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experiments to assess the welfare effects of trade and investment liberalization in general equilibrium. Specifically, we address … the question of whether and under which circumstances a single versus a combined trade/investment liberalization strategy …. The focus of this paper is to look at three highly relevant questions. First, when is investment liberalization beneficial …
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and analyzes the impact of uncertainty on domestic investment in the exportable and importable sectors, the political …
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This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
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