International Trade with Equilibrium Unemployment
Title | International Trade with Equilibrium Unemployment PDF eBook |
Author | Carl Davidson |
Publisher | Princeton University Press |
Pages | 433 |
Release | 2010 |
Genre | Business & Economics |
ISBN | 0691125597 |
While most standard economic models of international trade assume full employment, Carl Davidson and Steven Matusz have argued over the past two decades that this reliance on full-employment modeling is misleading and ill-equipped to tackle many important trade-related questions. This book brings together the authors' pioneering work in creating models that more accurately reflect the real-world connections between international trade and labor markets. The material collected here presents the theoretical and empirical foundations of equilibrium unemployment modeling, which the authors and their collaborators developed to give researchers and policymakers a more realistic picture of how international trade affects labor markets, and of how transnational differences in labor markets affect international trade. They address the shortcomings of standard models, describe the empirics that underlie equilibrium unemployment models, and illustrate how these new models can yield vital insights into the relationship between international trade and employment. This volume also includes an indispensable general introduction as well as concise section introductions that put the authors' work in context and reveal the thinking behind their ideas. Economists are only now realizing just how important these ideas are, making this book essential reading for researchers and students.
Essays on Equilibrium Unemployment Growth and International Trade
Title | Essays on Equilibrium Unemployment Growth and International Trade PDF eBook |
Author | Mehmet Fuat Şener |
Publisher | |
Pages | 119 |
Release | 1999 |
Genre | |
ISBN |
Theory of International Trade
Title | Theory of International Trade PDF eBook |
Author | Avinash K. Dixit |
Publisher | Cambridge University Press |
Pages | 352 |
Release | 1980-09-30 |
Genre | Business & Economics |
ISBN | 9780521299695 |
This book emphasizes that a trading equilibrium is general rather than partial, and is often best modeled using dual or envelope functions.
International Trade and Labor Markets
Title | International Trade and Labor Markets PDF eBook |
Author | Carl Davidson |
Publisher | W.E. Upjohn Institute |
Pages | 156 |
Release | 2004 |
Genre | Business & Economics |
ISBN | 0880992743 |
Unemployment in Open Economies
Title | Unemployment in Open Economies PDF eBook |
Author | Pia Weiß |
Publisher | Springer Science & Business Media |
Pages | 233 |
Release | 2012-12-06 |
Genre | Business & Economics |
ISBN | 3642565697 |
Unemployment in Open Economies studies how domestic labour markets are influenced by a changing international environment. It combines the recently developed search and matching models with standard models of international trade. By this method, the reader gains new insights in the ongoing debate on how globalisation can affect unemployment. The author develops a collection of models showing that globalisation can be one reason for long-known and well-documented phenomenons on the labour market. She puts emphasis on country differences by studying the role of individual risk behavior and the wage setting on the unemployment level.
The Theory of International Trade and Unemployment
Title | The Theory of International Trade and Unemployment PDF eBook |
Author | Paul Oslington |
Publisher | Edward Elgar Publishing |
Pages | 176 |
Release | 2006 |
Genre | Business & Economics |
ISBN |
In this book, Paul Oslington underlines the contradiction between the prominence of job losses in political conflict over trade liberalization, and trade economists usually working with full employment models. This book is a comprehensive treatment of the benchmark competitive trade model with unemployment. It highlights the important linkages between trade and employment, providing analytical tools for participants in debates over trade liberalization. Global economy models, and empirically important cases where factor price equalization fails are considered for the first time. Questions addressed include: How do trading economies with unemployment respond to shocks such as terms of trade deteriorations, changes in labour market institutions or technological change? How does international migration affect employed and unemployed workers? How are trade patterns and volumes modified by unemployment? Is trade liberalisation always gainful when there is unemployment? How are European and American labour markets linked? How does the entry of newly industrializing countries into manufactured goods markets affect unemployment and wages in different parts of the world? What is the impact of harmonization of international labour standards on different groups in different parts of the world? This work is a basis for much needed empirical and policy work on trade and unemployment. It will strongly appeal to researchers, students and academics with an interest in international economics and international business. Economists in government and international agencies will also find much to interest them within this book.
Trade, Jobs and Wages
Title | Trade, Jobs and Wages PDF eBook |
Author | Hian Teck Hoon |
Publisher | Edward Elgar Publishing |
Pages | 228 |
Release | 2000-01-01 |
Genre | Business & Economics |
ISBN | 9781781952719 |
The world's increasing integration through trade and the persistence of high unemployment in Europe, and other areas of the world, highlight the need to understand the implications of free trade for unemployment. Trade, Jobs and Wages analyses how employment levels and real wages are affected by international trade. Popular trade theory disregards the impact of free trade on the rate of unemployment, since it assumes full employment at the outset. By focusing on the determinants of the natural rate of unemployment, Professor Hoon places an emphasis on real, as opposed to monetary, factors in accounting for long term trends in wages and unemployment.