LEADER 05487nam 2200673Ia 450 001 9910457249303321 005 20200520144314.0 010 $a1-282-45872-8 010 $a9786612458729 010 $a1-4008-3216-0 024 7 $a10.1515/9781400832163 035 $a(CKB)2550000000007084 035 $a(EBL)483512 035 $a(OCoLC)592756165 035 $a(SSID)ssj0000339218 035 $a(PQKBManifestationID)11274383 035 $a(PQKBTitleCode)TC0000339218 035 $a(PQKBWorkID)10324200 035 $a(PQKB)10252878 035 $a(MiAaPQ)EBC483512 035 $a(MdBmJHUP)muse36627 035 $a(DE-B1597)446935 035 $a(OCoLC)979881691 035 $a(DE-B1597)9781400832163 035 $a(PPN)187954194 035 $a(Au-PeEL)EBL483512 035 $a(CaPaEBR)ebr10364719 035 $a(CaONFJC)MIL245872 035 $a(EXLCZ)992550000000007084 100 $a20090529d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInternational trade with equilibrium unemployment$b[electronic resource] /$fCarl Davidson and Steven J. Matusz 205 $aCourse Book 210 $aPrinceton, NJ $cPrinceton University Press$d2010 215 $a1 online resource (433 p.) 300 $aDescription based upon print version of record. 311 $a0-691-12559-7 320 $aIncludes bibliographical references and index. 327 $t Frontmatter -- $tCONTENTS -- $tPREFACE -- $tACKNOWLEDGMENTS -- $tChapter 1. OUR MOTIVATION -- $tPART 1: NEW INSIGHTS FROM "OLD" TRADE THEORY -- $tIntroduction to Part 1. -- $tChapter 2. THE STRUCTURE OF SIMPLE GENERAL EQUILIBRIUM MODELS WITH FRICTIONAL UNEMPLOYMENT / $rDavidson, Carl / Martin, Lawrence / Matusz, Steven -- $tChapter 3. TRADE AND SEARCH-GENERATED UNEMPLOYMENT / $rDavidson, Carl / Martin, Lawrence / Matusz, Steven -- $tPART 2: COMPLICATIONS -- $tIntroduction to Part 2. -- $tChapter 4. MULTIPLE FREE TRADE EQUILIBRIA IN MICRO MODELS OF UNEMPLOYMENT / $rDavidson, Carl / Martin, Lawrence / Matusz, Steven -- $tChapter 5. JOBS AND CHOCOLATE: SAMUELSONIAN SURPLUSES IN DYNAMIC MODELS OF UNEMPLOYMENT / $rDavidson, Carl / Martin, Lawrence / Matusz, Steven -- $tChapter 6. LONG-RUN LUNACY, SHORT-RUN SANITY: A SIMPLE MODEL OF TRADE WITH LABOR MARKET TURNOVER / $rDavidson, Carl / Matusz, Steven J. -- $tPART 3: EMPIRICS -- $tIntroduction to Part 3. -- $tChapter 7. TRADE AND TURNOVER: THEORY AND EVIDENCE / $rDavidson, Carl / Matusz, Steven J. -- $tChapter 8. TRADE, TURNOVER, AND TITHING / $rMagee, Christopher S. P. / Davidson, Carl / Matusz, Steven J. -- $tPART 4: ADJUSTMENT COSTS AND POLICY ISSUES -- $tIntroduction to Part 4. -- $tChapter 9. SHOULD POLICY MAKERS BE CONCERNED ABOUT ADJUSTMENT COSTS? / $rDavidson, Carl / Matusz, Steven J. -- $tChapter 10. AN OVERLAPPING-GENERATIONS MODEL OF ESCAPE CLAUSE PROTECTION / $rDavidson, Carl / Matusz, Steven J. -- $tChapter 11. TRADE LIBERALIZATION AND COMPENSATION / $rDavidson, Carl / Matusz, Steven J. -- $tChapter 12. CAN COMPENSATION SAVE FREE TRADE? / $rDavidson, Carl / Matusz, Steven J. / Nelson, Douglas R. -- $tPART 5: NEW INSIGHTS FROM "NEW" TRADE THEORY -- $tIntroduction to Part 5. -- $tChapter 13. GLOBALIZATION AND FIRM-LEVEL ADJUSTMENT WITH IMPERFECT LABOR MARKETS / $rDavidson, Carl / Matusz, Steven J. / Shevchenko, Andrei -- $tChapter 14. OUTSOURCING PETER TO PAY PAUL: HIGH-SKILL EXPECTATIONS AND LOW-SKILL WAGES WITH IMPERFECT LABOR MARKETS / $rDavidson, Carl / Matusz, Steven J. / Shevchenko, Andrei -- $tINDEX 330 $aWhile most standard economic models of international trade assume full employment, Carl Davidson and Steven Matusz have argued over the past two decades that this reliance on full-employment modeling is misleading and ill-equipped to tackle many important trade-related questions. This book brings together the authors' pioneering work in creating models that more accurately reflect the real-world connections between international trade and labor markets. The material collected here presents the theoretical and empirical foundations of equilibrium unemployment modeling, which the authors and their collaborators developed to give researchers and policymakers a more realistic picture of how international trade affects labor markets, and of how transnational differences in labor markets affect international trade. They address the shortcomings of standard models, describe the empirics that underlie equilibrium unemployment models, and illustrate how these new models can yield vital insights into the relationship between international trade and employment. This volume also includes an indispensable general introduction as well as concise section introductions that put the authors' work in context and reveal the thinking behind their ideas. Economists are only now realizing just how important these ideas are, making this book essential reading for researchers and students. 606 $aInternational trade 606 $aUnemployment 608 $aElectronic books. 615 0$aInternational trade. 615 0$aUnemployment. 676 $a331.13/72 700 $aDavidson$b Carl$f1957-$0231828 701 $aMatusz$b Steven J$g(Steven Joseph),$f1956-$01048826 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910457249303321 996 $aInternational trade with equilibrium unemployment$92477366 997 $aUNINA