As tariffs and quotas have gradually declined, the importance of regulation as a source of trade distortions has increased. Consequently, trade negotiations and the enforcement of trade treaties have increasingly focused on regulatory policies. This essay discusses the role of regulatory reform...

December 1999 <p> This papers develops a theory of intergenerational exchange for generations that are either selfish or have non-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the relationship between them. A FIG is a...</p>