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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10010298848
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Migration, trade and unemployment
Heid, Benedikt; Larch, Mario - 2011
A source of anxiety of policy makers and the public in general is the detrimental impact of globalization and immigration on unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify the supposed negative effect of immigration on labor...
Persistent link: https://www.econbiz.de/10010307338
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Estimating General Equilibrium Trade Policy Effects: GE PPML
Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015
We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models. Non-linear solvers of estimated models are replaced by (constrained) regressions. Applied economists can more readily generate results, with more intuition about the working of...
Persistent link: https://www.econbiz.de/10011388271
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International Trade and Unemployment: A Quantitative Framework
Heid, Benedikt; Larch, Mario - 2013
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010329351
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On the effects of GATT/WTO membership on trade: They are positive and large after all
Larch, Mario; Monteiro, José-Antonio; Piermartini, Roberta - 2019
whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non …-discriminatory nature of GATT/WTO commitments by measuring the effects of GATT/WTO membership on international trade relative to domestic … sales. These unilateral effects of GATT/WTO membership are found to be large, positive, and statistically significant. We …
Persistent link: https://www.econbiz.de/10012029545
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On the Effects of GATT/WTO Membership on Trade: They Are Positive and Large after All
Larch, Mario; Monteiro, José-Antonio; Piermartini, Roberta - 2019
whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non …-discriminatory nature of GATT/WTO commitments by measuring the effects of GATT/WTO membership on international trade relative to domestic … sales. These unilateral effects of GATT/WTO membership are found to be large, positive, and statistically significant. We …
Persistent link: https://www.econbiz.de/10012052827
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Comparative advantage and skill-specific unemployment
Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the...
Persistent link: https://www.econbiz.de/10010265247
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10010265248
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Why buy American'' is a bad idea but politicians still like it
Larch, Mario; Lechthaler, Wolfgang - 2009
When the world economy was recently hit by a severe recession, governments all over the world reacted by initiating stimulus packages. Some countries (among them, most notably, China and the US) tried to put special emphasis on their home industries by including Buy local'' clauses into the...
Persistent link: https://www.econbiz.de/10010265837
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Unemployment in an interdependent world
Felbermayr, Gabriel J.; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10010266008