INTERNATIONAL TRADE AND LABOR MARKETS

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Focusing on the labor market impacts of international trade, this volume compiles theoretical papers by Udo Kreickemeier and various co-authors. It addresses issues like involuntary unemployment and examines how trade influences overall employment levels. Additionally, the collection explores the relationship between international trade and income distribution, highlighting factors such as union wage premia, exporter wage premia from firm-level rent sharing, and the advantages for high-productivity entrepreneurs in global markets.