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Unemployment in Models of International Trade

In: Globalisation and Labour Market Adjustment

Author

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  • Udo Kreickemeier

Abstract

In recent years, there has been a growing interest among trade theorists in the links between international trade and labour market distortions. The contributions to this literature employ microeconomic models of labour market distortions and combine them with a multi-sector model of an open economy. Typically, the labour market models employed in this context use either search theory or efficiency wage theory. The chapter by Davidson and Matusz in this volume considers the search theoretic models in some detail, which is why the focus of this chapter is on the efficiency wage literature.

Suggested Citation

  • Udo Kreickemeier, 2008. "Unemployment in Models of International Trade," Palgrave Macmillan Books, in: David Greenaway & Richard Upward & Peter Wright (ed.), Globalisation and Labour Market Adjustment, chapter 5, pages 73-96, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58238-5_5
    DOI: 10.1057/9780230582385_5
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    Cited by:

    1. Philip Nwosa & Sunday Keji & Samuel Adegboyo & Oluwadamilola Fasina, 2020. "Trade Openness And Unemployment Rate In Nigeria," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 5(2), pages 52-62, September.

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