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

页码：931 / 948

页数：18

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