Ítem
Acceso Abierto

Labour market, international trade, and unemployment in a less developed country


Fecha
2011-08

Directores

ISSN de la revista
Título del volumen
Editor
Universidad del Rosario

Buscar en:

Métricas alternativas

Resumen
Abstract
This paper constructs a trade general equilibrium model for a less developed country with three sectors. One is the informal and un-tradable sector characterized by áexible wages, while the other two sectors are tradable, export and import sectors. The model imposes a binding minimum wage over the unskilled labour and e¢ cient wage distortions on the skilled labour. Comparative statics is driven to analyze the e§ects on the labour market as consequence of opening the economy, raising the minimum wage and the introduction of an augmenting productivity in the export sector.
Palabras clave
Keywords
Trade reforms , Trade and labor markets interactions , Demand for labor
Buscar en:
MESA, Fernando (2011). Labour market, international trade, and unemployment in a less developed country.