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unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non-offshoring … sector with the lower (or equal) vacancy costs, there is an unambiguous decrease in economywide unemployment. With imperfect …
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In this paper I build a North-South model of international trade, economic growth and search-frictional unemployment in … the effects of intellectual property rights protection and trade liberalization on unemployment and welfare in the North …. Intellectual property rights protection decreases unemployment and increases welfare. Trade liberalization increases welfare but …
Persistent link: https://www.econbiz.de/10011515705
Chassamboulli discusses recent research on the effect of immigration policies on job creation. New findings show that various types of immigrants can have a positive impact on employers’ incentives to post vacancies and create new jobs, which benefits also competing natives. Policies that...
Persistent link: https://www.econbiz.de/10012625491
sectoral employment, unemployment and wage inequality. OJS generates wage dispersion and it leads to a reallocation of workers … increase of unemployment. The dynamics of labor market variables is obtained in closed form. The model predicts overshooting at …
Persistent link: https://www.econbiz.de/10013051528
-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor … market tightness and the magnitude of the unemployment-vacancy correlation. Log linearization also understates the impulse … responses in unemployment in recessions, but overstates the responses in the market tightness in booms. Finally, the second …
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