I examine how globalization affects wages and welfare in a general equilibrium model of international trade with partly … oligopolistic markets. Globalization is modeled as reducing trade costs or opening up shielded sectors to trade. There is a national …

Globalization may impose a double-burden on low-skilled workers. On the one hand, the relative supply of low … test the predictions of the model. Our results show that greater financial globalization and development increases the … dampening impact. -- labor-market volatility ; skill levels ; financial globalization …

"Important labour market consequences of globalization may arise via product market integration which affects the room …

Diese Arbeit präsentiert ein einfaches Mehrsektoren-Außenhandelsmodell mit Suchfriktionen auf dem Arbeitsmarkt. Der …

at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …