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linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal … experiments are considered. First, we show that trade liberalization under minimum wages differs significantly from trade … workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …
Persistent link: https://www.econbiz.de/10005087447
with the theory, we find considerable evidence of higher wages and wage growth in large and/or foreign-owned firms. These … firms have higher wage growth and, with some exceptions, pay higher average wages, but not when compared to similarly large …
Persistent link: https://www.econbiz.de/10005720025
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
This paper provides an integrated view of globally engaged U.S. firms by exploring a newly developed dataset that links U.S. international trade transactions to longitudinal data on U.S. enterprises. These data permit examination of a number of new dimensions of firm activity, including how many...
Persistent link: https://www.econbiz.de/10005050403
We link industry-level data on trade and offshoring with individual-level worker data from the Current Population … worker wages through the reallocation of workers away from higher wage manufacturing jobs into other sectors and other …
Persistent link: https://www.econbiz.de/10005036809
) income inequality. These include within-industry effects due to heterogeneous firms; effects of offshoring of tasks; effects …The 1990's dealt a blow to traditional Heckscher-Ohlin analysis of the relationship between trade and income inequality …, as it became clear that rising inequality in low- income countries and other features of the data were inconsistent with …
Persistent link: https://www.econbiz.de/10008674236
We develop a dynamic labor search model where production and consumption take place in spatially distinct labor markets with varying exposure to domestic and international trade. The model recognizes the role of labor mobility frictions, goods mobility frictions, geographic factors, and...
Persistent link: https://www.econbiz.de/10011276450
While neoclassical theory emphasizes the impact of trade on wage inequality between occupations and sectors, more … the estimated model provides a close approximation to the observed distribution of wages and employment. We use the …
Persistent link: https://www.econbiz.de/10011227960
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
determining wages are all very similar to what have been used in previous reduced-form analyses. We use U.S. data on the … allocation of workers to occupations and computer usage as well as changes in average wages across worker groups between 1984 and … measured without directly using data on changes in wages, jointly explain the majority of the rise in the skill premium and …
Persistent link: https://www.econbiz.de/10011123621