The Impact of Tradeon Wages : What If Countries Are Not Small?

What If Countries Are Not Small?

The Impact of Tradeon Wages : What If Countries Are Not Small?
This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 international input-output data for APEC member countries, we numerically simulate a general equilibrium model to study the effects of... READ MORE...

Publication date: June 2006
ISBN 9781451864151
$15.00

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