Work

Labor Market Frictions as a Source of Comparative Advantage, with Implications for Unemployment and Inequality

Year: 2010

Type: report

Abstract: Recent research has emphasized firm heterogeneity as a source of comparative advantage.Combining this approach with labor market frictions and worker heterogeneity provides a framework for studying the impact of trade on unemployment and inequality.This paper reviews this approach and reports a number of results from recent studies.

Source: National Bureau of Economic Research

DOI: 10.3386/w15764

Author: Elhanan Helpman

Institutions: National Bureau of Economic Research, Harvard University, Centre for Economic Policy Research

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Reduced inequalities

Open Access status: green

Funder: National Science Foundation

OpenAlex ID: W1815840258

Cites: 39

Cited by: 19

Related to: 10