Showing 1 - 10 of 1,146
lower tariffs) rises wage inequality between skilled and unskilled workers as well as within each group; but the impact on …
Persistent link: https://www.econbiz.de/10014181693
lower tariffs) rises wage inequality between skilled and unskilled workers as well as within each group; but the impact on …
Persistent link: https://www.econbiz.de/10014181952
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...
Persistent link: https://www.econbiz.de/10011334843
This paper presents a survey of the so-called "New Economic Geography" (NEG) approach to International Trade, giving particular emphasis to the impact of labour mobility on the spatial distribution of economic activities across integrated countries. The liberalisation of international trade...
Persistent link: https://www.econbiz.de/10014128531
We introduce search unemployment - la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes. Trade...
Persistent link: https://www.econbiz.de/10013324845
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …
Persistent link: https://www.econbiz.de/10013295005
We distill the main insights from recent trade models on firms' responses to globalization. Our primary aim is to assess the economic impact and the welfare implications of the resulting reallocation of resources across firms and countries. In so doing, we bring theory into life through the...
Persistent link: https://www.econbiz.de/10012730327
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic equilibrium (GOLE) with partly unionised labour...
Persistent link: https://www.econbiz.de/10009011927
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic equilibrium (GOLE) with partly unionised labour...
Persistent link: https://www.econbiz.de/10008990895
This paper analyses the effects of redistribution in a model of international trade with heterogeneous firms in which a fair-wage effort mechanism leads to firm-specific wage payments and involuntary unemployment. The redistribution scheme is financed by profit taxes and gives the same absolute...
Persistent link: https://www.econbiz.de/10012718168