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Trade crisis? What trade crisis?
Behrens, Kristian; Mion, Giordano - London School of Economics (LSE) - 2010
We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy,Belgium. First, we … than what we observe. Trade in consumer durables and capitalgoods fell more severely than trade in other product categories … reveal strong firm- or sector-specific patterns. Overall,our results point to a demand-side explanation: the fall in trade …
Persistent link: https://www.econbiz.de/10010744902
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Trade crisis?: what trade crisis?
Behrens, Kristian; Corcos, Gregory; Mion, Giordano - London School of Economics (LSE) - 2013
We investigate the dramatic 2008–2009 trade collapse using microdata from a small open economy, Belgium. Belgian trade … in demand and not a crisis of Belgian cross-border trade per se. …
Persistent link: https://www.econbiz.de/10011126326
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Wage subsidies and international trade: When does policy coordination pay?
Braun, Sebastian; Spielmann, Christian - Institut für Weltwirtschaft (IfW) - 2012
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10009646509
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Wage subsidies and international trade: When does policy coordination pay?
Braun, Sebastian; Spielmann, Christian - Institut für Weltwirtschaft (IfW) - 2010
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with...
Persistent link: https://www.econbiz.de/10008592858