Hellier, Joël; Chusseau, Nathalie - In: Review of International Economics 18 (2010) 5, pp. 1028-1043
Over the last 20 years, advanced economies have experienced an "unemployment versus inequality" tradeoff that is critically uneven across countries. To explain this, we propose an extended HOS model in which: the factors are skilled and unskilled labor; there is a continuum of goods; the world...