Labor market participation, income distribution, and welfare gains from trade
We develop a general equilibrium trade model where households with skill heterogeneity choose between home production and working on the labor market. Unlike most of the trade literature, the labor supply is elastic and is heterogeneous across households. As a result, trade affects labor participati...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2022
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/2614 https://ink.library.smu.edu.sg/context/soe_research/article/3613/viewcontent/20220514_Participation_Paper.pdf |
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| Institution: | Singapore Management University |
| Language: | English |