Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/34911 
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dc.contributor.authorFelbermayr, Gabriel J.en
dc.contributor.authorPrat, Julienen
dc.contributor.authorSchmerer, Hans-Jörgen
dc.date.accessioned2008-08-28-
dc.date.accessioned2010-07-07T11:30:37Z-
dc.date.available2010-07-07T11:30:37Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3363en
dc.subject.jelF12en
dc.subject.ddc330en
dc.subject.keywordTrade liberalizationen
dc.subject.keywordunemploymenten
dc.subject.keywordsearch modelen
dc.subject.keywordfirm heterogeneityen
dc.subject.stwAußenhandelsliberalisierungen
dc.subject.stwBeschäftigungseffekten
dc.subject.stwIntraindustrieller Handelen
dc.subject.stwArbeitsucheen
dc.subject.stwArbeitslosigkeiten
dc.subject.stwLohnverhandlungstheorieen
dc.subject.stwGlobalisierungen
dc.subject.stwReallohnen
dc.subject.stwTheorieen
dc.titleGlobalization and labor market outcomes: wage bargaining, search frictions, and firm heterogeneity-
dc.type|aWorking Paperen
dc.identifier.ppn560201303en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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