Job Turnover and International Trade: A General Equilibrium Analysis

Nicolas Petrosky-Nadeau, Horag Choi, Alain Delacroix and George Alessandria
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Nicolas Petrosky-Nadeau: UQAM

No 497, 2008 Meeting Papers from Society for Economic Dynamics

Abstract: We also study the dynamics of job turnover following an unanticipated cut in tariffs. In the transition to the new steady state, we find that job turnover temporarily rises as workers are reallocated from less productive non-exporters to more productive exporters. These increases in job turnover occur primarily in the first few periods following the change in trade policy. The reallocation takes longer if the longer it takes for trade to expand.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed008:497

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