G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7374
DP7374 Two is Company, N is a Crowd? Merchant Guilds and Social Capital
Roberta Dessi; Salvatore Piccolo
发表日期2009-07-19
出版年2009
语种英语
摘要This paper develops a new framework for examining the distributional consequences of international trade that incorporates firm and worker heterogeneity, search and matching frictions in the labor market, and screening of workers by firms. Larger firms pay higher wages and exporters pay higher wages than non-exporters. The opening of trade enhances wage inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality is larger in a trade equilibrium than in autarky, reductions of trade impediments can either raise or reduce wage inequality.
主题International Trade and Regional Economics
关键词International trade Risk Unemployment Wage inequality
URLhttps://cepr.org/publications/dp7374
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536211
推荐引用方式
GB/T 7714
Roberta Dessi,Salvatore Piccolo. DP7374 Two is Company, N is a Crowd? Merchant Guilds and Social Capital. 2009.
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