Front Matter -- Contents -- Preface -- Executive Summary -- Introduction 1 -- Introduction 2 -- Welcome to the New Economy -- Defining and Measuring the New Economy -- Drivers of the New Economy -- Communications and Software -- Applications and Policy Issues -- Roundtable Discussion -- Appendix...

We juxtapose the effects of trade and technology on employment in U.S. local labor markets between 1990 and 2007. Labor markets whose initial industry composition exposes them to rising Chinese import competition experience significant falls in employment, particularly in manufacturing and among...