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  • Search: subject:"Delayed Trade Liberalization"
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Delayed Trade Liberalization 1 Gross Flows 1 Labor Mobility 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
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Artuç, Erhan 1 Chaudhuri, Shubham 1 McLaren, John 1
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İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi 1
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Koç University-TUSIAD Economic Research Forum Working Papers 1
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RePEc 1
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Delay and Dynamics in Labor Market Adjustment: Simulation Results
Artuç, Erhan; Chaudhuri, Shubham; McLaren, John - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2007
We simulate numerically a trade model with labor mobility costs added, modeled in such a way as to generate gross flows in excess of net flows. Adjustment to a trade shock can be slow with plausible parameter values. In our base case, the economy moves 95% of the distance to the new steady state...
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