Helpman, Elhanan; Redding, Stephen James; Itskhoki, Oleg - National Bureau of Economic Research (NBER) - 2008
consistent with increasing inequality in every country, growth in residual wage inequality, rising unemployment, and reallocation … within and between industries. While the opening of trade yields welfare gains, unemployment and inequality within sectors … nonmonotonic effects on unemployment and inequality within sectors. As aggregate unemployment and inequality have within- and …