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cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In …The paper analyzes the labor market effects of globalization when foreign market entry is costly and risky. With … this situation, government unemployment benefits reduce the wages that exporting firm's need to pay workers as risk …
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cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In … state can simultaneously cause an increase in unemployment and exports. -- income inequality ; unemployment ; exporters …The paper analyzes the labor market effects of globalization when foreign market entry is costly and risky. With …
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