Publication
Dec 2012
This paper develops a model of economic growth and employment to examin the effect of trade liberalization on unemployment in two economies. In the first economy, trade liberalization has a temporary effect on growth. In the second, trade liberalization has a permanent effect. The findings indicate that trade liberalization has a steady state effect on unemployment that can either be negative or positive depending on additional parameters.
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English (PDF, 28 pages, 275 KB) |
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Author | Ignat Stepanok |
Series | Kiel Institute Working Papers |
Issue | 1820 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2013 Kiel Institute for the World Economy |