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A two-country general equilibrium model with large wage setters and conservative monetary authorities is employed to investigate the welfare implications of three international monetary regimes: i) non-cooperative, ii) cooperative, and iii) monetary union. ...
We analyze carbon-related BAMs (focused on imports) as potential instruments to reduce emissions leakage. We combine an approach from international trade law with an economic approach. For the legal aspect we discuss the elements needed to include carbon-r ...
The current business environment has become more risky and variable. In particular, the recent terrorist attacks against western economies have revealed the vulnerability of global supply chains. These events showed that companies that move cargo internati ...
This article analyses the mechanics and the political stakes of multilateral trade negotiations in the League of Nations, in the context of the transition from empires to nation states. It examines one attempt to transfer bilateral treaty norms to a multil ...
We study trade policy in a two-sector Krugman (1980) trade model, allowing for production, import and export subsidies/taxes. We consider non-cooperative and cooperative trade policy, first for each individual instrument and then for the situation where al ...
While health technology has shown constant improvements in industrialized countries, developing countries have not been able to take full advantage of this evolution, partly because of unstable power supplies. According to a World Health Organization study ...
Global freshwater resources are under increasing pressure from economic development, population growth, and climate change. The international trade of water-intensive products (e.g., agricultural commodities) or virtual water trade has been suggested as a ...
By the year 2016 every member of the World Trade Organization (WTO) has to comply with its agreement on the protection of intellectual property rights (IPR), Trade-related Aspects of Intellectual Property Rights (TRIPS or the Agreement). This implies that ...
This paper constructs an intellectual property rights (IPR) index based on the World Trade Organization's Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement for 53 developing countries. TRIPS agreement attempts to standardize the minim ...
We study whether monetary policy should target the exchange rate in a two-country model with non-atomistic wage setters, non-traded goods and different degrees of exchange- rate pass through. Commitment to an exchange rate target reduces the labor market d ...
