Mobility in Space and Time: Challenges to the Theory of International Economics

The pure theory of international economics operates within a methodological framework of (static) equilibrium modelling. This sets a number of restrictions to its capability to explain empirical economic phenomena. A huge part of the scientific discourse takes place within this equilibrium framework. This is also true for new approaches like e.g. the New Economic Geography and models operating with market structures of oligopoly. This is why it is a courageous effort to try to cross the app...