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offshoring and international trade. …
Persistent link: https://www.econbiz.de/10010941119
How do offshoring and immigration affect the employment of native workers? What kinds of jobs suffer, or benefit, most … looked at the effects of offshoring and immigration separately, we argue that one can gain useful insights by jointly …. Third, we use the model to draw systematic predictions about the effects of immigration and offshoring on native workers and …
Persistent link: https://www.econbiz.de/10010550423
This paper presents novel empirical evidence on key predictions of heterogeneous firm models by examining stock market reactions to the Canada-United States Free Trade Agreement of 1989 (CUSFTA). Using the uncertainty surrounding the agreement's ratification, I show that the pattern of abnormal...
Persistent link: https://www.econbiz.de/10009359513
We examine the qualitative and quantitative predictions of a heterogeneous firm model à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage, simulate the trade liberalization, and compute the...
Persistent link: https://www.econbiz.de/10008542747