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Trade, Jobs and Wages

Author

Listed:
  • Hian Teck Hoon

Abstract

The world’s increasing integration through trade and the persistence of high unemployment in Europe, and other areas of the world, highlight the need to understand the implications of free trade for unemployment. Trade, Jobs and Wages analyses how employment levels and real wages are affected by international trade. Popular trade theory disregards the impact of free trade on the rate of unemployment, since it assumes full employment at the outset. By focusing on the determinants of the natural rate of unemployment, Professor Hoon places an emphasis on real, as opposed to monetary, factors in accounting for long term trends in wages and unemployment.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Hian Teck Hoon, 2000. "Trade, Jobs and Wages," Books, Edward Elgar Publishing, number 1388.
  • Handle: RePEc:elg:eebook:1388
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    File URL: https://www.elgaronline.com/view/1858987121.xml
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    Citations

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    Cited by:

    1. Kee, Hiau Looi & Hoon, Hian Teck, 2005. "Trade, capital accumulation and structural unemployment: an empirical study of the Singapore economy," Journal of Development Economics, Elsevier, vol. 77(1), pages 125-152, June.
    2. Carl Davidson & Steven J. Matusz, 2010. "Our Motivation," Introductory Chapters, in: International Trade with Equilibrium Unemployment, Princeton University Press.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Business and Management; Economics and Finance;

    JEL classification:

    • K0 - Law and Economics - - General

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