This paper develops a model of strategic outsourcing. With trade liberalization in the intermediate-product market, a domestic firm may choose to purchase a key intermediate good from a more efficient foreign producer, who also competes with the domestic firm for a final good. This has a...

It is well known that, in most countries, men have more life insurance than do women, and are more likely to be members of private pension plans. However much less is known about men’s and women’s personal asset holdings. Do private savings counterbalance the inequality in pension access? Or...