Showing 1 - 10 of 59
into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality …
Persistent link: https://www.econbiz.de/10010292022
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United … clerical occupations, is largely uncorrelated with regional exposure to trade competition from China. While the impacts of … technology are present throughout the United States, the impacts of trade tend to be more geographically concentrated, owing in …
Persistent link: https://www.econbiz.de/10010293232
recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …
Persistent link: https://www.econbiz.de/10010299558
recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …
Persistent link: https://www.econbiz.de/10010301325
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011615862
This paper focuses on the decomposition of observed increases in UK wage inequality since 1979 into the component factors of competition from low-wage imports and technological change. Building on recent work by Abrego and Whalley, it argues that the length of production run and degree of .xity...
Persistent link: https://www.econbiz.de/10009461192
China's emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it … has challenged much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside the … heralded consumer benefits of expanded trade are substantial adjustment costs and distributional consequences. These impacts …
Persistent link: https://www.econbiz.de/10011479266
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10012425595
emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …
Persistent link: https://www.econbiz.de/10012882490
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced … trade only nominal factor prices. International financial flows will not alter pattern of trade, but movement of labour and … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit …
Persistent link: https://www.econbiz.de/10013266637