Intra-industry trade, involuntary unemployment and macroeconomic stability

We introduce taste for variety in a one-sector model of differentiated products with productive labor externalities, considering two OLG countries, one with wage rigidity and the other with full employment. After opening the borders to capital mobility and intra-industry trade, steady state output a...

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Detalhes bibliográficos
Autor principal: Riche, Antoine Le (author)
Outros Autores: Lloyd-Braga, Teresa (author), Modesto, Leonor (author)
Formato: article
Idioma:eng
Publicado em: 2021
Assuntos:
Texto completo:http://hdl.handle.net/10400.14/36152
País:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/36152