Gonzaga, Gustavo; Muriel, Beatriz; Terra, Cristina - Instituto de Estudios Avanzados en Desarrollo (INESAD) - 2014
We build a theoretical model that incorporates unionization in the labor market into a Heckscher-Ohlin-Samuelson (HOS) framework to investigate the impact of unionization on the Stolper-Samuelson Theorem. To capture the American economy case, we assume that unskilled labor in the manufactured...