Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/34911
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dc.contributor.authorFelbermayr, Gabriel J.en_US
dc.contributor.authorPrat, Julienen_US
dc.contributor.authorSchmerer, Hans-Jörgen_US
dc.date.accessioned2008-08-28en_US
dc.date.accessioned2010-07-07T11:30:37Z-
dc.date.available2010-07-07T11:30:37Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/34911-
dc.description.abstractWe introduce search unemployment à la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as it improves aggregate productivity net of transport costs. We show that this condition is likely to be met by a reduction in variable trade costs or the entry of new trading countries. On the other hand, the gains from a reduction in fixed market access costs are more elusive. Calibrating the model shows that the positive impact of trade openness on employment is significant when wages are bargained at the individual level but much smaller when wages are bargained at the collective level.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion Papers |x3363en_US
dc.subject.jelF12en_US
dc.subject.ddc330en_US
dc.subject.keywordTrade liberalizationen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordsearch modelen_US
dc.subject.keywordfirm heterogeneityen_US
dc.subject.stwAußenhandelsliberalisierungen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwIntraindustrieller Handelen_US
dc.subject.stwArbeitsucheen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwLohnverhandlungstheorieen_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwReallohnen_US
dc.subject.stwTheorieen_US
dc.titleGlobalization and labor market outcomes: wage bargaining, search frictions, and firm heterogeneityen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn560201303en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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