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Import Competition and the Great U.S. Employment Sag of the 2000s
Acemoglu, Daron - 2014
understood. In this paper, we explore the contribution of the swift rise of import competition from China to sluggish U … import competition from China over the period 1999 to 2011. The estimated employment effects are larger in magnitude at the … local labor market level, consistent with local general equilibrium effects that amplify the impact of import competition …
Persistent link: https://www.econbiz.de/10012458271
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Culture, Institutions and Social Equilibria : A Framework
Acemoglu, Daron; Robinson, James A. - National Bureau of Economic Research - 2021
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment and shifts in political power. Specifically, we...
Persistent link: https://www.econbiz.de/10012533381