International trade and the equilibrium rate of unemployment in a Heckscher-Ohlin world economy
This paper develops a (stylized Asia-America) Heckscher-Ohlin world economy in which the equilibrium rate of unemployment is endogenous. We examine the impact of various economic shocks on unemployment in the global economy. Harrod-neutral or Hicks-neutral technical progress across all industries in...
Saved in:
| Main Author: | |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
1994
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/433 https://ink.library.smu.edu.sg/context/soe_research/article/1432/viewcontent/International_Trade_and_the_Equilibrium_Rate.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |
Be the first to leave a comment!