Mitra, Devashish; Ranjan, Priya - Dipartimento di Economia, Management e Metodi … - 2008
In this paper, in order to study the impact of offshoring on sectoral and economy wide rates of unemployment, we construct a two-sector, general-equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by search frictions. We find that, contrary to general...