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• W3201026361 abstract "Within an open economy framework characterized by vertical linkages in production, and search frictions with two-sided heterogeneity in the labor market, raising trade barriers is shown to increase unemployment across skill levels and to reduce labor market participation and aggregate income. These effects are not necessarily moderated by maintaining frictionless mobility of capital across borders. We find that a flexicurity reform of a liberal welfare state can dampen the adverse effects of de-globalization." @default.
• W3201026361 created "2021-09-27" @default.
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• W3201026361 date "2021-10-25" @default.
• W3201026361 modified "2023-10-13" @default.
• W3201026361 title "De-Globalization, Welfare State Reforms and Labor Market Outcomes" @default.
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• W3201026361 doi "https://doi.org/10.1057/s41308-021-00150-8" @default.
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