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Trade, Offshoring, and the Invisible Handshake

Karabay, Bilgehan; McLaren, John - National Bureau of Economic Research (NBER) - 2009

integration of commodity markets (i.e., free trade) and international integration of factor markets (i.e., offshoring). In a two …-country, two-good, two-factor model we show that free trade and offshoring have opposite effects on rich-country workers. Free … trade hurts rich-country workers, while reducing the volatility of their wages; by contrast, offshoring benefits them, while …

Persistent link: https://www.econbiz.de/10005025632

Looking for Local Labor Market Effects of NAFTA

McLaren, John; Hakobyan, Shushanik - National Bureau of Economic Research (NBER) - 2010

Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by industry and by geography, measuring each industry's vulnerability to Mexican imports, and each locality's dependance on vulnerable industries. We find evidence of both effects,...

Persistent link: https://www.econbiz.de/10008727856

Some Simple Analytics of Trade and Labor Mobility

Chaudhuri, Shubham; McLaren, John - National Bureau of Economic Research (NBER) - 2007

We study a simple, tractable model of labor adjustment in a trade model that allows us to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, we can use duality techniques to study the equilibrium, and despite its simplicity a rich...

Persistent link: https://www.econbiz.de/10005828866

Trade Shocks and Labor Adjustment: A Structural Empirical Approach

Artuc, Erhan; Chaudhuri, Shubham; McLaren, John - National Bureau of Economic Research (NBER) - 2007

The welfare effects of trade shocks depend crucially on the nature and magnitude of the costs workers face in moving between sectors. The existing trade literature does not directly address this, assuming perfect mobility or complete immobility, or adopting reduced-form approaches to estimation....

Persistent link: https://www.econbiz.de/10005830786

Trade Shocks and Labor Adjustment: Theory

Cameron, Stephen; Chaudhuri, Shubham; McLaren, John - National Bureau of Economic Research (NBER) - 2007

We construct a dynamic, stochastic rational expectations model of labor reallocation within a trade model that is designed so that its key parameters can be estimated for trade policy analysis. A key feature is the presence of time-varying idiosyncratic moving costs faced by workers. As a...

Persistent link: https://www.econbiz.de/10005774848

Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility

Artuç, Erhan; McLaren, John - National Bureau of Economic Research (NBER) - 2012

A number of authors have argued that a worker's occupation of employment is at least as important as the worker's industry of employment in determining whether the worker will be hurt or helped by international trade. We investigate the role of occupational mobility on the effects of trade...

Persistent link: https://www.econbiz.de/10010586208

Recent Findings on Trade and Inequality

Harrison, Ann E.; McMillan, Margaret Mcmillan; McLaren, John - National Bureau of Economic Research (NBER) - 2010

) income inequality. These include within-industry effects due to heterogeneous firms; effects of offshoring of tasks; effects …

Persistent link: https://www.econbiz.de/10008674236