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We introduce search unemployment à la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow … effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as …. -- Trade liberalization ; unemployment ; search model ; firm heterogeneity …
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The paper contributes to the globalization debate by scrutinizing the international spillover effects which are … provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …
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-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …
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-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …
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-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …
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