A Quantitative Trade Model with Unemployment

KyuYup,Lee

ExecutiveSummary

1.Introduction

2.theModel
2-1.Consumer
2-2.Firm
2-3.Labormarketandproduction
2-4.Internationaltrade

3.Equilibrium
3-1.Ontheequilibrium
3-2.Changesinequlibrium
3-3.Solutionalgorithm

4.ConumterfactualAnalysisBasedontheModel
4-1.ArevisittoCaliendoandParro(2015)
4-2.ThewelfareeffectofChina`stariffreductions

5.Conclusion

References
Appendix