endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped … by bilateral trade determinants (which underpin the patterns of "international value-added linkages") and the global … back out the relative factor costs of 40 major economies in a theory-consistent manner. This reduces the variation in …

-gravity trade has no significant effect on income inequality in countries that are world leaders in education. …

faced and their business environment. The business environment includes physical infrastructure, the availability of an … firms but also the effects of the planning legacy. -- infrastructure ; human capital ; institutions ; planned economy …

This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by …

paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the …

The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that …-market aspirations - and forces the elite to expand redistribution. Along the lines of this trade-off, our theory provides a Lipsetian …