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Sticky feet : how labor market frictions shape the impact of international trade on jobs and wages (English)

This report analyzes the paths by which developing country labor markets adjust to permanent trade-related shocks. Trade shocks can bring about reallocation of labor between industries, but the presence of labor mobility costs implies economy-wide losses because they extend the period of economic adjustment. This report focuses primarily on the adjustment costs faced by workers after a trade shock, because of magnitude and welfare implications and...
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Ruppert Bulmer,Elizabeth N.; Hollweg,Claire Honore; Lederman,Daniel; Rojas Alvarado,Luis Diego.

Sticky feet : how labor market frictions shape the impact of international trade on jobs and wages (English). Directions in development|trade Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/820801468156898298

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