This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …

This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …

to European and global samples of countries. It analyzes both the commodity structure of Polish trade and the …

This paper examines synchronization in the euro area and the role of intra-EMU trade from 1981 to 2011, focusing in … nineties across almost all countries could partially be explained by the increase in trade, which has been strengthened since … the start of the run-up to the EMU. For southern European economies, the results are mixed. We find also that trade …

misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to …

market size, or government spending. We introduce trade costs and endogenous varieties in a two-country general … and differentiation costs also have higher GDP, but supply a larger array of goods at improved terms of trade. The sign of … the international welfare spillovers depends on terms of trade, but also on consumers' taste for variety. Higher domestic …

Agriculture in poor countries has low productivity, high employment, and negligible trade flows relative to other … trade, I find: (1) trade amplifies the negative effect of labor market distortions; (2) trade costs -- large for poor … modeling agriculture reveals additional channels through which poor countries may gain from trade. …

misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to …