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In this chapter, Daniel Schwanen addresses the impact of the major trade liberalization efforts undertaken by Canada and its trading partners beginning with the Canada-U.S. Free Trade Agreement (FTA) in 1989. The author focuses in particular on the question of whether liberalized trade could...
Persistent link: https://www.econbiz.de/10005518909
The U.S. labor share of income has been on a secular downward trajectory since thebeginning of the new millennium. Using data that are disaggregated across both state andindustry, we show the decline in the labor share is broad-based but the extent of the fallvaries greatly. Exploiting a new...
Persistent link: https://www.econbiz.de/10012948535
This paper sheds light on the importance of aggregation bias in the analysis of wage shares developments over time and across countries. We focus on five European countries and the United States and show that the trend decline in the aggregate wage share observed in these countries over much of...
Persistent link: https://www.econbiz.de/10012445356
This paper sheds light on the importance of aggregation bias in the analysis of wage shares developments over time and across countries. We focus on five European countries and the United States and show that the trend decline in the aggregate wage share observed in these countries over much of...
Persistent link: https://www.econbiz.de/10014118182
Undocumented migration from the Northern Triangle countries (El Salvador, Guatemala and Honduras) to the United States has been steadily increasing over the past 30 years, accelerating at times. The paper investigates what factors could explain this fact, by estimating an investment decision...
Persistent link: https://www.econbiz.de/10014257752
In this paper, we investigate the scale of the drop in American imports after it imposed punitive tariffs on Chinese goods. Our analysis spans the whole period of Donald Trump's presidency (January 2017 - January 2021). In contrast to existing studies, which are mainly devoted to the impact of...
Persistent link: https://www.econbiz.de/10014339778
We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in …: the high initial manufacturing wage premium and the high level of income inequality. The manufacturing wage premium … declined between the 1980s and the 2000s in the United States, but it does not explain the contemporaneous rise in inequality …
Persistent link: https://www.econbiz.de/10012052312
by personal inequality, capital intensity and trade, while the Gini statistic is fueled by the falling labour share and … inequality, although financialisation is the most important factor in absolute terms. In the post-Great Recession years of tense …
Persistent link: https://www.econbiz.de/10011756104
In an article published in Development and Change in 2011, I suggested an alternative measure of inequality to the Gini … article has evolved to become a further attempt at contributing to the literature on inequality and the statistics to measure … it. As in my 2011 paper, in this one I also conclude that if we want to understand why inequality is so unequal across …
Persistent link: https://www.econbiz.de/10010949350
We discuss the effects of offshoring on the labor market in a matching model with endogenous adjustment of educational skills. We carry out a comparative statics analysis and show that offshoring leads to a restructuring of the economy through skill-biased technical change (SBTC) where overall...
Persistent link: https://www.econbiz.de/10012107297