EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/30255
  
Title:Wage subsidies and international trade: When does policy coordination pay? PDF Logo
Authors:Braun, Sebastian
Spielmann, Christian
Issue Date:2010
Series/Report no.:Kiel working paper 1599
Abstract:National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with unionised labour markets. We document both positive and negative spill-over effects and discuss the benefits and costs from international policy coordination both for the case of symmetric and asymmetric labour market institutions. Our results suggest that institutional differences could sign responsible for the slow speed at which labour market policy coordination has progressed so far.
Subjects:Trade Wage subsidies
policy spill-overs
international policy coordination
unionised labour markets
trade
asymmetric labour market institutions
JEL:F16
F42
J38
H87
Document Type:Working Paper
Appears in Collections:Kieler Arbeitspapiere, IfW
Publikationen von Forscherinnen und Forschern des IfW

Files in This Item:
File Description SizeFormat
620443758.pdf341.87 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/30255

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.