Brings together the authors' work in creating models that more accurately reflect the real-world connections between international trade and labor markets. This book addresses the shortcomings of standard models and describes the empirics that underlie equilibrium unemployment models.
"The pathbreaking research synthesized in this volume shows that labor market frictions are central to understanding the distributional consequences of international trade. Anyone interested in the intellectual debate about globalization should read this book. It is an essential reference for researchers and students in international trade."-Stephen J. Redding, London School of Economics and Political Science