Creative destruction and unemployment in an open economy model

被引：4
|
作者：
Stepanok, Ignat [1 ]
机构：
[1] Inst Employment Res IAB, Nurnberg, Germany
来源：
CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE | 2016年 / 49卷 / 03期
关键词：
TRADE LIBERALIZATION; GROWTH; WAGES;
D O I：
10.1111/caje.12219
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
I develop a model of endogenous economic growth and search and matching frictions in the labour market. I study the effect of trade liberalization between two identical economies on long-run unemployment and show that bilateral trade liberalization has a steady state effect on unemployment that is negative for countries with a relatively larger R&D sector and positive for countries with a smaller R&D sector.
引用
收藏
页码：931 / 948
页数：18
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