into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality …

Since the expansion of world trade in the 1980s, measures of inequality have risen not only in developed countries, but … also throughout the developing world. This stylized fact is contrary to the predictions of classical trade theory that in … empirically tests the effects of trade on wage inequality in a differentiated panel framework where countries are classified …

. Whereas trade does not affect the firm-internal assignment of workers to tasks in a setting with fully flexible wages, it … consequences for firm-level productivity, if low-skilled wages are fixed by a minimum wage. In this case, trade leads to higher per …

firms. Whereas trade does not affect the firm-internal assignment of workers to tasks, it reduces the range of tasks … minimum wage. In this case trade leads to higher per-capita income for both skill types and thus to higher welfare in the open …

on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …

emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …

simulations to understand how trade affects economic outcomes in the presence of informality. We show that: (1) Trade openness … gains from trade are understated when the informal sector is omitted. (3) Trade openness results in large welfare gains even … welfare. (5) The effects of trade on wage inequality are reversed when the informal sector is incorporated in the analysis. (6 …