Volatility, labor market flexibility, and the pattern of comparative advantage

370 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy (2016, neutral): “It remains to specify the unconditional value of starting the period matched with an industrial rm, J(z 1; l 1), which appears in (13).”
Domestic Institutions as a Source of Comparative Advantage (2013, neutral): “Row 1 corresponds to Nunn (2007), row 2 to Levchenko (2007) , rows 3–4 to Costinot (2009), row 5 to Cunat and Melitz (2012), and row 6 to Manova (2013).”
Institutions and Venture Capital (2013, background): “Micco and Pagés-Serra (2008) show that employment protection reduces the size of sectors characterized by high intrinsic labor volatility, and Cuñat and Melitz (2007) show that countries with less flexible labor market policies tend to specialize (in terms of international trade) in sectors with low”
Employment Protection Legislation, Multinational Firms, and Innovation (2012, background): “Also Cunat and Melitz (2007) provide theoretical and empirical evidence that countries with flexible labor markets have a comparative advantage in industries with high demand volatility.”
Financing Constraints, Firm Dynamics, Export Decisions and Aggregate productivity (2011, background): “Existing firms that are already exporting decide to continue exporting according to equations (17) and (18).”