Trade theorems with search unemployment

Sheng, Yu; Xu, Xinpeng

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Trade theorems with search unemployment

Date

2010

Authors

Sheng, Yu

Xu, Xinpeng

Publisher

University of Toronto Press

Abstract

We revisit the Heckscher-Ohlin-Samuelson model in the presence of labour market frictions à la Mortensen-Pissarides. Relaxing the assumption of the one-worker-one-firm matching rule, we show that the Stolper-Samuelson theorem and the Rybczynski theorem m