International Trade With Equilibrium Unemployment
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International Trade With Equilibrium Unemployment
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Author : Carl Davidson
language : en
Publisher: Princeton University Press
Release Date : 2010
International Trade With Equilibrium Unemployment written by Carl Davidson and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
While most standard economic models of international trade assume full employment, Carl Davidson and Steven Matusz have argued over the past two decades that this reliance on full-employment modeling is misleading and ill-equipped to tackle many important trade-related questions. This book brings together the authors' pioneering work in creating models that more accurately reflect the real-world connections between international trade and labor markets. The material collected here presents the theoretical and empirical foundations of equilibrium unemployment modeling, which the authors and their collaborators developed to give researchers and policymakers a more realistic picture of how international trade affects labor markets, and of how transnational differences in labor markets affect international trade. They address the shortcomings of standard models, describe the empirics that underlie equilibrium unemployment models, and illustrate how these new models can yield vital insights into the relationship between international trade and employment. This volume also includes an indispensable general introduction as well as concise section introductions that put the authors' work in context and reveal the thinking behind their ideas. Economists are only now realizing just how important these ideas are, making this book essential reading for researchers and students.
Trade Jobs And Wages
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Author : Hian Teck Hoon
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
Trade Jobs And Wages written by Hian Teck Hoon and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
The world's increasing integration through trade and the persistence of high unemployment in Europe, and other areas of the world, highlight the need to understand the implications of free trade for unemployment. Trade, Jobs and Wages analyses how employment levels and real wages are affected by international trade. Popular trade theory disregards the impact of free trade on the rate of unemployment, since it assumes full employment at the outset. By focusing on the determinants of the natural rate of unemployment, Professor Hoon places an emphasis on real, as opposed to monetary, factors in accounting for long term trends in wages and unemployment.
International Trade And Labor Markets
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Author : Carl Davidson
language : en
Publisher: W.E. Upjohn Institute
Release Date : 2004
International Trade And Labor Markets written by Carl Davidson and has been published by W.E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
The Theory Of International Trade And Unemployment
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Author : Paul Oslington
language : en
Publisher: Edward Elgar Publishing
Release Date : 2006
The Theory Of International Trade And Unemployment written by Paul Oslington and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
In this book, Paul Oslington underlines the contradiction between the prominence of job losses in political conflict over trade liberalization, and trade economists usually working with full employment models. This book is a comprehensive treatment of the benchmark competitive trade model with unemployment. It highlights the important linkages between trade and employment, providing analytical tools for participants in debates over trade liberalization. Global economy models, and empirically important cases where factor price equalization fails are considered for the first time. Questions addressed include: How do trading economies with unemployment respond to shocks such as terms of trade deteriorations, changes in labour market institutions or technological change? How does international migration affect employed and unemployed workers? How are trade patterns and volumes modified by unemployment? Is trade liberalisation always gainful when there is unemployment? How are European and American labour markets linked? How does the entry of newly industrializing countries into manufactured goods markets affect unemployment and wages in different parts of the world? What is the impact of harmonization of international labour standards on different groups in different parts of the world? This work is a basis for much needed empirical and policy work on trade and unemployment. It will strongly appeal to researchers, students and academics with an interest in international economics and international business. Economists in government and international agencies will also find much to interest them within this book.
Theory Of International Trade
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Author : Avinash Dixit
language : en
Publisher: Cambridge University Press
Release Date : 1980-09-30
Theory Of International Trade written by Avinash Dixit and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980-09-30 with Business & Economics categories.
This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.
Unemployment In Open Economies
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Author : Pia Weiß
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Unemployment In Open Economies written by Pia Weiß and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Unemployment in Open Economies studies how domestic labour markets are influenced by a changing international environment. It combines the recently developed search and matching models with standard models of international trade. By this method, the reader gains new insights in the ongoing debate on how globalisation can affect unemployment. The author develops a collection of models showing that globalisation can be one reason for long-known and well-documented phenomenons on the labour market. She puts emphasis on country differences by studying the role of individual risk behavior and the wage setting on the unemployment level.
Models Of Unemployment In Trade And Economic Development
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Author : Bharat Hazari
language : en
Publisher: Routledge
Release Date : 2005-07-27
Models Of Unemployment In Trade And Economic Development written by Bharat Hazari and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-27 with Business & Economics categories.
The impact of increased levels of international trade on domestic labour markets is a key issue for policy makers in both developed and less developed countries. This book considers the most important current issues in this area in the context of models which examine the relationship between trade and employment. It is divided into three parts. The first deals with unemployment, decay and the `Dutch Disease': the second with structural adjustment, urban unemployment and protectionism; the last offers some variations on models of unemployment. In parts one and two the important insights are that minimum wages may cause decay rather than growth and that disaggregation of non-traded goods between urban and rural regions is of critical importance in structural adjustment, protectionism and the real exchange rate. In part three, segmented labour market theory is used to explain urban and disguised unemployment and the importance of proper agricultural policies for rural development is emphasised. Finally the impact of technology transfers on employment in both donor and recipient countries is explored.
International Trade And Labor Markets
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Author : Udo Kreickemeier
language : en
Publisher: World Scientific Publishing Company
Release Date : 2017-08-12
International Trade And Labor Markets written by Udo Kreickemeier and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-12 with Business & Economics categories.
This volume collects theoretical papers on the labor market effects of international trade that Udo Kreickemeier has published, together with different co-authors, over the past decade. Many contributions contained in this volume feature labor market imperfections that give rise to involuntary unemployment, and in those contributions, the question of how trade affects aggregate employment typically takes center stage in the analysis. Another recurring theme in many papers is the link between international trade and the income distribution within countries. The channels explored in the different papers include union wage premia, exporter wage premia due to firm-level rent sharing, and ability premia to entrepreneurs that are able to capitalize on their high productivity in global markets.
International Trade And Labour Markets
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Author : Chris Milner
language : en
Publisher: Springer
Release Date : 1997-10-13
International Trade And Labour Markets written by Chris Milner and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-10-13 with Business & Economics categories.
A topical examination of the impact of globalization and the intricate relationship between international trade and labour markets, containing theoretical and empirical studies of countries including UK, Mexico and Chile. The distinguished international contributors demonstrate the importance of this emerging research agenda analyzing the importance of trade reforms on employment and the impact on skilled and unskilled labour from technological change and global competition.
International Trade Welfare And The Theory Of General Equilibrium
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Author : Sugata Marjit
language : en
Publisher: Cambridge University Press
Release Date : 2018-10-18
International Trade Welfare And The Theory Of General Equilibrium written by Sugata Marjit and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-18 with Business & Economics categories.
This essential volume reflects the continuing and enduring utility of general equilibrium as a framework of analyses. It attempts to reiterate that understanding broad and holistic consequence of economic events and policies go beyond partial equilibrium perspective. Cutting across areas of research, general equilibrium perspectives in terms of small-scale GE models following the theory and perspectives of Ronald Jones can help readers develop informed judgement regarding critical policies. These include but are not limited to several areas of specific interest - the interaction of financial factors with international trade and implications for the 'real sectors' of the economy, the impact of labour market reforms on the unorganised sectors in developing and transition countries, the non-uniform effects of inflation and deflation on internal and external factor flows, and the sought-after relation between foreign investment and skill accumulation.