Photo of Richard A. Brecher

Richard A. Brecher

Full Professor

Degrees:B.A. (McGill), M.A., Ph.D. (Harvard)
Phone:613-520-2600 x 3765
Office:B-852 Loeb

Research fields: international trade, economic growth

• trade theory with special emphasis on income distribution, foreign investment, labour migration, bilateral transfers, trade patterns, economic growth, employment, and unemployment
• growth theory in the presence of unemployment

Selected publications:

“A Minimum-Wage Model of Unemployment and Growth: The Case of a Backward-Bending Demand Curve for Labor” (with Till Gross), International Journal of Economic Theory, Vol. 15, No. 3 (September 2019), pp. 297-309.

“Employment Gains from Minimum-Wage Hikes under Perfect Competition:  A Simple General-Equilibrium Analysis” (with Till Gross), Review of International Economics, Vol. 26, No. 1 (February 2018), pp. 165-170.

“A Dynamic Model of Shirking and Unemployment: Private Saving, Public Debt, and Optimal Taxation” (with Zhiqi Chen and Ehsan U. Choudhri), Journal of Economic Dynamics and Control, Vol. 34, No. 8 (August 2010), pp. 1392–1402.

“Unemployment and Growth in the Long Run: An Efficiency-Wage Model with Optimal Savings” (with Zhiqi Chen and Ehsan U. Choudhri), International Economic Review, Vol. 43, No. 3 (August 2002), pp. 875–894.

“An Efficiency-Wage Model with Explicit Monitoring: Unemployment and Welfare in an Open Economy,” Journal of International Economics, Vol. 32, No. 1-2 (February 1992), pp. 179–191.

“The Generalized Theory of Transfers and Welfare: Bilateral Transfers in a Multilateral World” (with Jagdish N. Bhagwati and Tatsuo Hatta), American Economic Review, Vol. 73, No. 4 (September 1983), pp. 606–618; reprinted in International Trade: Selected Readings, 2nd Edition, ed. Jagdish N. Bhagwati, Cambridge, Massachusetts: MIT Press, 1987, Ch. 27 (pp. 431–452).

“Foreign Ownership and the Theory of Trade and Welfare” (with Jagdish N. Bhagwati), Journal of Political Economy, Vol. 89, No. 3 (June 1981), pp. 497–511; reprinted in Essays in International Economic Theory: Jagdish N. Bhagwati, Volume 2: International Factor Mobility, ed. Robert C. Feenstra, MIT Press, 1983, Ch. 54 (pp. 226–240); also reprinted in Trading Blocs: Alternative Approaches to Analyzing Preferential Trading Agreements, ed. Jagdish N. Bhagwati, Pravin Krishna, and Arvind Panagariya, MIT Press, 1999, Ch. 15 (pp. 281–296).

“Minimum Wage Rates and the Pure Theory of International Trade,” Quarterly Journal of Economics, Vol. 88, No. 1 (February 1974), pp. 98–116.