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The paper extends previous literature on tradeable permits in two directions. First the initial allocation of permits is modeled as a cooperative bargaining game between participants of the subsequent market situation. Using this framework, it is shown how market design affects the connection...
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This paper studies the effect of trade liberalization on an under-explored aspect of wage inequality - gender inequality. We consider a model where firms differ in their productivity and workers are differentiated by skill as well as gender. A reduction in tariffs induces more productive firms...
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