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This paper presents a new assessment the Stolper-Samuelson Theorem, relaxing the neoclassical hypothesis of perfect factor mobility and wage flexibility. We build a model economy in which some sector face imperfect competition and workers are unionized in those sector, so that wages are not...
Persistent link: https://www.econbiz.de/10004968489
Persistent link: https://www.econbiz.de/10005001548