| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10692 |
| DP10692 Trade and frictional unemployment in the global economy | |
| Frédéric Robert-Nicoud; Céline Carrère; Anja Grujovic | |
| 发表日期 | 2019-07-19 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We develop a multi-country, multi-sector trade model featuring risk-averse workers, labor market frictions, unemployment benefits, and equilibrium unemployment. Trade opening leads to a reduction in unemployment when it simultaneously raises welfare and reallocates labor towards sectors with lower-than-average labor market frictions. We then estimate and calibrate the model using employment data from 31 OECD countries and worldwide trade data. Finally, we quantify the potential unemployment, real wage, and welfare effects of repealing NAFTA and raising bilateral tariffs between the US and Mexico to 20 percent. This policy would increase unemployment by 2.4 percent in the us and 48 percent in Mexico. |
| 主题 | International Trade and Regional Economics ; Labour Economics |
| 关键词 | Labor market frictions Unemployment Trade |
| URL | https://cepr.org/publications/dp10692 |
| 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/542746 |
| 推荐引用方式 GB/T 7714 | Frédéric Robert-Nicoud,Céline Carrère,Anja Grujovic. DP10692 Trade and frictional unemployment in the global economy. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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