Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/191613 
Autor:innen: 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
IWH-CompNet Discussion Papers No. 2/2019
Verlag: 
Leibniz-Institut für Wirtschaftsforschung Halle (IWH), Halle (Saale)
Zusammenfassung: 
This article examines how trade shocks shape labour market imperfections that create market power in labour markets and prevent an efficient allocation of labour. I develop a framework for measuring such labor market distortions in monetary terms and document large degrees of those distortions in Germany's manufacturing sector. Import competition can only exert labor market disciplining effects when firms rather than workers have labour market power. Otherwise, export demand and import competition shocks tend to fortify existing distortions by amplifying labour market power structures. This diminishes the gains from trade compared to a model with perfectly competitive labour markets.
Schlagwörter: 
international trade
market power
labor markets
allocative efficiency
JEL: 
D24
F14
F16
J50
L13
L60
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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