This article investigates two prominent explanations--technology and trade--for growing wage inequality by educational attainment. The analysis indicates a prominent role for technological improvements and a modest but still significant role for increased competition from imports.

[...]This article develops a stylized game-theoretical model toanalyze banks’ intraday liquidity management behavior in anRTGS environment. It analyzes the strategic incentives under Envision an economy with two identical banks using an RTGSsystem operated by the central bank to settle...