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We present an equilibrium-search model with heterogenous workers whosearch for a job in one of two sectors and who lose part of theirskills during unemployment. We show that an import tariff increasethe wage and the employment prospects in the protected sector. Thisresults in a labor market...
Persistent link: https://www.econbiz.de/10011302149
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
Persistent link: https://www.econbiz.de/10011325967
To investigate the role of intra-regional trade integration on economic growth in Latin America, we develop a … factor for explaining growth, while the importance of domestic spillovers is limited. The growth volatility is substantively …
Persistent link: https://www.econbiz.de/10014233425
We embed a competitive search model with labor market discrimination, or nepotism, into a two-sector, two-country framework in order to analyze how labor market discrimination impacts the pattern of international trade and also how trade trade affects discrimination. Discrimination, or nepotism,...
Persistent link: https://www.econbiz.de/10011520834
I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the distance-dependent elasticity of substitution (DIDES)...
Persistent link: https://www.econbiz.de/10011327541
Europe aims at combining income growth with improvements in social cohesion as measured by income and health … growth and the income responsiveness of health. We investigate whether these conditions held in Europe in the nineties using … panel data from the European Community Household Panel surveys. We use pooled interval regressions and inequality …
Persistent link: https://www.econbiz.de/10011350378
associations with the allocations to estimate responsibility-sensitive weights that reflect inequality aversion and health … non-smokers, respectively. Inequality aversion lowers weights on females and non-smokers, who are health-advantaged, and …
Persistent link: https://www.econbiz.de/10014577916
structural change in industrial import patterns is in principleambiguous. A standard empirical growth model is augmented by … activitiesimpact differently on economic growth is tested on a sample of 45 countries (OECD members andselected Asian and Latin … estimation pointtowards a positive long-run growth effect arising from trade specialization in medium …
Persistent link: https://www.econbiz.de/10011335211
Persistent link: https://www.econbiz.de/10002081891