Showing 1 - 10 of 131
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/10012775867
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
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
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
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
Persistent link: https://www.econbiz.de/10001204220
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
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
Persistent link: https://www.econbiz.de/10009706488
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