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model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … a 2.2 percent gain in response to globalization shocks. These gains would have been 73 percent larger in the absence of …
Persistent link: https://www.econbiz.de/10012498273
Persistent link: https://www.econbiz.de/10012509951
model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … 2.2% gain in response to globalization shocks. These gains would have been 73% larger in the absence of the global …
Persistent link: https://www.econbiz.de/10012607013
We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the … that modelling trade imbalances can lead to stark differences between short- and long-run consequences of globalization …
Persistent link: https://www.econbiz.de/10013334406
model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … 2.2% gain in response to globalization shocks. These gains would have been 73% larger in the absence of the global …
Persistent link: https://www.econbiz.de/10012482533
Persistent link: https://www.econbiz.de/10011399250
Bilateral trade imbalances are determined by aggregate trade imbalances, production and expenditure patterns, and trade barriers. We calibrate a dynamic many-sector trade model to match the recent sectoral trade and production shares of 40 economies and the rest of the world. Through a variance...
Persistent link: https://www.econbiz.de/10012064397
Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of unobservable bilateral trade costs. Second, the...
Persistent link: https://www.econbiz.de/10012391997
Persistent link: https://www.econbiz.de/10014432319
Persistent link: https://www.econbiz.de/10014574489