Capital, Skills, and International Trade
نویسندگان
چکیده
منابع مشابه
Capital, Finance and International Trade Collapse
This paper proposes a model of international trade with capital accumulation and nancial frictions. This is achieved by embedding the Melitz (2003) model into an incomplete-markets neoclassical framework with an endogenous credit market. The model preserves the analytical tractability of the original Melitz model. We use the model to examine the di¤erential e¤ects of nancial and non- nancial ...
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Changes in the terms of trade affect both the incentives and the ability of individuals to purchase education in a credit-constrained economy. A model is developed that shows how individual decision-making is affected in a small economy when it opens up to trade. Empirical results indicate that credit constraints are an important factor influencing school enrollment rates, particularly in low i...
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We provide the first evidence that changes in risk-based capital requirements for banks affect the real economy through international trade. Using a natural experiment – mandatory Basel II adoption in its Standardized Approach by all banks in Turkey on July 1, 2012 – we investigate the impact of new risk-weights applied to commercial letters of credit (CLC) on that country’s exports to 174 coun...
متن کاملMigration, International Trade and Capital Formation: Cause or Effect?
In this paper, we provide an overview of the relationship between international migration and international trade as well as capital movements. After taking a brief historical perspective, we first investigate migration flows between two countries in a static, neoclassical context. We allow for a disaggregated view of migration that distinguishes between different types of labor and emphasizes ...
متن کاملThe International Transferability of Immigrants’ Human Capital Skills
The International Transferability of Immigrants’ Human Capital Skills This paper uses the approach in the under/over education literature to analyze the extent of matching of educational level to occupational attainment among adult native born and foreign born men in the U.S., using the 2000 Census. Overeducation is found to be more common among recent labor market entrants, while undereducatio...
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ژورنال
عنوان ژورنال: The Canadian Journal of Economics
سال: 1991
ISSN: 0008-4085
DOI: 10.2307/135628