workers get paid roughly 45% of their MRPL. Following the US-Vietnam Bilateral Trade Agreements (BTA) that significantly … indicates substantial wedges between equilibrium marginal revenue products of labor (MRPL) and wages, suggesting that marginal … reductions see relatively faster employment growth, faster increase in labor share, and faster decline in their incurred labor …

In a heterogeneous-firm model with oligopsonistic local labor markets, this paper shows that opening up to trade can … distortion and examine their evolution following China's trade policy reform in 2001. I find that labor market distortion is … pervasive and the trade policy reform has led to a net reduction of the distortion in China's manufacturing sector, with a …

domestic labor force at the sector-level. In order to better elucidate the offshoring employment relationship, this paper …

Estimates of labor mobility costs are needed to assess the responses of employment and wages to a trade shock when … markets (wages and employment) to trade policy. … worldwide. Our estimator matches observed employment flows with those flows predicted by a model of costly labor adjustment. We …

This paper evaluates the effects of a fall in payroll taxes on employment and wages in the presence of high labor … formality. The model suggests that the reform would increase total employment by between 0.3 to 0.5 percent and formal … employment by between 3.4 to 3.7 percent over the pre-reform scenario. In addition, formal wage rates would increase by 4 …

The phased elimination of the Multi-Fibre Arrangement has been one of the most compelling trade policy reforms of the … global south. The textile and clothing industry is the largest foreign exchange earner and the largest employment provider in … under which such a global policy could well raise labourers' income and generate more employment. …