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...
Autor principal: | |
---|---|
Outros Autores: | , |
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 |