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model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … a 2.2 percent gain in response to globalization shocks. These gains would have been 73 percent larger in the absence of …
Persistent link: https://www.econbiz.de/10012498273
Persistent link: https://www.econbiz.de/10012509951
model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … 2.2% gain in response to globalization shocks. These gains would have been 73% larger in the absence of the global …
Persistent link: https://www.econbiz.de/10012607013
We argue that modeling trade imbalances is crucial to understanding transitional dynamics in response to globalization …
Persistent link: https://www.econbiz.de/10014358315
model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … 2.2 percent gain in response to globalization shocks. These gains would have been 73 percent larger in the absence of …
Persistent link: https://www.econbiz.de/10013231930
model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … a 2.2 percent gain in response to globalization shocks. These gains would have been 73 percent larger in the absence of …
Persistent link: https://www.econbiz.de/10013238197
Persistent link: https://www.econbiz.de/10013431950
Persistent link: https://www.econbiz.de/10012543523
A two country model of trade between a flexiwage and a minimum wage economy or two mmjmum wage economies is developed. The main novelty is that there are three factors of production: capital, skilled and unskilled labour. This unlocks the terms of trade. Unskilled labour is subject to the same...
Persistent link: https://www.econbiz.de/10009491063
This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor...
Persistent link: https://www.econbiz.de/10009789158