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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7374 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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