Does European Unemployment Prop up American Wages?
收藏NBER1996-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5620
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资源简介：
We consider trade between a flexible wage America and a rigid real wage Europe. In a benchmark case, a move from autarky to free trade doubles the European unemployment rate, while it raises the American unskilled wage to the high European level. Entry of the unskilled South to world markets raises
提供机构：
美国国家经济研究局
创建时间：
1996-06-01
