Showing 1 - 10 of 28
We explore the uses of double-calibrated general equilibrium models as a decomposition tool for analysing contributory factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to start and end years, based upon an assumed functional...
Persistent link: https://www.econbiz.de/10009395928
We examine the R&D and export decisions of two ex ante symmetric firms in symmetric countries, with both unit trade … costs and fixed entry costs to the export market. When both trade costs are low, there will be a symmetric, cross …-hauling duopoly, but if fixed costs are fairly high, unit trade costs are low and R&D is relatively cheap, there will be an asymmetric …
Persistent link: https://www.econbiz.de/10010739978
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010929026
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010933269
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010948859
recessions tend to lead to falling trade and protectionism. I investigate this, using a model where an important component of … trade is search by rms trying out new trade part- ners. To model this, I set up a schematic model of upstream … together, to avoid trade costs. As trade is liberalised, new North-South matches begin to develop, but at rst these are …
Persistent link: https://www.econbiz.de/10010950618
into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality …
Persistent link: https://www.econbiz.de/10010292022
recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …
Persistent link: https://www.econbiz.de/10010299558
recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …
Persistent link: https://www.econbiz.de/10010301325
into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality …
Persistent link: https://www.econbiz.de/10009447278