Devarajana, Shantayanan; Ghanem, Hafez; Thierfelder, Karen - In: Journal of Economic Policy Reform 3 (1999) 1, pp. 1-28
We examine the effects of labor market rigidities on the outcome of trade liberalization using a general-equilibrium model of Bangladesh. When there are no labor market distortions, the poorest households experience a real-wage increase following trade liberalization. When there are either...