000 03924nam a22005055i 4500
001 978-3-642-33236-4
003 DE-He213
005 20200420211741.0
007 cr nn 008mamaa
008 121213s2013 gw | s |||| 0|eng d
020 _a9783642332364
_9978-3-642-33236-4
024 7 _a10.1007/978-3-642-33236-4
_2doi
050 4 _aHD4801-8943
072 7 _aKCF
_2bicssc
072 7 _aBUS038000
_2bisacsh
082 0 4 _a331
_223
100 1 _ade Pinto, Marco.
_eauthor.
245 1 0 _aInternational Trade and Unemployment
_h[electronic resource] :
_bOn the Redistribution of Trade Gains When Firms Matter /
_cby Marco de Pinto.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg :
_bImprint: Physica,
_c2013.
300 _aX, 114 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aContributions to Economics,
_x1431-1933
505 0 _aMotivation -- International trade and unemployment - the worker-selection effect --  Unemployment benefits as redistribution scheme for trade gains- a positive analysis --  An optimal redistribution scheme for trade gains.      .
520 _aEconomic theory and empirical research confirm that the rising international integration caused an increase in aggregate income at least for the industrialized countries, although trade liberalization is no Pareto improvement. In the empirical literature, there is a consensus that the international integration implies a destruction of low-skilled job vacancies and an increase in income, while the conclusions are mixed concerning the implication for the overall unemployment rate. This book seeks to find theoretical explanations to these empirical regularities. The book poses three questions: What are the implications of trade liberalization for the labor market in the presence of trade unions if we account for both firm and worker heterogeneity ? What are the implications of a redistribution policy if the government chooses unemployment benefits to partially compensate the losers of trade liberalization ? What is the optimal redistribution scheme for trade gains if the government explicitly takes into account the consequences for the income distribution ? This book presents a rigorous theoretical analysis to answer the questions posed. Beside the well-known firm-selection effect on goods markets caused by trade liberalization, a selection process on the labor market -the worker-selection effect - is presented. The book also argues that if welfare is measured in the traditional manner, i.e. income per capita, compensating the loser of trade liberalization by paying unemployment benefits decreases welfare, but the intensity of the reduction differs with respect to the chosen funding of the unemployment benefits. Another significant contribution of this book is that if the objective function of the government, i.e. the modified welfare function, includes both aggregate income and income inequality, the redistributing of trade gains can lead to an increase in welfare.
650 0 _aEconomic theory.
650 0 _aIndustrial organization.
650 0 _aInternational economics.
650 0 _aLabor economics.
650 1 4 _aEconomics.
650 2 4 _aLabor Economics.
650 2 4 _aInternational Economics.
650 2 4 _aEconomic Theory/Quantitative Economics/Mathematical Methods.
650 2 4 _aIndustrial Organization.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783642332357
830 0 _aContributions to Economics,
_x1431-1933
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-642-33236-4
912 _aZDB-2-SBE
942 _cEBK
999 _c50697
_d50697