Showing 1 - 4 of 4
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10009646509
tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …
Persistent link: https://www.econbiz.de/10010985698
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with...
Persistent link: https://www.econbiz.de/10008592858
trade and investment flows. This has led to an appreciable improvement in development levels, albeit off a small base …. Increased trade and investment flows, particularly related to network services, would be of great benefit to the sub … in agricultural trade, inhibit economic diversification into more value-adding activities. The Doha development round …
Persistent link: https://www.econbiz.de/10010956038