Intra-industry trade, involuntary unemployment and macroeconomic stability

DOI10.1016/J.JMATECO.2021.102589MaRDI QIDQ2668982zbMATH OpenOpenAlexFDO

Authors Antoine Le Riche, Teresa Lloyd-Braga, Leonor Modesto

Publication date 9 March 2022

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.jmateco.2021.102589

zbMATH Keywords

bifurcationsindeterminacyinvoluntary unemploymenttaste for varietyintra-industry trade

Mathematics Subject Classification ID

Trade models (91B60) Multisectoral models in economics (91B66) Labor markets (91B39)

Recommendations

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Cites work

• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
• Dynamic two‐country Heckscher–Ohlin model with externality
• Indeterminacy in dynamic models: when Diamond meets Ramsey
• Labour Market Rigidities, Trade and Unemployment
• Macroeconomic volatility and trade in OLG economies
• National labor markets, international factor mobility and macroeconomic instability
• Real business cycles and the animal spirits hypothesis
• TASTE FOR VARIETY AND ENDOGENOUS FLUCTUATIONS IN A MONOPOLISTIC COMPETITION MODEL
• Taste for variety and optimum production patterns in monopolistic competition
• Trade and indeterminacy in a dynamic general equilibrium model
• Trade and indeterminacy revisited

Cited in

(4)

• On the (de)stabilization role of protectionism
• Inward‐looking policies, finite change, and employment: The capital reallocation effect
• National labor markets, international factor mobility and macroeconomic instability
• Labour Market Rigidities, Trade and Unemployment

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