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We incorporate trade imbalances into a quantitative model of bilateral trade in manufactures, dividing the world into forty countries. Fitting the model to 2004 data on GDP and bilateral trade we calculate how relative wages, real wages, and welfare would differ in a counterfactual world with...
Persistent link: https://www.econbiz.de/10003456438
Persistent link: https://www.econbiz.de/10003502092
We incorporate trade imbalances into a quantitative model of bilateral trade in manufactures, dividing the world into forty countries. Fitting the model to 2004 data on GDP and bilateral trade we calculate how relative wages, real wages, and welfare would differ in a counterfactual world with...
Persistent link: https://www.econbiz.de/10012760174
Persistent link: https://www.econbiz.de/10009550823
We incorporate trade imbalances into a quantitative model of bilateral trade in manufactures, dividing the world into forty countries. Fitting the model to 2004 data on GDP and bilateral trade we calculate how relative wages, real wages, and welfare would differ in a counterfactual world with...
Persistent link: https://www.econbiz.de/10012465619
Persistent link: https://www.econbiz.de/10002089569
Persistent link: https://www.econbiz.de/10000676626
Persistent link: https://www.econbiz.de/10002545132
Although fake online customer reviews have become prevalent on platforms such as Amazon, Google, and Facebook, little is known about how these reviews influence consumer behavior. This paper provides the first experimental estimates of the effects of fake reviews on individual demand and...
Persistent link: https://www.econbiz.de/10014436967