出版社：Center for European, Governance and Economic Development
摘要：The paper analyzes the labor market effects of globalization
when foreign market entry is costly and risky. With flexible labor markets, a
fall in foreign market entry cost tends to generate more income inequality. By
contrast, when workers cannot easily switch industries and wages are inflexible
in the short run, globalization tends to increase unemployment. In this
situation, government unemployment benefits reduce the wages that exporting
firm’s need to pay workers as risk compensation. Thus more firms within an
industries and more industries become exporters. The above findings are
consistent with popular views about the globalization effects in the U.S. and
continental Europe. The results also suggest that the welfare state can
simultaneously cause an increase in unemployment and exports.
