Sticky Feet : How Labor Market Frictions Shape the Impact of International Trade on Jobs and Wages

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...

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Bibliographic Details
Main Authors:	Hollweg, Claire H., Lederman, Daniel, Rojas, Diego, Ruppert Bulmer, Elizabeth
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2014
Subjects:	ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICY ADJUSTMENT ASSISTANCE ADJUSTMENT COST ADJUSTMENT POLICIES AGGREGATE EMPLOYMENT AGGREGATE GROWTH AGGREGATE PRODUCTIVITY AGRICULTURE ANALYTICAL APPROACH AVERAGE WAGE AVERAGE WAGES BUSINESS CYCLE CAPITAL INVESTMENT CAPITAL MARKETS CREATIVE DESTRUCTION CRISES DEREGULATION DEVELOPMENT ECONOMICS DISCOUNTED VALUE DISPLACED WORKER DISPLACED WORKERS ECONOMIC COOPERATION ECONOMIC COSTS ECONOMIC FLUCTUATIONS ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC SHOCKS ECONOMIC STABILITY EDUCATIONAL ATTAINMENT EMPLOYMENT EMPLOYMENT DYNAMICS EMPLOYMENT GROWTH EMPLOYMENT INCREASES EMPLOYMENT LEVELS EMPLOYMENT OPPORTUNITIES EMPLOYMENT OUTCOMES EMPLOYMENT SHARE ENTRY COSTS EQUILIBRIUM ANALYSIS EQUILIBRIUM UNEMPLOYMENT EXOGENOUS SHOCK EXPECTED WAGES EXPORT MARKETS FACTOR DEMAND FINANCIAL CRISES FINANCIAL CRISIS FIRING COSTS FIRM DYNAMICS FIRM ENTRY FIRM SIZE FORMAL SECTOR WORKERS GDP GDP PER CAPITA GENERAL EQUILIBRIUM GOVERNMENT INTERVENTION HOURS OF WORK HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN CAPITAL INCOME INDUSTRY WAGE INDUSTRY WAGES INFORMAL EMPLOYMENT INFORMAL SECTOR INSURANCE INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE JOB CREATION JOB DISPLACEMENT JOB SEARCH JOB SECURITY JOB SEPARATION JOB TURNOVER JOBS LABOR ADJUSTMENT LABOR ADJUSTMENT COSTS LABOR ALLOCATION LABOR ALLOCATIONS LABOR COSTS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET CHARACTERISTICS LABOR MARKET IMPACT LABOR MARKET OUTCOMES LABOR MARKET REGULATIONS LABOR MARKET RIGIDITIES LABOR MARKETS LABOR MOBILITY LABOR POLICIES LABOR REALLOCATION LABOR REGULATION LABOR REGULATIONS LABOR SHARE LABOUR LABOUR MARKET LABOUR MARKET REGULATIONS LAID-OFF WORKERS LAYOFFS LEGAL STATUS LOCAL GOVERNMENTS MACROECONOMIC ANALYSIS MICROECONOMIC ANALYSIS MIGRATION NET EMPLOYMENT NEW ENTRANTS NOMINAL WAGES OCCUPATION OCCUPATIONAL CHOICE ON-THE-JOB TRAINING OPEN ECONOMY OPTIMIZATION PASSIVE LABOR PLANT CLOSING PLANT CLOSURE PLANT CLOSURES POLITICAL ECONOMY PREVIOUS STUDIES PREVIOUS WAGE PRODUCTION FUNCTION PRODUCTION WORKERS PRODUCTIVE ACTIVITIES PRODUCTIVITY GAINS PROFITABILITY PURCHASING POWER REAL WAGE REAL WAGES REGRESSION ANALYSIS RETRAINING PROGRAMS SAFETY SAFETY NETS SEARCH COSTS SERVICE SECTOR SEVERANCE PAY SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL SAFETY NETS TOTAL COSTS TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORMS UNEMPLOYMENT UNEMPLOYMENT BENEFITS WAGE BILL WAGE DATA WAGE DIFFERENTIAL WAGE DIFFERENTIALS WAGE EFFECTS WAGE GAP WAGE INCREASE WAGE LEVEL WAGE SUBSIDIES WELL-FUNCTIONING LABOR MARKETS WORK EXPERIENCE WORKER WORKERS WORKING
Online Access:	http://documents.worldbank.org/curated/en/2014/06/19705585/sticky-feet-labor-market-frictions-shape-impact-international-trade-jobs-wages http://hdl.handle.net/10986/18777

Internet

http://documents.worldbank.org/curated/en/2014/06/19705585/sticky-feet-labor-market-frictions-shape-impact-international-trade-jobs-wages
http://hdl.handle.net/10986/18777

Sticky Feet : How Labor Market Frictions Shape the Impact of International Trade on Jobs and Wages

Internet

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