Trade integration and financial integration [Elektronische Ressource] : individual, firm and country perspective / presented by Barbara Häußermann

TradeIntegrationandFinancialIntegration-individual, rmandcountryperspectiveAthesispresentedbyBarbaraH u ermanntoTheDepartmentofEconomicsinful lmentoftherequirementsforthedegreeofDoctorrerumpoliticaruminthesubjectofEconomicsUniversityofSiegenSiegenDecember2008c 2008byBarbaraH u ermannAllrightsreserved.iiContentsContents.........................................................................iiiListofFigures ..................................................................viListofTables .................................................................. viiIntroduction .....................................................................11 TradePolicyandRiskDiversi cation .....................................81.1 Introduction................................................................. 81.2 TheLiterature..............................................................111.3 Production .................................................................161.4 PortfolioDecisionoftheWorker ............................................181.4.1 Incomesources......................................................181.4.2 TheWorker’sProblem ...............................................191.5 RiskDiversi cationunderProtectionistTradePolicy.........................251.5.1 PoorWorker ........................................................311.5.2 Wealthyworker .....................................................431.6 Conclusion................................