Fears of rising wage inequality and job loss loom large in current debates on free trade. Surprisingly, however, there … exists little academic research on how to compensate those who lose from free trade. This policy paper reviews the existing … theoretical literature on trade and compensation, and derives guidelines on how to design compensation schemes in practice. The …

, namely on increasing international trade flows, and will review the evidence on the effect of trade on inequality. Second …

trade liberalization on wage inequality. In the context of a dynamic trade model with costly labour mobility (Lechthaler and … Mileva, 2013), we show that the effect of trade liberalization on wage inequality depends on i) the time horizon considered …, ii) the degree of worker mobility, and iii) the degree of trade liberalization (partial/full). In the short-run, observed …

Directive and forthcoming General Data Protection Regulation; international negotiation of trade disciplines, most recently in … flows are costly and can hurt exports, especially of data-processing and other data-based services; international trade … privacy regulation. The way forward is to design trade rules (as the CPTPP seeks to do) that reflect the bargain central to …

This paper studies the trade effects of Covid-19 using monthly disaggregated trade data for 28 countries and multiple … show that the negative trade effects induced by Covid-19 shocks varied widely across sectors. Sectors more amenable to …