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American slavery. Drafted in response to Conrad and Meyer’s seminal 1959 article on the economics of slavery, Tullock …’s writings influenced the early cliometric debate over slavery through his University of Virginia colleague John E. Moes. This … paper uses Tullock’s surviving writings to map out his theory of slavery and situate it in the broader economic analysis of …
Persistent link: https://www.econbiz.de/10014264010
economy may be trapped in a locally stable high-corruption, high-slavery equilibrium and major changes in government policies … reducing slavery in the export industry tend to raise slavery in the remainder of the economy. It is possible that this leakage … effect dominates the reduction of slavery in the export sector …
Persistent link: https://www.econbiz.de/10012859047
history, an economy may be trapped in a locally stable high-corruption, high-slavery equilibrium and major changes in … effective in reducing slavery in the export industry tend to raise slavery in the remainder of the economy. It is possible that … this leakage effect dominates the reduction of slavery in the export sector. …
Persistent link: https://www.econbiz.de/10012115264
Ausgangspunkt dieser Arbeit ist die Behauptung, dass der migrationspolitische Diskurs zu wenig auf die internationale Integration von Gütermärkten Bedacht nimmt. Die Debatte wird weitgehend arbeitsmarktökonomisch geführt, wobei der sogenannte "immigration surplus" für das Zuwanderungsland...
Persistent link: https://www.econbiz.de/10009750861
We argue that the narrative of variety-induced gains from trade in differentiated goods needs revision. If producing differentiated varieties of a good requires differentiated skills and if the work force is heterogeneous in these skills, then firms are likely to have monopsony power. We show...
Persistent link: https://www.econbiz.de/10009792205
We investigate the theoretical relationship between wage concentration and international market integration. Access to imported varieties lowers the cost of intermediate inputs (“machines”) used to carry out production tasks, causing workers with different comparative abilities to be sorted...
Persistent link: https://www.econbiz.de/10010412753
Globalization in the form of product market integration affects labour markets and produces winners and losers. While there are aggregate gains, it is in general ambiguous how inequality is affected. We explore this issue in a Ricardian model and show that it depends on the balance between...
Persistent link: https://www.econbiz.de/10013144973
We develop a model that combines monopolistic competition on goods markets with skill-type heterogeneity on the labor market to analyze the effects of trade and migration on welfare and inequality. Skill-type heterogeneity and partial specificity to firms' endogenously chosen skill requirements...
Persistent link: https://www.econbiz.de/10011931872
A model linking macroeconomic phenomena and income distribution in balanced growth equilibria is developed as a variant to the Kaldor model of factor shares. It departs from the original Kaldor model in assuming equal savings rates and production determined by a matching process between workers...
Persistent link: https://www.econbiz.de/10010262585
Persistent link: https://www.econbiz.de/10010475481