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International Trade and Unemployment: On the Redistribution of Trade Gains When Firms Matter

International Trade and Unemployment: On the Redistribution of Trade Gains When Firms Matter
Kataloginformation
Feldname Details
Vorliegende Sprache eng
Hinweise auf parallele Ausgaben 378505122 Erscheint auch als (Druck-Ausgabe): ‡De Pinto, Marco, 1981 - : International trade and unemployment
ISBN 978-3-642-33235-7
Name De Pinto, Marco
T I T E L International Trade and Unemployment
Zusatz zum Titel On the Redistribution of Trade Gains When Firms Matter
Verlagsort Berlin ; Heidelberg
Verlag Springer
Erscheinungsjahr 2013
2013
Umfang Online-Ressource (IX, 112 p. 8 illus, digital)
Reihe Contributions to Economics
Notiz / Fußnoten Description based upon print version of record
Weiterer Inhalt International Trade and Unemployment; On the Redistribution of Trade GainsWhen Firms Matter; Acknowledgments; Contents; List of Figures; Chapter1 Motivation; Chapter2 International Trade and Unemployment:The Worker-Selection Effect; 2.1 Introduction; 2.2 Model; 2.2.1 Set-Up; 2.2.2 Labor Demand; 2.2.3 Wage Bargaining and Fallback Income; 2.2.4 Union Membership, Vacancy Postingand the Melitz Lottery; 2.3 General Equilibrium; 2.3.1 Average Productivity and Aggregation; 2.3.2 Equilibrium (Long-Term) Unemployment, Welfare and Wage Distribution; 2.4 Open Economy; 2.4.1 Modifications. 2.4.2 Autarky Versus Trade: Macroeconomic Implications2.5 Trade Liberalization; 2.6 Conclusion; Appendix; A.1 Appendix 1; A.2 Appendix 2; A.3 Appendix 3; A.4 Appendix 4; Chapter3 Unemployment Benefits as Redistribution Scheme for Trade Gains: A Positive Analysis; 3.1 Introduction; 3.2 Model; 3.2.1 Set-Up; 3.2.2 Labor demand; 3.2.3 Monopoly Union and Fallback Income; 3.2.4 Union Membership, Vacancy Postingand the Melitz Lottery; 3.3 General Equilibrium; 3.3.1 Average Productivity and Aggregation; 3.3.2 Firm Entry and Exit; 3.3.3 Equilibrium (Long-Term) Unemployment and Welfare. 3.4 The Government's Policy Instruments3.4.1 Unemployment Benefits; 3.4.2 The Wage Tax; 3.4.3 The Payroll Tax; 3.4.4 The Profit Tax; 3.5 The Redistribution Schemes; 3.5.1 The Government's Budget Constraint; 3.5.2 Calibration; 3.5.3 Simulation Results; 3.5.3.1 Trade Liberalization; 3.5.3.2 RS 1: UB and the Wage Tax; 3.5.3.3 RS 2: UB and the Payroll Tax; 3.5.3.4 RS 3: UB and the Profit Tax; 3.6 Conclusion; Appendix; A.1 Appendix 1: Government Sector; A.2 Appendix 2: Derivation of the General Equilibrium; Chapter4 An Optimal Redistribution Scheme for Trade Gains; 4.1 Introduction; 4.2 Model. 4.2.1 Set-Up4.2.2 Labor Demand; 4.2.3 Union Wage Setting; 4.2.4 Union Membership, Vacancy Postingand the Melitz Lottery; 4.3 General Equilibrium; 4.3.1 Average Productivity and Aggregation; 4.3.2 Firm Entry and Exit; 4.3.3 Equilibrium (Long-Term) Unemployment and Output; 4.4 The Government's Optimization Problem; 4.4.1 The Objective Function; 4.4.2 Gini Coefficient; 4.5 Optimal Redistribution Schemes; 4.5.1 Calibration; 4.5.2 Local Optima; 4.5.2.1 RS 1: UB and the Wage Tax; 4.5.2.2 RS 2: UB and the Payroll Tax; 4.5.2.3 RS 3: UB and the Profit Tax; 4.5.3 Global Optimum; 4.6 Conclusion. AppendixA.1 Appendix 1: Government Sector; A.2 Appendix 2: Derivation of the General Equilibrium; A.3 Appendix 3: Derivation of the Lorenz Curve; References
Titelhinweis Erscheint auch als (Druck-Ausgabe): ‡De Pinto, Marco, 1981 - : International trade and unemployment
ISBN ISBN 978-3-642-33236-4
ISBN 1-283-93524-4 ebk
ISBN 978-1-283-93524-1 MyiLibrary
Klassifikation POL013000
KCF
BUS038000
331
HD4801-8943
Kurzbeschreibung Motivation -- International trade and unemployment - the worker-selection effect -- Unemployment benefits as redistribution scheme for trade gains- a positive analysis -- An optimal redistribution scheme for trade gains.
2. Kurzbeschreibung Economic theory and empirical research confirm that the rising international integration caused an increase in aggregate income at least for the industrialized countries, although trade liberalization is no Pareto improvement. In the empirical literature, there is a consensus that the international integration implies a destruction of low-skilled job vacancies and an increase in income, while the conclusions are mixed concerning the implication for the overall unemployment rate. This book seeks to find theoretical explanations to these empirical regularities. The book poses three questions: What are the implications of trade liberalization for the labor market in the presence of trade unions if we account for both firm and worker heterogeneity ? What are the implications of a redistribution policy if the government chooses unemployment benefits to partially compensate the losers of trade liberalization ? What is the optimal redistribution scheme for trade gains if the government explicitly takes into account the consequences for the income distribution ? This book presents a rigorous theoretical analysis to answer the questions posed. Beside the well-known firm-selection effect on goods markets caused by trade liberalization, a selection process on the labor market -the worker-selection effect - is presented. The book also argues that if welfare is measured in the traditional manner, i.e. income per capita, compensating the loser of trade liberalization by paying unemployment benefits decreases welfare, but the intensity of the reduction differs with respect to the chosen funding of the unemployment benefits. Another significant contribution of this book is that if the objective function of the government, i.e. the modified welfare function, includes both aggregate income and income inequality, the redistributing of trade gains can lead to an increase in welfare
1. Schlagwortkette Welthandel
Liberalisierung
Beschäftigungswirkung
Arbeitslosenunterstützung
Wohlfahrtseffekt
Verteilungspolitik
1. Schlagwortkette ANZEIGE DER KETTE Welthandel -- Liberalisierung -- Beschäftigungswirkung -- Arbeitslosenunterstützung -- Wohlfahrtseffekt -- Verteilungspolitik
2. Schlagwortkette Welthandel
Liberalisierung
Beschäftigungswirkung
Arbeitslosenunterstützung
Wohlfahrtseffekt
Verteilungspolitik
ANZEIGE DER KETTE Welthandel -- Liberalisierung -- Beschäftigungswirkung -- Arbeitslosenunterstützung -- Wohlfahrtseffekt -- Verteilungspolitik
SWB-Titel-Idn 377593699
Signatur Springer E-Book
Bemerkungen Elektronischer Volltext - Campuslizenz
Elektronische Adresse $uhttp://dx.doi.org/10.1007/978-3-642-33236-4
Internetseite / Link Volltext
Siehe auch Inhaltstext
Siehe auch Volltext
Siehe auch Cover
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