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Falvey, Rod - 2007

This paper analyses the effects of tariff reforms on welfare and market access in a competitive small open economy that is characterised by involuntary unemployment due to non-market clearing wages that are fixed either in terms of the numeraire or in real terms. We show that recent...

Persistent link: https://www.econbiz.de/10012729155

Globalization, Roundaboutness, and Relative Wages

Francois, Joseph; Grier, Kevin; Nelson, Douglas - 2004

We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...

Persistent link: https://www.econbiz.de/10010325533

Economic Integration, Wage Policies and Social Policies

Pflüger, Michael - 2003

This paper uses a two country trade and geography model of monopolistic competition to study the effects of wage policies and social policies on the location of industry. It is first shown that a union wage push in one of two otherwise identical countries induces a relocation of firms which...

Persistent link: https://www.econbiz.de/10010262711

Firm heterogeneity and the labour market effects of trade liberalisation

Egger, Hartmut; Kreickemeier, Udo - 2007

This paper develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers depends on the productivity and thus the...

Persistent link: https://www.econbiz.de/10010264131

Economic integration, wage policies and social policies

Pflüger, Michael - 2003 - Final version: July 8, 2003

This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an exogenous differential in wage and social policies on the location of industry. Two model scenarios are considered. In the traditional one with physical capital, such a...

Persistent link: https://www.econbiz.de/10011438609

Economic Integration, Wage Policies and Social Policies

Pflüger, Michael - 2003

Persistent link: https://www.econbiz.de/10010260672

Firm Heterogeneity and the Labour Market Effects of Trade Liberalisation

Egger, Hartmut; Kreickemeier, Udo - 2021

Persistent link: https://www.econbiz.de/10013317452

Offshoring in Developing Countries : Labor Market Outcomes, Welfare, and Policy

Bandyopadhyay, Subhayu - 2019

Does a reduction in offshoring cost benefit workers in the world's factories in developing countries? Using a … parsimonious two-country model of offshoring we find very nuanced results. These include cases where wages monotonically improve …, worsen, as well as where wages exhibit an inverted U-shaped relationship with the offshoring cost. We identify qualitative …

Persistent link: https://www.econbiz.de/10012903282

Unemployment in an interdependent world

Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2012

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...

Persistent link: https://www.econbiz.de/10011453724

The exchange rate, diversification, and distribution in a modified Ricardian model with a continuum of goods

Razmi, Arslan - 2011

Several recent empirical and theoretical studies have revived interest in the relationship between the level of the exchange rate and economic development. This paper develops a dynamic model based on the Ricardian framework with a continuum of goods to consider the issue from a somewhat...

Persistent link: https://www.econbiz.de/10010397315