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Unemployment and International Trade: The Effects of Minimum Wages and Non-Traded Goods in Models representing Western Industrialized Countries and China (in German)

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  • Alfred Sitz
  • Friedrich Sindermann

Abstract

In this paper we investigate "integrated equilibria" of two-country models. Extending the basic framework non-traded goods as well as minimum wages are introduced and their effects on the models' results are studied. Finally, the consequences of three types of labor "shocks" are analyzed.

Suggested Citation

  • Alfred Sitz & Friedrich Sindermann, 2009. "Unemployment and International Trade: The Effects of Minimum Wages and Non-Traded Goods in Models representing Western Industrialized Countries and China (in German)," FIW Working Paper series 024, FIW.
    • Handle: RePEc:wsr:wpaper:y:2009:i:024
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    References listed on IDEAS

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    1. Paul Oslington & Isaac Towers, 2010. "Trade, Migration, and Inequality in a World without Factor Price Equalization," Review of International Economics, Wiley Blackwell, vol. 18(4), pages 650-662, September.
    2. Oslington, Paul, 2002. "Factor market linkages in a global economy," Economics Letters, Elsevier, vol. 76(1), pages 85-93, June.
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    7. Davis, Donald R, 1998. "Does European Unemployment Prop Up American Wages? National Labor Markets and Global Trade," American Economic Review, American Economic Association, vol. 88(3), pages 478-494, June.
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