workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates …

employment creation nor the decrease in within-country inequality are automatically assured by increasing trade and FDI. The … other main findings of the paper are that: 1) the employment effect can be very diverse in different areas of the world …