A Quantitative Trade Model with Unemployment
I employ search-and-matching to a multi-country and multi-sector Ricardian model with input-output linkages, trade in intermediate goods, and sectoral heterogeneity, in order to quantify the welfare effects from tariff changes. The paper shows that labor market frictions can be a source of comparati...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2019-03-01
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| Series: | East Asian Economic Review |
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| Online Access: | http://dx.doi.org/10.11644/KIEP.EAER.2019.23.1.355 |