Modeling the Timing of Trade Adjustment: A Piecewise Linear Trend Approach with Financial and Labor Frictions
This paper studies the dynamic adjustment of bilateral trade following Economic Integration Agreements (EIAs) and examines how financial development and labor market rigidity moderate the timing of trade responses. We approximate the event time adjustment path using a Piecewise Linear Trend (PLT) sp...
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| Materialtyp: | Artigo |
| Språk: | Inglês |
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MDPI AG
2026-03-01
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| Serie: | Mathematics |
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| Länkar: | https://www.mdpi.com/2227-7390/14/5/858 |
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