Showing 1 - 10 of 19
labor market frictions and worker heterogeneity provides a framework for studying the impact of trade on unemployment and …
Persistent link: https://www.econbiz.de/10008468664
vacancies, firing costs, and unemployment benefits. We study the interaction of labor market rigidities and trade impediments in … shaping welfare, trade flows, productivity, and unemployment. We show that both countries gain from trade but that the … frictions in both countries benefits both of them. The model generates rich patterns of unemployment. In particular, better …
Persistent link: https://www.econbiz.de/10008477175
This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these frameworks, and the empirical studies that sprouted from them.
Persistent link: https://www.econbiz.de/10011083409
This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …
Persistent link: https://www.econbiz.de/10008854515
Occupation is discussed as a social determinant of health. Occupation has received little attention in this light in the economics literature. We examine occupation in a life-course framework and use measures of first-occupation, initial health, and mother's education. We contend that first...
Persistent link: https://www.econbiz.de/10005084794
Young (2005) argues that HIV related population declines reinforced by the fertility response to the epidemic will lead to higher capital-labor ratios and to higher per capita incomes in the affected countries of Africa. Using household level data on fertility from South Africa and relying on...
Persistent link: https://www.econbiz.de/10008635943
The historical pattern of the demographic transition suggests that fertility declines follow mortality declines, followed by a rise in human capital accumulation and economic growth. The HIV/AIDS epidemic threatens to reverse this path. A recent paper by Young (2005), however, suggests that...
Persistent link: https://www.econbiz.de/10005718403
We examine the role of changing mortality in explaining the rise of retirement over the course of the 20th century. We construct a model in which individuals make labor/leisure choices over their lifetimes subject to uncertainty about their date of death. In an environment in which mortality is...
Persistent link: https://www.econbiz.de/10005575704
There have been numerous attempts to both document the income-health gradient in children and to understand the nature of the tie. In this paper we review and summarize existing studies and then use a unique school based panel data set from the US to attempt to further our understanding of the...
Persistent link: https://www.econbiz.de/10011105919
While several types of mental illness, including substance abuse disorders, have been linked with poor labor market outcomes, no current research has been able to examine the effects of childhood ADHD. As ADHD has become one of the most prevalent childhood mental conditions, it is useful to...
Persistent link: https://www.econbiz.de/10011105938