BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 14.4//EN BEGIN:VTIMEZONE TZID:Eastern Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Eastern Standard Time TZOFFSETFROM:-0400 TZOFFSETTO:-0500 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Eastern Daylight Time TZOFFSETFROM:-0500 TZOFFSETTO:-0400 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:TDPE presents: Entrepreneurs\, Jobs and TradeSpeaker: Bulent Un el (Louisiana State University)&\;#160\;Authors: Elias Dinopoulos and B ulent UnelThe authors propose a simple theory of endogenous firm productiv ity\, unemployment\, and personal income distribution. High-talented indiv iduals choose to become self-employed entrepreneurs and acquire more manag erial (human) capital\; whereas low-talented individuals become workers an d face the prospect of equilibrium unemployment. In the North-South global economy\, a move from autarky to free trade raises firm-level productivit y\, reduces unemployment\, raises inequality\, and may reduce welfare in t he North\; whereas trade openness reduces firm productivity\, increases un employment\, lowers inequality\, and raises welfare in the South. Unilater al job-creating policies implemented by North have &\;quot\;begger-thy neighbor&\;quot\; elements: while they increase welfare in both countri es\, they reduce Northern unemployment and raise Southern unemployment\; i ncrease the North-South gap in per-capita income and raise the North-South gap in the supply of entrepreneurs.Open to the PublicSponsored by the Tra de\, Development and Political Economy Program in the Moynihan Institute o f Global Affairs DTEND:20141006T210000Z DTSTAMP:20240329T135204Z DTSTART:20141006T200000Z LOCATION: SEQUENCE:0 SUMMARY:TDPE presents: Entrepreneurs\, Jobs\, and Trade UID:RFCALITEM638473027246734884 X-ALT-DESC;FMTTYPE=text/html:
TDPE presents: Entr epreneurs\, Jobs and Trade
Speaker: Bulent Unel (Louisiana State University)&\;#160\;
Authors: Elias Dinopoulos and Bulent Unel p>
The authors propose a simple theory of endogenous firm productivity\, unemployment\, and personal income distribution. High-talented individual s choose to become self-employed entrepreneurs and acquire more managerial (human) capital\; whereas low-talented individuals become workers and fac e the prospect of equilibrium unemployment. In the North-South global econ omy\, a move from autarky to free trade raises firm-level productivity\, r educes unemployment\, raises inequality\, and may reduce welfare in the No rth\; whereas trade openness reduces firm productivity\, increases unemplo yment\, lowers inequality\, and raises welfare in the South. Unilateral jo b-creating policies implemented by North have &\;quot\;begger-thy neigh bor&\;quot\; elements: while they increase welfare in both countries\, they reduce Northern unemployment and raise Southern unemployment\; increa se the North-South gap in per-capita income and raise the North-South gap in the supply of entrepreneurs.
Open to the Public
Spons ored by the Trade\, Development and Political Economy Program in the Moyni han Institute of Global Affairs
END:VEVENT END:VCALENDAR