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In this paper we examine the possible distributional impacts of new trade barriers associated with the new Trade and … new trade barriers. Looking across areas, we find that exposure to new Brexit trade barriers is uncorrelated with measures …
Persistent link: https://www.econbiz.de/10012665590
We examine the distributional consequences of post-Brexit trade barriers on wages in the UK. We quantify changes in … trade costs across industries accounting for input-output links across domestic industries and global value chains. We allow … individual and household level. Blue-collar workers are the most exposed to negative consequences of higher trade costs, because …
Persistent link: https://www.econbiz.de/10012625365
In this paper we examine the possible distributional impacts of new trade barriers associated with the new Trade and … new trade barriers. Looking across areas, we find that exposure to new Brexit trade barriers is uncorrelated with measures …
Persistent link: https://www.econbiz.de/10012816079
Persistent link: https://www.econbiz.de/10012254057
find that both poverty and wage inequality rise in all European countries. Under four different scenarios (2 months of … ranges between 3.5% to 7.3% depending on the scenario considered. Decomposing overall wage inequality in Europe, we find that … lockdown and social distance measures produce a double process of divergence: both inequality within and between countries …
Persistent link: https://www.econbiz.de/10012832437
We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks … inequality and welfare up to first- and second order. Inequality arises in equilibrium due to a combination of changes in income …-improving policies can have strong effects on both welfare and inequality, but the impact is both quantitatively and qualitatively …
Persistent link: https://www.econbiz.de/10013443717
Mexican wage inequality rose following Mexico's accession to the General Agreement on Tariffs and Trade/World Trade … Organization in 1986. Since the mid-1990s, however, wage inequality has been falling. Since most trade models suggest that output …, but these prices flattened by 1999 and thus cannot explain the subsequent decline in wage inequality. An alternative trade …
Persistent link: https://www.econbiz.de/10011526745
levels of inequality. In other words, a higher level of "elitism", i.e., large gap in quality of universities, and tight … inequality than most of the other OECD countries. …
Persistent link: https://www.econbiz.de/10011894336
Persistent link: https://www.econbiz.de/10012878512
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373215