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2 edition of Imperfect labor contracts and international trade found in the catalog.

Imperfect labor contracts and international trade

Gene M. Grossman

Imperfect labor contracts and international trade

by Gene M. Grossman

  • 34 Want to read
  • 28 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Labor contract -- Econometric models.,
  • Teams in the workplace -- Econometric models.,
  • Human capital -- Econometric models.,
  • Comparative advantage (International trade) -- Econometric models.

  • Edition Notes

    Other titlesLabor contracts and international trade
    StatementGene M. Grossman.
    SeriesNBER working paper series -- working paper 6901, Working paper series (National Bureau of Economic Research) -- working paper no. 6901.
    ContributionsNational Bureau of Economic Research.
    Classifications
    LC ClassificationsHB1 .W654 no. 6901
    The Physical Object
    Pagination33, 7 p. of plates :
    Number of Pages33
    ID Numbers
    Open LibraryOL22399632M

    particular imperfect labor market model on the data, we let the data determine the type of compe-tition prevailing in product and labor markets. We accomplish this by building on the econometric reduced-form productivity model with imperfect product and labor markets which has been devel-oped in Dobbelaere and Mairesse (). Labor Studies Business Classics It features original scholarly articles, interviews, translations, and book reviews. Published by More Journals. 3 / 3. Catalogs. Fall/Winter New and recent books published in the field of international studies by Cornell University Press and its imprints. View the PDF or the Issuu version.

    Reading List Recommended textbooks: a) Dixit, Avinash and Victor Norman, Theory of International Trade, Cambridge University Press, b) Feenstra, Robert, Advanced International Trade: Theory and Evidence, Princeton University Press, c) Helpman, Elhanan and Paul Krugman, Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International . Most labor economics textbooks pay little attention to actual labor markets, taking as reference a perfectly competitive market in which losing a job is not a big deal. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfect labor markets and to provide a systematic framework for analyzing how labor market.

    The model pins down the boundaries of multinational firms as well as the international location of production, and it is shown to predict the patterns of intrafirm trade identified above. Econometric evidence reveals that the model is consistent with other qualitative and quantitative features of the data. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfect labor markets and to provide a systematic framework for analyzing how labor market institutions operate. While the barriers to international trade and capital mobility have already been largely removed, cross-border worker flows are tightly restricted.


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Imperfect labor contracts and international trade by Gene M. Grossman Download PDF EPUB FB2

Imperfect labor contracts and international trade. Cambridge, MA: National Bureau of Economic Research, © (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Gene M Grossman; National Bureau of Economic Research.

Imperfect labor contracts and international trade. [Gene M Grossman; National Bureau of Economic Research.] -- Abstract: In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage.

I study a world economy with two sectors. Imperfect Labor Contracts and International Trade Gene M. Grossman. NBER Working Paper No. Issued in January NBER Program(s):International Trade and Investment.

In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative by: Downloadable. In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage.

I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone.

When workers' abilities are private information and workers cannot verify the value of output or the level of. In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage.

I study a world economy with two sectors, one where output is produced by teams and another where individuals can work by: A theoretical analysis of international trade and industrial policy, developing and using new models of trade with imperfect competition.

Modeling of imperfect competition within international trade has been difficult until recent breakthroughs in this area, which have provided a. Grossman, G.M., "Imperfect Labour Contracts and International Trade," PapersPrinceton, Woodrow Imperfect labor contracts and international trade book School - Public and International Affairs.

Gene M. Grossman, "Imperfect Labor Contracts and International Trade," NBER Working Papers. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfect labor markets and to provide a systematic framework for analyzing how labor market institutions operate.

This expanded, updated, and thoroughly revised second edition includes a new chapter on labor-market discrimination; quantitative examples; data and programming files enabling users to Reviews: 5.

International Trade and the Nation's Standard of Living 6 Case Study Rising Importance of International Trade to the United States 8 The International Flow of Goods, Services, Labor, and Capital 9 A The International Flow of Goods and Services: The Gravity Model 9 B The International Flow of Labor and Capital World War II further hindered international trade.

Global flows of goods and financial capital rebuilt themselves only slowly after World War II. It was not until the early s that global economic forces again became as important, relative to the size of the world economy, as they were before World War I.

One important motivation for international trade is the efficiency improvements that can arise because of the presence of economies of scale in production. Although economists wrote about these effects long ago, models of trade developed after the s introduced economies of scale in creative new ways and became known as the “New Trade.

International Trade is a split volume from the text, covering: • Offshoring of goods and services (Chapter 6) • Tariffs and quotas under imperfect competition (Chapter 9) • International agreements on trade, labor, and the environment (Chapter 11) As well as core topics: • The Ricardian model (Chapter 2)Reviews: Marc J.

Melitz, Stephen J. Redding, in Handbook of International Economics, 10 Factor Markets. The model of firm heterogeneity in differentiated product markets developed in Section 3 implies that firms are unevenly affected by trade liberalization: low-productivity firms exit, intermediate-productivity domestic firms contract, and high-productivity exporting firms expand.

The Economics Of Imperfect Labor Markets - Cornell University Analysis of the labor market effects of different LMIs by presenting empirical evidence from two not a book about the economic theory behind the operation of markets in the presence of imperfect or on international comparisons, will especially appreciate this new book.

through theoretically arbitrary assumptions about labor contracts.2 imperfect information model.4 Indeed, one goal of this paper is to redo pp.

; Lucas, "Some International Evidence. This result provides a micro foundation for the secular increase in the relative demand for skilled labor. Moreover, it constitutes an important link among major explanations for the rise in wage inequality: skill-biased technical change, capital-skill complementarities, and international trade.

Deriving the Contract Curve 4 Antidiscrimination Legislation Measures and Cross-Country Comparisons Theory A Perfect Labor Market An Imperfect Labor Market Empirical Evidence Unconditional Gender Employment and Earnings Gaps Empirical Evidence on Discrimination in the Price: $   As insightful as the OLI literature is, it took some time before it was absorbed by international trade theory because a widely accepted general-equilibrium modeling of increasing returns to scale, product differentiation, and imperfect competition did not become available until the late s and early s, and because contract theory was.

Economies Of Scale And International Trade. Imperfect Competition And International Trade Under Internal Economies Of Scale. External Economies And International Trade.

Strategic Trade Policy, Economies Of Scale, And Imperfect Competition. Summary. Key. At present it is the major alternative to models of imperfect competition; we will comment on its comparative advantage below.

In one sense, contracts provide the foundation for a large part of economic analysis. Any trade - as a quid pro quo - must be mediated by some form of contract, whether it be explicit or implicit.

1. international trade • The buying and selling of goods and services across national borders is known as international trade. International trade is the backbone of our modern, commercial world, as producers in various nations try to profit from an expanded market, rather than be limited to selling within their own borders.international trade is positive or negative.

(1.) Advocates for international trade argue international trade can increase the overall wealth of all countries engaged in it, instead of enriching one at the expense of others.6 Nonetheless, (2.) others insist that international trade can harm nations, citing phenomena such as.a) Trade barriers, imperfect labor market, and intangible assets.

b) vertical integration, product life cycle, and shareholder diversification services. c) profit maximization, global prestige, and competition. d) .