Showing 1 - 4 of 4
We develop a two-country, two-sector model with a continuum of workers to address the link between migration and trade … more likely to be supported by a simultaneous referendum on trade and migration than in one on trade alone? The key to our … analysis is the recognition that for free trade, migration, or trade and migration to be adopted, the relevant policy must pass …
Persistent link: https://www.econbiz.de/10010556846
The paper develops a unified general equilibrium model including savings with overlapping generations, investment and … search unemployment. Long-run analytical results for the small open economy identify capital accumulation as a prime … transmission channel. The effects of integration on unemployment, however, depend importantly on the nature of wage taxation and …
Persistent link: https://www.econbiz.de/10005406035
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...
Persistent link: https://www.econbiz.de/10010877832
We study the political economy of the environment in autocratic, weak and strong democracies when individuals can either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public policy. The setting is that of a small open economy in which...
Persistent link: https://www.econbiz.de/10008727301