Showing 141 - 150 of 191
With fast-track authority (FTA), the US Congress delegates trade-policy authority to the President by committing not to amend a trade agreement. We suggest an interpretation in which Congress uses FTA to forestall destructive competition between its members for protectionist rents. We show that...
Persistent link: https://www.econbiz.de/10012460848
In democracies, trade policy is the result of interactions among many agents with different agendas. In accordance with this observation, we construct a dynamic model of legislative trade policy-making in the realm of distributive politics. An economy consists of different sectors, each of which...
Persistent link: https://www.econbiz.de/10012461395
We study the impact of child labor standards in Regional Trade Agreements (RTAs) on a variety of child labor market outcomes, including employment, education, and household inequality. We develop a stylized general equilibrium model of child labor in an economy open to international trade and...
Persistent link: https://www.econbiz.de/10014226105
This paper studies the dynamics of trade reorientation experienced when a country joins a regional trade bloc. We find that the joining country's trade orientation toward bloc countries typically rises along an 'S'-shaped path. We estimate the size, speed, and timing of this adjustment path for...
Persistent link: https://www.econbiz.de/10014154204
This paper studies the impact of child labor standards in regional trade agreements on a variety of child labor market outcomes, including employment, education, and household inequality. It develops a stylized general equilibrium model of child labor in an economy open to international trade...
Persistent link: https://www.econbiz.de/10014247394
Historically, the trade research field has usually ignored dynamic adjustment of workers, but a recent wave of work has developed a rich set of theoretical and empirical tools to analyze this factor. Empirical approaches have ranged from reduced-form regressions to the structural estimation of...
Persistent link: https://www.econbiz.de/10014119907
This survey reviews research on how workers and labor markets respond to trade shocks, with an emphasis on recent and ongoing work and on dynamic rather than static analysis. Some studies estimate rich models of worker behavior, while others simplify the worker's problem to embed it in a rich...
Persistent link: https://www.econbiz.de/10013294351
We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized equilibrium model of global value chains, we find two contrasting results. First, each country chooses stricter labor standards with globalization than it would under autarky, because...
Persistent link: https://www.econbiz.de/10014322750
In a stylized model of multinational firms choosing host locations for their global value chains, host-country governments choose the strength of collective-bargaining rights that allow their workers to receive a share of the resulting quasi-rents. Each government must trade off the direct...
Persistent link: https://www.econbiz.de/10014322751
With fast-track authority (FTA), the US Congress delegates trade-policy authority to the President by committing not to amend a trade agreement. We suggest an interpretation in which Congress uses FTA to forestall destructive competition between its members for protectionist rents. We show that...
Persistent link: https://www.econbiz.de/10013111298