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Labor Mobility, Trade and Social Capital

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dc.creator Schiff, Maurice
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:37Z
dc.date.available 2013-10-16T07:09:37Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20262
dc.identifier ppn:379574772
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20262
dc.description Labor 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.language eng
dc.publisher
dc.relation IZA Discussion paper series 1027
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J61
dc.subject F22
dc.subject F16
dc.subject Z13
dc.subject ddc:330
dc.subject social capital
dc.subject labor market integration
dc.subject trade
dc.subject Arbeitsmobilität
dc.subject Arbeitsmarkt
dc.subject Marktintegration
dc.subject Wirtschaftsintegration
dc.subject Social Capital
dc.subject Aussenwirtschaft
dc.subject Allgemeines Gleichgewicht
dc.subject Wohlfahrtseffekt
dc.subject Theorie
dc.title Labor Mobility, Trade and Social Capital
dc.type doc-type:workingPaper


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