at Google ScholarTitle data
Larch, Mario ; Lechthaler, Wolfgang:
Comparative Advantage and Skill-Specific Unemployment.
In: The B.E. Journal of Economic Analysis & Policy.
Vol. 11
(2011)
Issue 1
.
- 23.
ISSN 1935-1682
DOI: https://doi.org/10.2202/1935-1682.2673
Abstract in another language
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the gains from trade will be distributed very unequally. While unskilled workers loose in terms of real wages and employment levels in the skilled labor intensive sector, skilled workers loose in terms of real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between sectors is much larger for skilled labor than for unskilled labor. On average, unemployment among unskilled workers increases when a skill-abundant country opens up to trade.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Keywords: | comparative advantage; heterogeneous firms; labor market frictions; unemployment; trade liberalization |
| Subject classification: | F11, F12, F16, J64, L11 |
| Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research > Chair Economics VI: Empirical Economic Research - Univ.-Prof. Dr. Mario Larch Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 300 Social sciences > 330 Economics |
| Date Deposited: | 15 Oct 2015 08:41 |
| Last Modified: | 15 Jun 2023 11:14 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/16664 |