Patterns of Labor Market Adjustment to Trade Shocks with Imperfect Capital Mobility

Patterns of Labor Market Adjustment to Trade Shocks with Imperfect Capital Mobility

This paper explores how different investment frictions affect the patterns of responses of labor markets to tariff cuts. To investigate these patterns, this paper formulates a multi-sector dynamic model featuring capital and labor adjustment costs...

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Bibliographic Details
Main Authors: Artuc, Erhan, Brambilla, Irene, Porto, Guido
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
TRADE SHOCK
CAPITAL ADJUSTMENT
LABOR MOBILITY
LABOR MARKET DYNAMIC
TARIFF CUT
WAGES
Online Access:http://documents.worldbank.org/curated/undefined/878751631627450596/Patterns-of-Labor-Market-Adjustment-to-Trade-Shocks-with-Imperfect-Capital-Mobility
http://hdl.handle.net/10986/36283

Internet

http://documents.worldbank.org/curated/undefined/878751631627450596/Patterns-of-Labor-Market-Adjustment-to-Trade-Shocks-with-Imperfect-Capital-Mobility
http://hdl.handle.net/10986/36283

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