Chaudhuri, Sarbajit (2009): Labour Market Imperfection and HOS Model: Some Counterintuitive Results.
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This note introduces labour market imperfection in an otherwise Heckscher-Ohlin-Samuelson (HOS) model and provides a theory of unionized wage formation. It demonstrates that this framework satisfies the Stolper-Samuelson theorem and the magnification effect and that it is capable of producing certain results which are contrary to the standard HOS and the Corden and Findlay (1975) results.
|Item Type:||MPRA Paper|
|Original Title:||Labour Market Imperfection and HOS Model: Some Counterintuitive Results|
|English Title:||Labour Market Imperfection and HOS Model: Some Counterintuitive Results|
|Keywords:||Labour market imperfection, Heckscher-Ohlin-Samuelson model, Corden and Findlay model, Foreign capital, Trade liberalization.|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements
F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements
|Depositing User:||Sarbajit Chaudhuri|
|Date Deposited:||22. Oct 2009 09:54|
|Last Modified:||19. Feb 2013 07:08|
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