Staff View: Some Simple Analytics of Trade and Labor Mobility

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Some Simple Analytics of Trade and Labor Mobility

This paper studies a simple, tractable model of labor adjustment in a trade model that allows researchers to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, duality techniques c...

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Bibliographic Details
Main Authors:	Artuc, Erhan, Chaudhuri, Shubham, McLaren, John
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014
Subjects:	ADJUSTMENT ASSISTANCE ADJUSTMENT COST ADJUSTMENT COSTS ADJUSTMENT PROCESS AFFECTED WORKERS AVERAGE WAGES BENCHMARK CETERIS PARIBUS COMPENSATING WAGE DIFFERENTIALS CONSUMER PRICE INDEX DEMAND CURVES DEVELOPING COUNTRIES DEVELOPMENT POLICY DISCOUNTED VALUE DISTRIBUTION OF INCOME DOMESTIC PRICE DOWNWARD PRESSURE ECONOMIC ACTIVITY ECONOMIC INEQUALITY ECONOMIC THEORY ECONOMICS ELASTICITY ELASTICITY OF LABOR SUPPLY ELASTICITY OF SUBSTITUTION EMPLOYMENT EFFECTS EMPLOYMENT LEVELS EMPLOYMENT RESEARCH EQUILIBRIUM EQUILIBRIUM UNEMPLOYMENT EXPECTED VALUE EXPECTED WAGE EXPORT MARKETS EXPORT SECTOR EXPORT SUBSIDY EXPORTS FEDERAL RESERVE SYSTEM FREE TRADE FREE TRADE AGREEMENT GDP GENERAL EQUILIBRIUM GLOBALIZATION HIGH WAGES HUMAN CAPITAL IMPORT COMPETITION IMPORTS INDUSTRY WAGE INTERNATIONAL ECONOMICS INTERNATIONAL TRADE JOB SEPARATION JOBS LABOR ADJUSTMENT LABOR ALLOCATION LABOR ALLOCATIONS LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET RIGIDITIES LABOR MARKETS LABOR MOBILITY LABOR REALLOCATION LABOR SUPPLIES LABOUR LOCAL LABOR MARKET LOCAL LABOR MARKETS MANUFACTURING INDUSTRIES MANUFACTURING WAGE MANUFACTURING WAGES MARGINAL COST MARGINAL PRODUCTS MARGINAL VALUE NATIONAL INCOME NEOCLASSICAL MODELS OCCUPATION OCCUPATIONAL MOBILITY OPEN ECONOMY OPTIMAL ALLOCATION OPTIMIZATION POLITICAL ECONOMY POLITICAL ECONOMY OF TRADE PREFERENTIAL AGREEMENT PRESENT VALUE PRODUCT PRICES PRODUCTION FUNCTION PRODUCTION FUNCTIONS PROTECTIONISM REAL WAGE REAL WAGES RENTS RISK NEUTRAL TARIFF BINDINGS TARIFF PROTECTION TARIFF REDUCTION TARIFF REDUCTIONS TERMS OF TRADE TRADE ADJUSTMENT TRADE ADJUSTMENT ASSISTANCE TRADE BLOCK TRADE BLOCKS TRADE DIVERSION TRADE LIBERALIZATION TRADE MODEL TRADE MODELS TRADE POLICY TRADE REGIME TRAINING COSTS UNEMPLOYMENT URUGUAY ROUND WAGE DIFFERENTIAL WAGE DIFFERENTIALS WAGE EFFECTS WAGE INCREASE WAGE INEQUALITY WAGE LEVELS WAGE LOSS WAGES WORKER WORKERS WTO
Online Access:	http://documents.worldbank.org/curated/en/2014/11/20349473/some-simple-analytics-trade-labor-mobility http://hdl.handle.net/10986/20627