Synopses & Reviews
Economic theory and empirical research confirm that the rising international integration caused an increase in aggregate income at least for the industrialized countries, although trade liberalization is no Pareto improvement. In the empirical literature, there is a consensus that the international integration implies a destruction of low-skilled job vacancies and an increase in income, while the conclusions are mixed concerning the implication for the overall unemployment rate. This book
Synopsis
Motivation.- International trade and unemployment - the worker-selection effect.- Unemployment benefits as redistribution scheme for trade gains- a positive analysis.- An optimal redistribution scheme for trade gains.
Table of Contents
Motivation.- International trade and unemployment - the worker-selection effect.-