Labor Market Frictions as a Source of Comparative Advantage, with Implications for Unemployment and Inequality
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.
-
-
Copy CitationElhanan Helpman, "Labor Market Frictions as a Source of Comparative Advantage, with Implications for Unemployment and Inequality," NBER Working Paper 15764 (2010), https://doi.org/10.3386/w15764.Download Citation
Published Versions
E.Helpman, "Labor market frictions as a source of comparative advantage: implications for unemployment and inequality," in Robert M. Solow and Jean-Philippe Touffut (eds.), The Shape of the Division of Labour: Nations, Industries and Households (Cheltenham: Edward Elgar Publishing), 2010.
Related
More from the NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
