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作者：Kreickemeier, Udo; Nelson, Douglas
作者单位：University of Nottingham; Tulane University
摘要：This paper analyzes the effects of global and national technological change on employment and relative wages in an integrated two-country world (Europe and America), where both countries are characterized by equilibrium unemployment due to fair wage constraints. The asymmetry between the countries arises from country-specific preferences towards wage inequality, with Europe's preferences being more egalitarian. Furthermore, we look at integration between this two-country world and a third coun...
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作者：Reimer, JJ
作者单位：Oregon State University
摘要：This article develops an approach to measuring the factor content of trade when intermediate inputs are traded, and techniques differ for reasons such as factor price differences. An empirical section documents the importance of intermediates and shows that they mitigate cross-country differences in the factor content of finished goods. The performance of recent models of factor service trade is also evaluated. Existing approaches impute the factor content of imported intermediates with domest...
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作者：Reynolds, Kara M.
作者单位：American University
摘要：This paper argues that a recent U.S. law, which distributes the tariff revenue resulting from successful antidumping petitions to firms that supported the petitions, increases the amount of antidumping protection requested by U.S. firms in two ways. First, by increasing the total benefits accruing to industries filing successful petitions, the law subsidizes rent-seeking. Second, by awarding these subsidies only to those firms that actively support the petition, it mitigates the free rider pro...
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作者：Rochon, Celine
作者单位：University of Oxford; University of Oxford; CY Cergy Paris Universite
摘要：in an economy with a fixed exchange rate regime that suffers a random adverse shock, we study the strategies of imperfectly and sequentially informed speculators that may trigger an endogenous devaluation before it occurs exogenously. The game played by the speculators has a unique symmetric Nash equilibrium which is a strongly rational expectation equilibrium in the set of all strategies with delay. Uncertainty about the extent to which the Central Bank is ready to defend the peg extends the ...
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作者：Bradford, S
作者单位：Brigham Young University
摘要：Job loss concerns strongly influence the politics of trade, yet the formal political economy of trade literature has largely ignored unemployment. This paper seeks to extend the literature by merging an unemployment model with a trade policy model. The theory implies that labor turnover rates and unionization rates may significantly affect protection for individual industries. I use US data to test the model and find that protection for an industry declines with its turnover rate and increases...
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作者：Blum, Bernardo S.; Goldfarb, Avi
作者单位：University of Toronto
摘要：We show that gravity holds in the case of digital goods consumed over the Internet that have no trading costs. Therefore trade costs cannot fully account for the effects of distance on trade. In particular, we show that Americans are more likely to visit websites from nearby countries, even controlling for language, income, immigrant stock, etc. Furthermore, we show that this effect only holds for taste-dependent digital products, such as music, games, and pornography. For these, a 1% increase...
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作者：Laubach, Thomas
作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors
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作者：Müller, T; Schnitzer, M
作者单位：University of Munich
摘要：It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that this need not be the case if host country policies like taxation are taken into account. Furthermore, we examine the incentives the multinational and the host country have to engage in an international joint venture. We show why a multinational may agree to enter a joint venture even though this gives rise to spillovers. Surprisingly, we find that a joint venture is sometimes...
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作者：Klein, Michael W.; Shambaugh, Jay C.
作者单位：Dartmouth College; Tufts University; National Bureau of Economic Research
摘要：A classic argument for a fixed exchange rate is its promotion of trade. Empirical support for this, however, is mixed. While one branch of research consistently shows a small negative effect of exchange rate volatility on trade, another, more recent, branch presents evidence of a large positive impact of currency unions on trade. This paper helps resolve this disconnect. Our results, which use a new data-based classification of fixed exchange rate regimes, show a large, significant effect of a...
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作者：Branstetter, L
作者单位：Columbia University; National Bureau of Economic Research
摘要：Recent empirical work has examined the extent to which international trade fosters international spillovers of technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers. I introduce a framework for measuring international knowledge spillovers at thefirin level, and I use this framework to directly test the hypothesis that FDI is a channel of knowledge spillovers for Japanese multinationals Undertaking direct investments...
