کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5099995 | 1377066 | 2006 | 37 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Labor market rigidities and R&D-based growth in the global economy
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Labor market rigidities and R&D-based growth in the global economy Labor market rigidities and R&D-based growth in the global economy](/preview/png/5099995.png)
چکیده انگلیسی
This paper constructs a dynamic model of trade between two countries, one with flexible wages (America) and another with a rigid wage for less-skilled workers (Europe). The model incorporates global R&D races that generate random switches in trade patterns. Furthermore, rigid wages in Europe give rise to unemployment in that region. Using the model, I study the role of international trade and labor market institutions in mediating local and global shocks. I also investigate the factors behind the stylized trends in Europe and the US: rising European unemployment, rising wage inequality (especially for the US), skill upgrading, and rising R&D intensities. I find that technology shocks coupled with institutional response from the European labor markets can generate results consistent with the trends.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 30, Issue 5, May 2006, Pages 769-805
Journal: Journal of Economic Dynamics and Control - Volume 30, Issue 5, May 2006, Pages 769-805
نویسندگان
Fuat Åener,