Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In … this paper, we analyze the migration response of American workers to two of the most important shocks that hit US … for the different migration responses triggered by the two shocks. Next, we present a model where workers are …

Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In … this paper, we analyze the migration response of American workers to two of the most important shocks that have hit Western … reduction in population size, whereas trade with China did not. The decline in population size due to robots resulted from …

We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and … endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient …, our model is well suited to study the impacts of trade integration on aggregate productivity and factor prices. Using …

We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and … endogenously determined wages. Trade integration favours wage convergence, boosts competition, and forces the least efficient firms … model is well suited to studying the impact of trade integration on aggregate productivity and factor prices. Using Canada …