Showing 1 - 10 of 19
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade reduces unemployment in countries with comparative advantage in sectors with more efficient labor markets and leads to higher unemployment...
Persistent link: https://www.econbiz.de/10014000655
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade liberalization causes higher unemployment in countries with comparative advantage in sectors with strong labor market frictions and leads to...
Persistent link: https://www.econbiz.de/10014000871
Persistent link: https://www.econbiz.de/10003917001
Persistent link: https://www.econbiz.de/10003987374
Persistent link: https://www.econbiz.de/10008654921
Persistent link: https://www.econbiz.de/10009011104
As the economic crisis deepens and widens, fears of a return to the protectionist spiral of the 1930s become more common. However, an important difference between the 1930s and today is the existence of the World Trade Organization and the legal limits it imposes on the protectionist responses...
Persistent link: https://www.econbiz.de/10011394344
Persistent link: https://www.econbiz.de/10010363578
Persistent link: https://www.econbiz.de/10011550929
Persistent link: https://www.econbiz.de/10011387164