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...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| 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 |