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This paper studies the role of the distribution sector in determining a country's pattern and terms of trade. The … effect of an improvement in distribution technology is analyzed using a Ricardian trade model with an endogenous distribution …
Persistent link: https://www.econbiz.de/10014075991
international trade. Although Peru´s relations with Asia tend to reinforce its overall position as a mineral exporter, the country … has not experienced significant “de-industrialization”. On the contrary, through aggressive pursuit of free trade … agreements (FTA) and new foreign investment, trade with Asia has increased in scope and diversity, with considerable dynamism in …
Persistent link: https://www.econbiz.de/10010735922
We present a dynamic quantitative trade and migration model that incorporates downward nominal wage rigidities and show …
Persistent link: https://www.econbiz.de/10013384886
Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized fact, we propose a business cycle model with employment adjustment costs, variable hours and labor effort. We show that, in our model with variable effort, greater labor market...
Persistent link: https://www.econbiz.de/10012547644
Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized fact, we propose a business cycle model with employment adjustment costs, variable hours and labor effort. We show that, in our model with variable effort, greater labor market...
Persistent link: https://www.econbiz.de/10012589397
This paper provides a robust estimation of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and various covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011896646
This paper explores the macroeconomic impacts of labor and product market deregulationusing a small open-economy model with formal and informal markets. We examine both thelong-run effects and the transition towards the post-reform equilibrium, while our main focusare reform packages and...
Persistent link: https://www.econbiz.de/10012950425
Persistent link: https://www.econbiz.de/10011510313
Persistent link: https://www.econbiz.de/10001629365
Persistent link: https://www.econbiz.de/10001495752