Labor Market Frictions, Firm Growth, and International Trade

Labor Market Frictions, Firm Growth, and International Trade
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劳动力市场摩擦、企业增长和国际贸易

DOI:
10.3386/w19492
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发表时间:
2013
期刊:
NBER Working Paper Series
影响因子:
--
通讯作者:
Pablo D. Fajgelbaum
Pablo D. Fajgelbaum
中科院分区:
--
文献类型:
--
作者:
Pablo D. Fajgelbaum

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我研究了小型开放经济体中劳动力市场摩擦的总体影响,在这些经济体中,企业增长缓慢并进行固定的出口投资。该模型的特点是出口动态投资和搜索摩擦与工作流动性之间的相互作用。对阿根廷经济的企业增长、工人在企业之间的转换以及出口动态等数据进行校准表明,减少工作间转换摩擦带来的实际收入收益比失业摩擦减少的实际收入收益高出约 7 倍。企业间工人流动的障碍对于贸易成本降低的实际收入收益至关重要。
I study the aggregate effects of labor market frictions in a small open economy where firms grow slowly and make fixed export investments. The model features interactions between dynamic investments in exporting and search frictions with job-to-job mobility. A calibration to Argentina's economy matching data on firm growth, worker transitions between firms, and export dynamics suggests that the real income gains from lowering frictions in job-to-job transitions are about 7 times larger than comparable reductions in frictions from unemployment. Barriers to worker mobility across firms matter for the real income gains of trade-cost reductions.
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影响因子: --
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