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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 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
employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment … their labor market outcomes affected, while workers working in proximity to coworkers are more affected. The unemployment …, these policies increased unemployment by nearly 4 percentage points, but reduced COVID-19 cases by 186,600-311,000, and …
Persistent link: https://www.econbiz.de/10012221891
increased the unemployment rate, decreased hours of work and labor force participation and had no significant impacts on wages …
Persistent link: https://www.econbiz.de/10012203071
-analysis plan, we investigate the negative impact of the pandemic on unemployment, labour force participation, hours and wages in …
Persistent link: https://www.econbiz.de/10012220772