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Empirical evidence for the US shows that migrants increase the productivity of regions. To explain the impact of … migrants on the average firm productivity we construct a general equilibrium model with monopolistic competition a la Melitz … (2003). We consider heterogeneous firms with different productivity levels and imperfect substitutability between migrants …
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Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
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Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10010250120