Now showing items 1-3 of 3

    • International competition and labor market adjustment 

      Pessoa, João Paulo
      2018-02-15
      How does welfare change in the short- and long-run when trade integration takes place under imperfect labor markets? Even if consumers benefit from lower prices, there can be significant welfare losses from increases in ...
    • International competition and labor market adjustment 

      Pessoa, João Paulo
      2016
      How does welfare change in the short- and long-run in high wage countries when integrating with low wage economies like China? Even if consumers benefit from lower prices, there can be significant welfare losses from ...
    • Redistribution with labor markets frictions 

      Costa, Carlos Eugênio da; Maestri, Lucas Jóver; Santos, Marcelo Rodrigues dos
      2017
      How does the presence of labor market frictions change optimal redistributive policies? Embedding an otherwise standard Mirrlees’ (1971) economy in a directed search environment we show that optimal Utilitarian (and Rawlsian) ...