Asatryan, Zareh; Braun, Sebastian; Lechthaler, Wolfgang; … - 2014
Fears of rising wage inequality and job loss loom large in current debates on free trade. Surprisingly, however, there … exists little academic research on how to compensate those who lose from free trade. This policy paper reviews the existing … theoretical literature on trade and compensation, and derives guidelines on how to design compensation schemes in practice. The …