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This paper shows that import exposure affects voting behavior because it affects local labor markets. We develop a new framework for mediation analysis where one instrumental variable is sufficient to identify three causal effects. Using German data from 1987-2009, we find that import exposure...
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I analyze the impact of a low-wage trade shock on manufacturing workers in a high-wage country, Denmark, and how they adjust to the shock over a decade across all potential adjustment margins, in the labor market and outside. My research illustrates the importance of industry-specific human...
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markets, based on federal merger scrutiny guidelines, and that concentration generally decreases wages. For example, moving … from a market with an HHI of zero to a market comprised of two employers lowers H-1B worker wages approximately 10 percent …, and a pure monopsony (one employer) reduces wages by 13 percent. A simulation shows that wages under pure monopsony could …
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