In this paper we demonstrate that intra-industry trade (or FDI)between identical countries could produce theobserved … deterioration in the relative wages of unskilled workers.This involves a model of North-Northintegration through either increased … trade flows or increased MNE-based production. Our motivation in this regardis arguments to the effect that trade cannot be …

Neoclassical trade theory suggests that factor price convergence should follow increased commercial integration. Rising … commercial integration and foreign direct investment followed the 1994 North American Free Trade Agreement between the United … 2011. We apply a synthetic panel approach to employment survey data and a more descriptive approach to Census data from …

and employment opportunities of low-skilled workers tended to improve until about 1980, but have deteriorated since then …

rising trade and financial integration, appears overall distributional neutral once other factors, in particular changes in … employment rates. Up-skilling provided a sizable counterweight to the increase in earnings inequality resulting from …

simulations to understand how trade affects economic outcomes in the presence of informality. We show the following: 1) Trade … productivity gains from trade are understated when the informal sector is omitted. 3) Trade openness results in large welfare gains … even when informality is repressed. 4) Repressing informality increases productivity but at the expense of employment and …

simulations to understand how trade affects economic outcomes in the presence of informality. We show that: (1) Trade openness … gains from trade are understated when the informal sector is omitted. (3) Trade openness results in large welfare gains even … when informality is repressed. (4) Repressing informality increases productivity, but at the expense of employment and …

simulations to understand how trade affects economic outcomes in the presence of informality. We show that: (1) Trade openness … gains from trade are understated when the informal sector is omitted. (3) Trade openness results in large welfare gains even … when informality is repressed. (4) Repressing informality increases productivity, but at the expense of employment and …

simulations to understand how trade affects economic outcomes in the presence of informality. We show the following: 1) Trade … productivity gains from trade are understated when the informal sector is omitted. 3) Trade openness results in large welfare gains … even when informality is repressed. 4) Repressing informality increases productivity but at the expense of employment and …

an increase in wages. Offshoring is negatively related to the prevalence of wage markups. This also holds for the …