Jobs, Jobs, Jobs: A “New” Perspective on Protectionism
在一个存在搜寻摩擦的小型开放经济中分析保护主义的决定因素，指出保护政策通过提高国内价格吸引企业进入特定行业，从而增加工人就业机会并使其获得租金，有助于解释贸易保护的结构性特征和个体政策偏好。
This paper analyzes the determinants of protectionism in a small open economy with search frictions. In this environment, jobs generate rents whose access depends on the level of trade protection. By raising the domestic price of a good, a government may attract more firms in a particular industry. This raises the probability that workers will find jobs in this sector, and in turn, will benefit from the associated rents. Though simple, this channel may help explain a variety of stylized facts on the structure of trade protection and individual trade-policy preferences.