International Trade and Unemployment: On the Redistribution of Trade Gains When Firms Matter (Contributions to Economics)
Автор:Marco de Pinto Год: 2012 Издание: [не указанo] Страниц: 122 ISBN: 3642332358 Economic theory and empirical research confirm that the rising international integration caused an increase in aggregate income at least for the industrialized countries, although trade liberalization is no Pareto improvement. In the empirical literature, there is a consensus that the international integration implies a destruction of low-skilled job vacancies and an increase in income, while the conclusions are mixed concerning the implication for the overall unemployment rate. This bookA seeks to find theoretical explanationsA to these empirical regularities.A The book poses three questions: What are the implications of trade liberalization for the labor market in the presence of trade unions if we account for both firm and worker heterogeneity?A What are the implications of a redistribution policy if the government chooses unemployment benefits to partially compensate the losers of trade liberalization?, and what is the optimal redistribution scheme for trade gains if the...
