Title of article :
Productivitydifferencesandthedynamiceffectsof
labor movements
Author/Authors :
Paul Klein، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2008
Abstract :
Barrierstolabormobilityacrosscountriescoexistwithsubstantialdifferencesinliving
standardslargelyattributabletoproductivitydifferences.Agrowthmodelwith
endogenouslabormovementsisusedtoassesstheeffectsonoutput,capital
accumulationandwelfareofremovingbarrierstolabormobility.Themodelis
parameterizedsothatitisconsistentwithevidenceonhistoricallabormovements,and
is appliedtotwocases:theenlargementoftheEuropeanUnionandthe(hypothetical)
creationofacommonlabormarketintheNorthAmerica.Themainfindingisthatthere
are largeresultinggainsintermsofoutputandwelfare
Keywords :
TFPCross-country incomedifferencesLabor mobilityCapital mobility
Journal title :
Journal of Monetary Economics
Journal title :
Journal of Monetary Economics