wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade … that developed countries need to ensure access to education when liberalizing trade to ensure they reap the potential gains … from trade. …

Trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both … developed and developing countries. This is in apparent conflict with neoclassical theory, according to which trade should … countries. We develop a simple model of trade with talent heterogeneity and capital market imperfections, and show that trade …

unskilled labor mobility. As favored regions benefit more from trade, their growing demand for skills drains skilled workers … heterogeneous economy, we show how different regional rates of technical progress due to trade and FDI interact with constraints to … growth rates ave increased both interregional and intraregional inequality. Moreover, growth of skills-based export …

This paper analyses the contribution of immigration, trade and FDI to wage inequality of native workers in a sample of … key contributors to wage inequality in old EU Member States, while trade is the key source of wage inequality in new EU … Member States. We also show that immigration, trade and FDI have different effects across the wage distribution that are …