Domestic institutions can have profound effects on international trade. This chapter reviews
the theoretical and empirical underpinnings of this insight. Particular attention is paid to …

We review the 'skill‐biased technological change (SBTC) versus North–South trade
(NST)'debate in order to explain widening wage inequality between skilled and unskilled …

We study a two-country, two-sector model of international trade in which one sector
produces homogeneous products and the other produces differentiated products. Both …

This article develops a model that incorporates workers' fair wage preferences into a general
equilibrium framework with heterogeneous firms. In a setting where the wage considered to …

We develop a model of international trade between two symmetric countries that features
inter-group inequality between managers and workers, and also intra-group inequality …

This paper formulates a structural empirical model of heterogeneous firms whose workers
exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages …

This paper examines the dynamic effect of globalization at the disaggregated level of
sectoral export diversification and manufacturing specialization on income inequality using a …

The classical Phillips curve shows a negative relationship between inflation and
unemployment. However, various studies have documented temporal positive and negative …

This paper reviews a new framework for analyzing the interrelationship between inequality,
unemployment, labor market frictions, and foreign trade. This framework emphasizes firm …

In this paper, we introduce the fairness approach to efficiency wages into a standard model
of international fragmentation. This gives us a theoretical framework in which wage …