Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...

Understanding the links between increasing foreign competition and domestic employment and job loss -- Evidence from earlier studies -- Inside manufacturing : trends in international trade, employment, and job loss -- Modeling labor market responses to changes in trade and import competition --...

While most standard economic models of international trade assume full employment, Carl Davidson and Steven Matusz have argued over the past two decades that this reliance on full-employment modeling is misleading and ill-equipped to tackle many important trade-related questions. This book...