Sticky Feet: How Labor Market Frictions Shape The Impact Of International Trade On Jobs And Wages (Directions In Development - Trade)

This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.

• • Author: Claire H. Hollweg, Daniel Lederman, Diego Rojas, Elizabeth Ruppert Bulmer
• • Publisher: World Bank Publications
• • Publication Date: Jun 26, 2014
• • Number of Pages: 120 pages
• • Language: English
• • Binding: Paperback
• • ISBN-10: 1464802637
• • ISBN-13: 9781464802638