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Labor market frictions as a source of comparative advantage, with implications for unemployment and inequality

"Recent research has emphasized firm heterogeneity as a source of comparative advantage. Combining this approach with labor market frictions and worker heterogeneity provides a framework for studying the impact of trade on unemployment and inequality. This paper reviews this approach and report...

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Bibliographic Details
Main Authors: National Bureau of Economic Research, Cambridge, Helpman, Elhanan
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Cambridge, MA 2010
NBER
Subjects:
labour market
trade
unemployment
social inequality
Online Access:https://www.labourline.org/KENTIKA-19186615124919048979-Labor-market-frictions-as-a-so.htm
Description
Summary:"Recent research has emphasized firm heterogeneity as a source of comparative advantage. Combining this approach with labor market frictions and worker heterogeneity provides a framework for studying the impact of trade on unemployment and inequality. This paper reviews this approach and reports a number of results from recent studies."
Physical Description:20 p.
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