Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimist

Labour economics textbook on labour market adjustment - develops a short-run dynamic system for the economic analysis of problems related to disequilibrium trad

Examines the process of adjustment in labour markets across countries arising from external shocks and shifts in international competitiveness. Both public labo

This overview of a symposium on labor markets and adjustment concludes that: (1) real wages are more flexible than generally supposed, (2) labor reallocations a