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Globalization has been blamed for rising inequality in rich and poor countries. Yet the views of many protagonists in … empirical literature on the relationship between globalization and wage inequality. While the initial analysis that started in … cumulative effect has been modest, and that globalization does not explain the preponderance of the rise in wage inequality …
Persistent link: https://www.econbiz.de/10012977276
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...
Persistent link: https://www.econbiz.de/10013047018
We develop a simple model of international trade with heterogeneous firms that is consistent with a number of stylized features of the data. In particular, the model predicts positive as well as zero trade flows across pairs of countries, and it allows the number of exporting firms to vary...
Persistent link: https://www.econbiz.de/10012754002
Persistent link: https://www.econbiz.de/10009746114
While neoclassical theory emphasizes the impact of trade on wage inequality between occupations and sectors, more recent theories of firm heterogeneity point to the impact of trade on wage dispersion within occupations and sectors. Using linked employer-employee data for Brazil, we show that...
Persistent link: https://www.econbiz.de/10013107761
New developments in the world economy have triggered research designed to better understand the changes in trade and … transformation of the world economy. This paper reviews the literature that has emerged from these efforts. The theoretical …
Persistent link: https://www.econbiz.de/10013219328
Whether governments clash in trade disputes or negotiate over trade agreements, their actions in the international arena reflect political conditions back home. Previous studies of cooperative and noncooperative trade relations have focused on governments that are immune from political pressures...
Persistent link: https://www.econbiz.de/10013240527
is argued that significant benefits spill over to other countries in the world. The argument is supported by quantitative …
Persistent link: https://www.econbiz.de/10013243935
During the last two decades, new research has greatly advanced our understanding of the structure of world trade. This …
Persistent link: https://www.econbiz.de/10013311191
This paper develops a new framework for examining the distributional consequences of international trade that incorporates firm and worker heterogeneity, search and matching frictions in the labor market, and screening of workers by firms. Larger firms pay higher wages and exporters pay higher...
Persistent link: https://www.econbiz.de/10003868538