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Globalization has radically changed the way in how goods and services are produced. The impact of globalization on production has been driven mainly by two determinants: In a first phase, a quick fall in transportation costs between countries and in a second, more recent phase, a drastic...
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We study the impact of the COVID-19 pandemic on euro area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: (1) compositional effects, or the switch...
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Modern theoretical and empirical analyses in international trade typically focus on firms as the sole trading actors. This is consistent with the fact that firms have traditionally accounted for the vast majority of trade and, hence, examining their behavior allows for fully characterizing trade...
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-- The Intersection of Sustainability and Technology in the Context of the Digital Marketplace, Hela Hassen & Precious … trends—technology, sustainability, and wellbeing—and discusses what impact those trends will have on the ways we shop. What …, sustainability, and wellbeing trends fundamentally change how we consume? And how should retail managers respond to these trends in …
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