The Economics Of Labor Mobility

It is not attainable to maneuver a piece of land from Sri Lanka to India, for example. In a many-country world, there is no needed connection between bilateral trade and bilateral capital flows. Model with out firm heterogeneity and a Melitz model with Pareto-distributed agency heterogeneity (in which case θ is not the same in these two models) and a comparison between a mannequin with Pareto-distributed heterogeneity and one with log-normally distributed heterogeneity ….

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