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This paper studies a simple, tractable model of labor adjustment in a trade model that allows researchers to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, duality techniques can be employed to study the equilibrium and, despite...
Persistent link: https://www.econbiz.de/10012937684
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. This paper investigates the role of occupational mobility on the effects of...
Persistent link: https://www.econbiz.de/10012974997
This survey reviews research on how workers and labor markets respond to trade shocks, with an emphasis on recent and ongoing work and on dynamic rather than static analysis. Some studies estimate rich models of worker behavior, while others simplify the worker's problem to embed it in a rich...
Persistent link: https://www.econbiz.de/10013294351