Citation

Discussion Paper Details

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Full Details

Title: Labor Market Frictions as a Source of Comparative Advantage, with Implications for Unemployment and Inequality

Author(s): Elhanan Helpman

Publication Date: February 2010

Keyword(s): inequality, labor market frictions, trade and unemployment

Programme Area(s): International Trade and Regional Economics

Abstract: Recent research has emphasized firm heterogeneity as a source of comparative advantage. Combining this approach with labor market frictions and worker heterogeneity provides a framework for studying the impact of trade on unemployment and inequality. This paper reviews this approach and reports a number of results from recent studies.

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Bibliographic Reference

Helpman, E. 2010. 'Labor Market Frictions as a Source of Comparative Advantage, with Implications for Unemployment and Inequality'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7707