Showing 1 - 10 of 28,850
Persistent link: https://www.econbiz.de/10001134784
We study the effect of trade liberalization and intellectual property rights (IPR) protection on the unemployment rate … migration. We find that bilateral trade liberalization decreases the relative unemployment rate of migrants when migration is … low and increases the relative unemployment rate when the migration rate is high. The results do not rely on assumptions …
Persistent link: https://www.econbiz.de/10012596968
Persistent link: https://www.econbiz.de/10011569824
In this paper, we present two alternative models of trade and unemployment, in which unemployment is generated through … of trade policy, unemployment and a variety of controls, we find strong evidence for the Ricardian prediction that … unemployment and trade openness are negatively related (protection and unemployment are positively related). We do not find any …
Persistent link: https://www.econbiz.de/10014220838
We develop a model of directed technology adoption, frictional unemployment, and migration to examine the effects of a … function, an increase in the skill ratio can reduce both the relative unemployment rate and the relative emigration rate (brain …
Persistent link: https://www.econbiz.de/10014104081
equation for bilateral mobility that embodies a co-determined local unemployment term. As a theory of migration, our model …We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of … unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity …
Persistent link: https://www.econbiz.de/10013471455
This paper uses a battery of calibrated and estimated structural models to determine the causal drivers of the negative correlation between output and aggregate uncertainty. We find the transmission of uncertainty shocks to output is weak, while aggregate uncertainty endogenously responds to...
Persistent link: https://www.econbiz.de/10013219154
Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10010369131
This paper proves that the Mortensen-Pissarides matching theory is nothing but a tautology. They started with an … vacancy-unemployment relation …
Persistent link: https://www.econbiz.de/10012978974
Microeconomic flexibility is at the core of economic growth in modern market economies because it facilitates the process of creative-destruction, The main reason why this process is not infinitely fast, is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10014070107