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the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment. …
Persistent link: https://www.econbiz.de/10011401073
of employment across countries and thus a change in the trade-off between wages and employment faced by wage setters …. While the effects of product market integration on the trade-off between wages and employment in general is ambiguous, it is … through trade. Unambiguously, real wages and employment and welfare improve upon reductions in trade frictions, and therefore …
Persistent link: https://www.econbiz.de/10013320090
the loses to the low paid. Product market integration may thus lead to a more unequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment …
Persistent link: https://www.econbiz.de/10013321004
of employment across countries and thus a change in the trade-off between wages and employment faced by wage setters …. While the effects of product market integration on the trade-off between wages and employment in general is ambiguous, it is … through trade. Unambiguously, real wages and employment and welfare improve upon reductions in trade frictions, and therefore …
Persistent link: https://www.econbiz.de/10005761745
. Wages, employment and welfare increase as a result of further product market integration. It is interesting to note that the …
Persistent link: https://www.econbiz.de/10005419476
. Wages, employment and welfare increase as a result of further product market integration. It is interesting to note that the …
Persistent link: https://www.econbiz.de/10012142284
the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment. …
Persistent link: https://www.econbiz.de/10005703064
Persistent link: https://www.econbiz.de/10001744077
model that aggregate increases in wages and employment may conceal important differences across sectors/groups driven by a …
Persistent link: https://www.econbiz.de/10005763565
Globalization in the form of product market integration affects labour markets and produces winners and losers. While there are aggregate gains, it is in general ambiguous how inequality is affected. We explore this issue in a Ricardian model and show that it depends on the balance between...
Persistent link: https://www.econbiz.de/10008587735