“...The macroeconomic implications of downward nominal wage rigidities are analyzed via a dynamic stochastic general equilibrium model featuring aggregate and...”

“...Does capital flow from rich to poor countries? We revisit the Lucas paradox to account for the role of capital account openness. We find that, when accounting...”

“...This paper investigates the relationship between agglomeration and specialization, and the role of comparative versus absolute advantage. A two-country...”

“...This paper uses a newly assembled multi‐country multi‐industry firm‐level dataset to test the effect of productivity and networking on the export probability...”

“...Based on the Johansen cointegration estimation methodology, much of the long-run behavior of the real effective exchange rate of South Africa can be explained...”

“...This paper studies the heterogeneous response across countries of local currency interest rates to foreign and domestic factors, thus contributing to the...”

“...Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the...”

“...This paper uses new data and new econometric techniques to investigate the impact of international financial integration on economic growth and also to assess...”