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Autor:innen: 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1820
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
I develop a model of endogenous economic growth and search and matching frictions in the labor market. I study the effect of trade liberalization between two identical economies on unemployment. I solve for two versions of the growth model, the first one where trade liberalization has only a temporary effect on growth, a semi-endogenous growth model. In the second version trade liberalization has a permanent effect on growth, a fully endogenous growth model. I show that in both versions trade liberalization has a steady state effect on unemployment that can be either negative or positive depending on parameters.
Schlagwörter: 
creative destruction
unemployment
trade liberalization
JEL: 
O41
J63
F16
Dokumentart: 
Working Paper

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