This paper considers trade policies and welfare in a Harris-Todaro model with risk averse workers. Workers are assumed to have identical and homothetic preferences, but their incomes differ, depending on whether and where they are employed. When workers are equally weighted, maximizing social...

1. Competition policy and trade policy are usually distinct areas of economic policy, the first being inward, the second outward oriented. With increasing economic internationalization their interconnections become more important, not only on the national, but also on the European and world...

This paper builds up a two country model of trade and unemployment allowing for perfect mobility of capital across the borders. Capital moves from the north to the south, which suffers from unemployment. A few basic policies related to lowering of unemployment are discussed. In particular it is...

Protectionist industry interests stem from nondiversified individual income which derives from industry-specific factor ownership. This paper investigates how access to domestic and international asset markets moderates industry-affiliated individuals' preferences for protectionist trade...

We study the apparent disconnect between what countries announce to be their exchange rate regime and what they de facto implement. Even though discrepancies between announcements and de facto polices are frequent, there is a lack of understanding of actual patterns and underlying reasons. We...

This paper presents the technical background for our computable general equilibrium (CGE) analysis of different worldwide liberalization scenarios in agricultural markets. The main features of the examined agricultural protection policies are explained and descriptions of the applied economic...