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Information and Globalization: Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization

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NBER2000-04-01 更新2025-01-04 收录
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We model home country familiarity with business opportunities in a foreign country as a parameter in a matching process between domestic and foreign firms. We show that as familiarity increases the effect of relative national labor supplies on relative national wages declines, the elasticity of

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2000-04-01
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