We analyze the welfare effects of trade and migration, focusing on two-sided horizontal heterogeneity among workers and …, migration lowers wage markups and tends to improve the average matching quality. Our model advocates opening up labor markets …

We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …

profits, involuntary unemployment and within-group wage inequality in a unified framework. We use this model to investigate … simultaneous increase of average profits and involuntary unemployment as well as a surge in within-group wage inequality …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

We analyze the migration drivers within the European Union countries. For a set of 23 EU countries over the 1995 …-2019 period, we use Bayesian Model Averaging and quantile regression to assess notably the relevance of unemployment and earnings … addition, 1000 PPP Euro increase in the difference in net annual salaries increases net migration by approximately 50 and 42 …

When the world economy was recently hit by a severe recession, governments all over the world reacted by initiating …

dissimilar in terms of unemployment of welfare. Decentralization of wage setting can successfully prevent capital outflow and the …

dimensions: Involuntary unemployment and income inequality between entrepreneurs and workers increase, and so does inequality …