Gravity with unemployment
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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Título
Gravity with unemploymentFecha de publicación
2016-05-10Editor
ElsevierISSN
0022-1996; 1873-0353Cita bibliográfica
Heid, Benedikt, and Mario Larch. "Gravity with unemployment." Journal of International Economics 101 (2016): 70-85.Tipo de documento
info:eu-repo/semantics/articleVersión
info:eu-repo/semantics/acceptedVersionPalabras clave / Materias
Resumen
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for ... [+]
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor market frictions. To illustrate, we assess the effects of trade and labor market reforms for 28 OECD countries. Welfare effects of trade agreements are typically magnified when accounting for employment changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor market reforms in one country have small positive spillover effects on trading partners. [-]
Publicado en
Journal of International Economics 101 (2016) 70–85Datos relacionados
https://ars.els-cdn.com/content/image/1-s2.0-S0022199616300435-mmc1.pdfDerechos de acceso
© 2016 Elsevier B.V. All rights reserved
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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