|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/52484
|
| | |
| Title: | | Capacity constraining labor market frictions in a global economy  |
| Authors: | | Holzner, Christian Larch, Mario |
| Issue Date: | | 2011 |
| Series/Report no.: | | CESifo working paper: Trade Policy 3597 |
| Abstract: | | Convex vacancy creation costs shape firms' responses to trade liberalization. They induce capacity constraints by increasing firms' cost of production, leading a profit maximizing firm not to fully meet the increased foreign demand. Hence, firms will only serve a few export markets. More productive firms will export to more countries and charge higher or similar prices compared to less productive firms. Trade liberalization also affects labor market outcomes. Increased profits by exporting firms triggers firm entry, reduces unemployment and increases wage dispersion in the on-the-job search model with monopolistic competition. |
| Subjects: | | on-the-job search capacity constraints international trade heterogeneous firms monopolistic competition |
| JEL: | | F16 F12 J64 L11 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/52484
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|