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We study a simple, tractable model of labor adjustment in a trade model that allows us to analyze the economy's dynamic …
Persistent link: https://www.econbiz.de/10012775867
feature of empirical labor movements); (ii) the economy features gradual and anticipatory adjustment to aggregate shocks; (iii …
Persistent link: https://www.econbiz.de/10012775868
The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been...
Persistent link: https://www.econbiz.de/10012553889