Trade, jobs and wages
著者
書誌事項
Trade, jobs and wages
Edward Elgar, c2000
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注記
Includes bibliographical references (p. 191-196) and index
内容説明・目次
内容説明
The world's increasing integration through trade and the persistence of high unemployment in Europe, and other areas of the world, highlight the need to understand the implications of free trade for unemployment. Trade, Jobs and Wages analyses how employment levels and real wages are affected by international trade.Popular trade theory disregards the impact of free trade on the rate of unemployment, since it assumes full employment at the outset. By focusing on the determinants of the natural rate of unemployment, Professor Hoon places an emphasis on real, as opposed to monetary, factors in accounting for long term trends in wages and unemployment. The author examines the influence of trade on jobs and wages in different theoretical settings, including the Ricardian and Heckscher-Ohlin models as well as models exhibiting imperfect competition and scale economies. The influence of trade on high wage jobs and wage inequalities is also discussed.
目次
Contents: Preface 1. Introduction 2. Factors Shaping Singapore's Wages and Unemployment 3. The Ricardian Model with an Endogenous Natural Rate 4. The Heckscher-Ohlin Model with an Endogenous Natural Rate 5. International Product-Market Competition, Jobs and Wages 6. Scale Economies, Jobs and Wages 7. Trade, High-wage Jobs and the Wage Gap 8. International Trade and Wage Inequality: The Role of Economies of Scale and Relative Factor Endowments 9. Wealth, Labour Force Participation and Trade 10. Trade, Growth and Unemployment in Ricardo's Essay on Profits Model 11. A Synthesis References Index
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