Carneiro, Rafael Dix; Pessoa, João Paulo; … - National Bureau of Economic Research - 2021
model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … implications for the gains from trade, and we revisit the "China Shock" through the lens of our model. We show that the US enjoys a …