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Release : 2009
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Kind : eBook
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Book Synopsis Essays in International Trade with Heterogeneous Firms by :
Download or read book Essays in International Trade with Heterogeneous Firms written by . This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines the effect of international trade between industrialised countries on three topics of interest from a macroeconomic perspective. In chapter 2, I investigate the effects of a reduction in the costs of international trade on wage inequality between skilled and unskilled labour. Chapter 3 analyses how trade liberalisation affects firm-level and aggregate investment in process innovation. In chapter 4, I turn to the links between trade openness and output volatility at the firm level. I approach these three questions with a common methodology, which stresses the importance of accounting for firm-level heterogeneity in order to gain a better understanding of the macroeconomic consequences of modern international trade.