find that openness to international trade has quantitatively important effects, leading to higher wage inequality and lower …, leading to a link between a firm’s operating profits and wages of workers employed by this firm. We estimate the parameters of …

2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter …We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …

has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the … workers buy personal services. Fiercer foreign competition triggered by technological catching up shifts production jobs …

with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a …

on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …

Mexico experienced a tremendous expansion of its export-processing maquila sector during the 1990s. At the same time, a … market outcomes in Mexico. We develop a heterogeneous firm model with imperfect labor markets that captures salient features …

union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases …

real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … effects of trade liberalization. We show that the gains from trade will be distributed very unequally. While unskilled workers …