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We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … improvements in the technology of offshoring. -- offshoring ; trade in tasks ; unemployment ; search and matching …
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The Japanese labor market displays U-shaped unemployment and separation rates, and declining job-finding rates as … the data. Our model, following an empirically plausible productivity drop, produces changes in the steady state levels of … the unemployment and finding rates similar in magnitude to those observed in Japan since the 1980s. …
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