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文章基本信息

  • 标题:Inequality and Unemployment in a Global Economy
  • 本地全文:下载
  • 作者:Elhanan Helpman ; Oleg Itskhoki ; Stephen Redding
  • 期刊名称:CEP Discussion Paper
  • 出版年度:2009
  • 卷号:2009
  • 期号:july
  • 出版社:Centre for Economic Performance
  • 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.
  • 关键词:Wage Inequality, International Trade, Risk, Unemployment
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