INEQUALITY AND INTERNATIONAL TRADE: THE ROLE OF SKILL-BIASED TECHNOLOGY AND SEARCH FRICTIONS. (6th January 2016)
- Record Type:
- Journal Article
- Title:
- INEQUALITY AND INTERNATIONAL TRADE: THE ROLE OF SKILL-BIASED TECHNOLOGY AND SEARCH FRICTIONS. (6th January 2016)
- Main Title:
- INEQUALITY AND INTERNATIONAL TRADE: THE ROLE OF SKILL-BIASED TECHNOLOGY AND SEARCH FRICTIONS
- Authors:
- Ritter, Moritz
- Abstract:
- Abstract : I embed a competitive search model of the labor market into a small open economy model with heterogeneous firms and workers. Search frictions generate equilibrium unemployment and income inequality between identical workers, in addition to income differences between skill groups. A quantitative evaluation of the U.S. trade experience suggests that the effect of the increase in goods trade since 1980 may have contributed to the increase in the college premium, but not to the increase in residual inequality.
- Is Part Of:
- Macroeconomic dynamics. Volume 21:Number 3(2017)
- Journal:
- Macroeconomic dynamics
- Issue:
- Volume 21:Number 3(2017)
- Issue Display:
- Volume 21, Issue 3 (2017)
- Year:
- 2017
- Volume:
- 21
- Issue:
- 3
- Issue Sort Value:
- 2017-0021-0003-0000
- Page Start:
- 624
- Page End:
- 643
- Publication Date:
- 2016-01-06
- Subjects:
- Competitive Search, -- Income Inequality, -- International Trade, -- Skill-Biased Technology
Macroeconomics -- Periodicals
339.05 - Journal URLs:
- http://journals.cambridge.org/action/displayJournal?jid=MDY ↗
- DOI:
- 10.1017/S1365100515000620 ↗
- Languages:
- English
- ISSNs:
- 1365-1005
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital store
- Ingest File:
- 56.xml