Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20262
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dc.creatorSchiff, Maurice-
dc.date2004-
dc.date.accessioned2013-10-16T07:09:37Z-
dc.date.available2013-10-16T07:09:37Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/20262-
dc.identifierppn:379574772-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/20262-
dc.descriptionLabor market integration raises welfare in the absence of distortions. This paper examines labor and goods market integration in a general equilibrium model with social capital. The findings are: i) labor market integration has an ambiguous impact on welfare, and raises it if the goods produced and the labor skills are sufficiently different; ii) compared to Pareto optimum, labor mobility (social capital) is excessively large (depleted); iii) trade is superior to labor market integration if trading costs are no higher than private migration costs; otherwise the outcome is ambiguous; and iv) the creation of new institutions in response to labor market integration has an ambiguous impact on welfare.-
dc.languageeng-
dc.publisher-
dc.relationIZA Discussion paper series 1027-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectJ61-
dc.subjectF22-
dc.subjectF16-
dc.subjectZ13-
dc.subjectddc:330-
dc.subjectsocial capital-
dc.subjectlabor market integration-
dc.subjecttrade-
dc.subjectArbeitsmobilität-
dc.subjectArbeitsmarkt-
dc.subjectMarktintegration-
dc.subjectWirtschaftsintegration-
dc.subjectSocial Capital-
dc.subjectAussenwirtschaft-
dc.subjectAllgemeines Gleichgewicht-
dc.subjectWohlfahrtseffekt-
dc.subjectTheorie-
dc.titleLabor Mobility, Trade and Social Capital-
dc.typedoc-type:workingPaper-
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