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Marcia M Schafgans and Joachim Stibora
We develop a general equilibrium model of multiproduct fi…rms with quality differentiated goods. Households are characterized by an heterogeneous taste for the differentiated good and their income level. The use of non-h...Read more...
1 July 2014
Roberto Bonfatti and Maitreesh Ghatak
An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries. This is in contrast with neoclassical t...Read more...
European colonialism had two key economic aspects: the extraction of colonial wealth by colonizers, and the relevance of trade for colonial economies. I build a simple model of colonialism which puts these two elements a...Read more...
Rana Mitter and Koji Nakakita
Mitter: China emerged from the Korean War as a more confident actor in the international order. The paper considers three wider contexts within which China's experience of the Korean War should be considered: as part of ...Read more...
Gordon Daniels, Janet Hunter, Ian Nish and David Steeds
Daniels examined British media views of Japan by sampling local and national dailies, with emphasis on The Times and The Economist and magazines like Punch, The Graphic and The Illustrated London News. While the metropol...Read more...
What economic mechanisms underlie the polarization of the world economy into the 'high wage' industrialized countries and the less developed 'low wage' countries? Should we expect the two groups to converge over time, or...Read more...
Mutsumi Hirano, Kenji Tozawa and John West
(Weste paper): deals with Japan's return to trading with the countries of Southeast Asia in the early 1950s and the responses of the United States and British governments. (Hirano paper): provides an overall picture of t...Read more...
This paper examines the process and outcomes of democratic decision-making in clubs where a club is defined by their sets of members whose preferences and decisions relate to the set of members in the club: the electorat...Read more...
Patrick Paul Walsh
This paper gives a general framework for analysing a trade divergence that runs across both the New International trade theory and the traditional analysis of export policy. The source of the trade divergence, the motive...Read more...
Countertrade - or reciprocal buying - is defined as a transaction involving (at least) a two-way transfer of goods, rather than a singular transfer of goods for money. The main objective of this paper is to explain the e...Read more...
This paper is concerned with the determinants of car prices in four European countries: Belgium, France, Germany and the United Kingdom, over the period 1970-1985. The main focus of the study lies in explaining the level...Read more...