This report analyzes the paths by which developing country labor markets adjust to permanent trade-related shocks. Trade shocks can bring about reallocation of labor between industries, but the presence of labor mobility costs implies economy-wide losses because they extend the period of economic adjustment. This report focuses primarily on the adjustment costs faced by workers after a trade shock, because of magnitude and welfare implications and...
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INFORMACIÓN
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2014/06/17
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Publicación
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88890
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1
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1
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2014/06/24
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Disclosed
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Sticky feet : how labor market frictions shape the impact of international trade on jobs and wages
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labor mobility
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