International Welfare and Employment Linkages Arising from Minimum Wages
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We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal experiments are considered. First, we show that trade
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美国国家经济研究局创建时间：
2009-07-01
