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...

In an evaluation of a job-training program, the influence of the program on the in-dividual wages is important, because it reflects the program effect on human capital. Esti-mating these effects is complicated because we observe wages only for employed individuals, and employment is itself an...

In an evaluation of a job-training program, the influence of the program on the individual wages is important, because it reflects the program effect on human capital. Estimating these effects is complicated because we observe wages only for employed individuals, and employment is itself an...