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Trade Shocks and Labor Adjustment : Theory

Cameron, Stephen V. - 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/10012775868

Wage Structures and Labor Turnover in the U.S. And in Japan

Mincer, Jacob - 2011

proximate reason for the strong degree of worker attachment to the firm in Japan. The greater emphasis on training and …. Using productivity growth indexes for industries in the U.S. and in Japan we test the hypothesis that rapid technical change … to Japan than to the U.S …

Persistent link: https://www.econbiz.de/10012756884

Changes in the Structure of Wages : the U.S. Versus Japan

Katz, Lawrence F.; Revenga, Ana - 2021

This paper examines changes in wage differentials by educational attainment and experience in the US. and Japan since … wage premium has increased only slightly in Japan. In contrast to the large expansion in experience differentials for high … and college graduates in Japan from 1979 to 1987. Macroeconomic factors (increased openness, trade deficits, and labor …

Persistent link: https://www.econbiz.de/10013210697

Trade, technology, and wages : a tale of two countries

Jones, Ronald Winthrop - In: The American economic review 86 (1996) 2, pp. 35-40

Persistent link: https://www.econbiz.de/10001204220

Productivity Measurement and the Impact of Trade and Technology on Wages : Estimates for the U.S., 1972-1990

Feenstra, Robert C.; Hanson, Gordon H. - 2021

We develop an empirical framework to assess the importance of trade and technical change on the wages of production and nonproduction workers. Trade is measured by the foreign outsourcing of intermediate inputs, while technical change is measured by the shift towards high-technology capital such...

Persistent link: https://www.econbiz.de/10013219298

Shifts in U.S. Relative Wages : The Role of Trade, Technology and Factor Endowments

Baldwin, Robert E. - 2010

This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated compared to more educated workers between 1967 and 1992: increased import competition, changes in the relative supplies of labor of different education levels and changes in...

Persistent link: https://www.econbiz.de/10012763662

Who Gains from Trade Reform? Some Remaining Puzzles

Harrison, Ann E.; Hanson, Gordon H. - 2021

This paper focuses on three unresolved issues with regard to the impact of trade reform. First, many studies linking trade reform to long run growth are surprisingly fragile. To illustrate the problems with this literature, we examine a popular measure of openness recently introduced by Sachs...

Persistent link: https://www.econbiz.de/10013226555

Trade Reforms and Wage Inequiality in Colombia

Attanasio, Orazio; Goldberg, Pinelopi; Pavcnik, Nina - 2021

We investigate the effects of the drastic tariff reductions of the 1980s and 1990s in Colombia on the wage distribution. We identify three main channels through which the wage distribution was affected: increasing returns to college education, changes in industry wages that hurt sectors with...

Persistent link: https://www.econbiz.de/10013228606

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

Artuc, Erhan - 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/10013098479

Trade and Wages : Insights from the Crystal Ball

Lawrence, Robert Z.; Evans, Carolyn L. - 2021

This study uses both a net factor content analysis and a small simulation model to explore the impact on the U.S. labor market of a fivefold increase in imports of manufactured goods from developing countries. The simulation, which is parameterized by the US economy in 1990, involves a balanced...

Persistent link: https://www.econbiz.de/10013226923