and no restrictions on factor trading is shown to be equivalent to an exchange model whose goods are the productive factors while consumer's indirect demands for factors are derived from their actual...

This paper explores the implications on trade and wage inequality of introducing financial capital or credit in the standard Ricardian model of production, where a given amount of start-up credit is used to employ sector specific skilled and unskilled workers following the Wage Fund approach of...