Our motivation -- The structure of simple general equilibrium models with frictional unemployment -- Trade with search-generated unemployment -- Multiple free trade equilibria in micro models of unemployment -- Jobs and chocolate : Samuelsonian surpluses in dynamic models -- Long-run lunacy, short-run sanity : a simple model of trade with labor market turnover -- Trade and turnover : theory and evidence -- Trade, turnover, and tithing -- Should policy makers be concerned about adjustment costs? -- An overlapping-generations model of escape clause protection -- Trade liberalization and compensation -- Can compensation save free trade? -- Globalization and firm-level adjustment with imperfect labor markets -- Outsourcing Peter to pay Paul : high-skill expectations and low-skill wages with imperfect labor markets.
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SUMMARY OR ABSTRACT
Text of Note
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 the.
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JSTOR
Source for Acquisition/Subscription Address
MIL
Stock Number
22573/ctts6t2
Stock Number
245872
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Title
International trade with equilibrium unemployment.