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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/10013048616

Import competition and the great US employment sag of the 2000s

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2015

a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major … competition over 1999 through 2011 in the range of 2.0 to 2.4 million. …

Persistent link: https://www.econbiz.de/10010528574

The Rise and Decline of General Laws of Capitalism

Acemoglu, Daron; Robinson, James Alan - 2014

Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...

Persistent link: https://www.econbiz.de/10013039764

Productivity Differences between and within Countries

Acemoglu, Daron - 2010

We document substantial within-country (cross-municipality) differences in incomes for a large number of countries in the Americas. A significant fraction of the within-country differences cannot be explained by observed human capital. We conjecture that the sources of within-country and...

Persistent link: https://www.econbiz.de/10013152224

Determinants of Vertical Integration : Finance, Contracts, and Regulation

Acemoglu, Daron; Robinson, James Alan; Mitton, Todd - 2010

We study the determinants of vertical integration in a new dataset of over 750,000 firms from 93 countries. Existing evidence suggests the presence of large cross-country differences in the organization of firms, which may be related to differences in financial development, contracting costs or...

Persistent link: https://www.econbiz.de/10012762442

Economic and Political Inequality in Development : The Case of Cundinamarca, Colombia

Acemoglu, Daron; B., M.; Querubín Borrero, Pablo; … - 2010

Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic growth in general, but also that differences in economic...

Persistent link: https://www.econbiz.de/10012759965

Credit Market Imperfections and Persistent Unemployment

Acemoglu, Daron - 2021

This paper develops the thesis that credit market frictions may be an important contributor to high unemployment in Europe. When a change in the technological regime necessitates the creation of new firms, this can happen relatively rapidly in the U.S. where credit markets function efficiently....

Persistent link: https://www.econbiz.de/10013240945

Patterns of Skill Premia

Acemoglu, Daron - 2021

In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...

Persistent link: https://www.econbiz.de/10013243426

The Ups and Downs of Turkish Growth, 2002-2015 : Political Dynamics, the European Union and the Institutional Slide

Acemoglu, Daron - 2015

We document a change in the character and quality of Turkish economic growth with a turning point around 2007 and link this change to the reversal in the nature of economic institutions, which underwent a series of growth-enhancing reforms following Turkey's financial crisis in 2001, but then...

Persistent link: https://www.econbiz.de/10013014300