Globalisation and Labour Market Adjustment

PAULO BASTOS Research Fellow, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, UK CARL DAVIDSON Professor of Economics, Michigan State University, USA BARBARA DLUHOSCH Professor of Economics, Helmut-Schmidt University, Germany ROD FALVEY Professor of International Economics, University of Nottingham, UK INGO GEISHECKER Researcher at the Chair of Wolfram Schrettl, Department of Economics and Institute of East-European Studies, Freie Universitat, Germany HOLGER GORG Associate Professor and Reader in International Economics, University of Nottingham, UK; Programme Co-ordinator for Globalisation, Productivity and Technology, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, UK ALEXANDER HIJZEN Economist, Employment Analysis and Policy Division, OECD UDO KREICKMEIER Associate Professor in Economics, University of Nottingham, UK SARA MAIOLI Lecturer in Economics, Newcastle University Business School, Newcastle, UK STEVE MATUSZ Professor of Economics, Michigan State University, USA DOUGLAS NELSON Professor of Economics, Murphy Institute of Political Economy, Tulane University, USA JOANA SILVA Research Fellow, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, UK NIVEN WINCHESTER Lecturer in Economics, University of Otago, New Zealand

Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.