In this paper, we define a tractable procedure to measure worker incomplete information in the labor market. The procedure, which makes use of earnings distribution skewness, is based on econometric frontier estimation techniques, and is consistent with search theory. We apply the technique to...

The Klein/Gronicki/Kosaka contributions dig deeply into the impact of revolutionary political change in Eastern European countries upon their economies and indirectly through trade upon Western European economies, focussing particularly on the repercussions of anticipated arms cutbacks. However,...

At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists and political scientists espoused the notion that trade among nations leads to peace. Employing resources more efficiently to produce some commodities rather than others is the...

Migration economics is a dynamic, fast-growing research area with significant and rising policy relevance. While its scope is continually extending, there is no authoritative treatment of its various branches in one volume. Written by 44 leading experts in the field, this carefully commissioned...

It is a puzzle that while academic research has increased in specialization, the important and complex problems facing humans urgently require a synthesis of understanding. This unique collaboration attempts to address such a problem by bringing together a host of prominent scholars from across...

This article investigates the relationship between interdependence and conflict, using U.S.-Warsaw Pact trade and conflict data during détente as a case study. A theoretical framework is developed in which incentives to reduce conflict are related to the desire to protect the benefits of an...