0000000000023952

AUTHOR

Udo Kreickemeier

showing 3 related works from this author

The shadow price of foreign exchange with minimum wages

2001

Abstract This note derives the shadow price of foreign exchange in a small open economy with minimum wage unemployment under tariffs, quotas and voluntary export restraints. The analysis is conducted in a dual general equilibrium framework with many goods and factors.

MacroeconomicsEconomics and EconometricsGeneral equilibrium theoryShadow pricemedia_common.quotation_subjectSmall open economyVoluntary export restraintsDual (category theory)UnemploymentEconomicsForeign exchangeMinimum wageFinancemedia_commonEconomics Letters
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Fair Wages and Unemployment in a Small Open Economy

2006

In this paper we develop a model of a multi-sector multi-factor small open economy with involuntary unemployment due to fair wages. The model is used inter alia to analyse the labour market effects of changes in unemployment benefits and the domestic labour supply. Our analysis covers both the case where factor prices do not react to endowment changes - as in the Heckscher-Ohlin model - and the case where they do. Results are sensitive to this distinction, thereby emphasizing the benefit of employing a general production structure that encompasses both cases.

Labour economicsDomestic labourEndowmentmedia_common.quotation_subject05 social sciencesSmall open economyFactor price0502 economics and business8. Economic growthUnemploymentEconomicsProduction (economics)050207 economicsInvoluntary unemployment050205 econometrics media_commonSSRN Electronic Journal
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Institutionelle Rahmenbedingungen: Die europäische Bananenmarktordnung im Konflikt mit GATT und WTO

2000

Bis Ende des Jahres 1994 gab es keine internationale Organisation, die fur Fragen des internationalen Guter- und Dienstleistungshandels zustandig gewesen ware. Stellvertretend fur eine Organisation fungierte das Allgemeine Zoll- und Handelsabkommen GATT (General Agreement an Tariffs and Trade) aus dem Jahr 1947. Dieses Abkommen bildete die Grundlage fur mehrere internationale Verhandlungsrunden, in deren Verlauf in den Jahrzehnten nach dem zweiten Weltkrieg die administrativen Beschrankungen fur den grenzuberschreitenden Guterhandel deutlich verringert wurden. Die bislang achte und letzte dieser Verhandlungsrunden war die sogenannte Uruguay-Runde von 1986 bis 1994. Ihr wichtigstes Resultat …

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