Der Welthandel ist seit den 1950er Jahren fast regelmäßig schneller gewachsen als die globale Wirtschaftsleistung. China ist inzwischen zum Exportweltmeister aufgestiegen. Möglich wurde dies durch kontinuierliche multilaterale Handelsliberalisierungen, die allerdings seit Beginn dieses...

This paper uses the quantitative spatial model with heterogeneous locations linked by costly goods trade, migration and commuting developed in Monte et al. (2018) to address the workings of local labor markets in Germany. One key contribution concerns the analysis of the role of the expenditure...

This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...

This paper develops a quantitative spatial general equilibrium model for the German economy to address two issues. First, we explore the role of commuting for local labor markets and their capacity to absorb productivity shocks. Second, we address the role of housing markets for quantitative...

Despite their importance, little is known about the spatial structure of trade and production networks within Germany and their connection to the international markets. The lack of data is problematic for regional analysis of aggregate shocks such as trade agreements and to analyze network...

This paper quantifies the surprisingly large heterogeneity of real income and employment effects across German counties in response to local productivity shocks. Using a quantitative model with imperfect mobility and sector-specific labor market frictions together with an outstanding data set of...

This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to base our estimate on a new quantitative trade model with an...

Despite their importance, little is known about the spatial structure of trade and production networks within Germany and their connection to the international markets. The lack of data is problematic for regional analysis of aggregate shocks such as trade agreements and to analyze network...

This paper quantifies the surprisingly large heterogeneity of real income and employment effects across German counties in response to local productivity shocks. Using a quantitative model with imperfect mobility and sector-specific labor market frictions together with an outstanding data set of...

This paper shows how to adapt recent methodological advances to derive a shipment based interregional input output table for 402 German counties and 26 foreign partners for 17 sectors that is, for national aggregates, cell-by-cell compatible with the WIOD tables. It far outperforms the standard...