Concurrence des pays à bas salaires, répartition des revenus et rigidités salariales
Jean-François Fagnart and
Marc Fleurbaey
Economie & Prévision, 2002, vol. n° 152-153, issue 1, 1-15
Abstract:
Using a Heckscher-Ohlin model, this paper studies how growing international trade, disadvantageous to unskilled labour, affects an industrialised economy characterised by downward stickiness of certain real wages, resulting in unemployment of the workers concerned. We consider whether such an economy is more vulnerable to this form of international trade than a economy without rigidities, especially with regard to the pattern of national income, real income and employment of workers a priori protected by these rigidities. We also study the impact of international capital mobility on the pattern of these variables.
Keywords: International trade; minimum wage; wage inequality; Stolper; Samuelson (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:cai:ecoldc:ecop_152_0001
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