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Instrumental variables (IV) are a common means to identify treatment effects. But standard IV methods do not allow us to unpack the complex treatment effects that arise when a treatment and its outcome together cause a second outcome of interest. For example, IV methods have been used to show...
Persistent link: https://www.econbiz.de/10012455472
We examine the relationship between import competition from low wage countries and the reallocation of US manufacturing from 1977 to 1997. Both employment and output growth are slower for plants that face higher levels of low wage import competition in their industry. As a result, US...
Persistent link: https://www.econbiz.de/10012469540
This chapter investigates the non-market response of firms to international trade shocks increasing the level of competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The effect on lobbying is not homogeneous across firms...
Persistent link: https://www.econbiz.de/10012616568
Intense US-China commercial rivalry is quantified in this paper with novel non-parametric relative resistance sufficient statistics. The accounting method minimizes the demand specification error variance in revealed resistances. China's manufacturing seller incidence falls (seller price rises)...
Persistent link: https://www.econbiz.de/10014576571
sensitivity of employment to the domestic price of imports varies significantly across these nine sectors, whereas industry wages … of unemployment and wages so generated and the actual, historical paths are attributed to the effects of import … in wages in two industries, among the nine studied …
Persistent link: https://www.econbiz.de/10012478064
is widely applied. It serves as the basis for estimating the impact of trade on wages using two-sector simulation models …
Persistent link: https://www.econbiz.de/10012462550
This paper analyzes economic behavior and the effects of training and income support policies in the low wage labor market for women. The opportunity set takes account of nonlinearities and discontinuities associated with career interruption, part-time work, and government programs. There are...
Persistent link: https://www.econbiz.de/10012477032
progressivity as average wages fall along with individual wages …
Persistent link: https://www.econbiz.de/10012479510
, we estimate the effect of the minimum wage on the frequency distribution of hourly wages using 138 prominent state … no evidence of disemployment when we consider higher levels of minimum wages. However, we do find some evidence of …
Persistent link: https://www.econbiz.de/10012479390
We measure workers' preferences for wages and non-wage amenities at America's largest employer, Walmart, using targeted … literature. We document significant complementarities between wages and non-wage amenities, suggesting that measures of monopsony …
Persistent link: https://www.econbiz.de/10013388797