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Dogs are a valued part of millions of households worldwide. They also serve many functions in human societies from herding livestock to detecting drugs, explosives, or illegal wildlife to providing physical assistance or emotional support to those in need. Yet, in terms of behaviour and...
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In this paper I make an effort to formalize the possibility of transfer of financial capital across time zones to exploit the benefit of day night mismatch between two countries. The major precondition for such transaction is the completion of production, buying and selling of the product in...
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Based on a many-industry Chamberlinian-Ricardian trade model with iceberg trade costs, this note examines the impact of two modes of economic integration: a reduction in trade costs, and technical standardization due to information spillover. It is shown that these two modes of economic...
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The classical Wage Fund (Capital or Credit) framework is integrated with the simplest text-book version of the Ricardian model of comparative advantage, generating a model that replicates important features of the neo-classical production theory involving capital and labour without neo-classical...
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