Imperfect Labour Contracts and International Trade

Gene Grossman

Working Papers from Princeton, Woodrow Wilson School - Public and International Affairs

Abstract: Inn an econommy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone.

Keywords: INCOME DISTRIBUTION; INTERNATIONAL MARKET; GENERAL EQUILIBRIUM (search for similar items in EconPapers)
JEL-codes: D51 F11 (search for similar items in EconPapers)
Pages: 33 pages
Date: 1998
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Working Paper: Imperfect Labour Contracts and International Trade (1999)
Working Paper: Imperfect Labor Contracts and International Trade (1999)
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