Trade Shocks and Labor Adjustment: A Structural Empirical Approach

Trade Shocks and Labor Adjustment: A Structural Empirical Approach

The welfare effects of trade shocks turn on the nature and magnitude of the costs workers face in moving between sectors. Using an Euler-type equilibrium condition derived from a rational expectations model of dynamic labor adjustment, we estimate the mean and variance of workers' switching cos...

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Bibliographic Details
Main Authors: Artuc, Erhan, Chaudhuri, Shubham, McLaren, John
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Employment
Unemployment
Wages
Intergenerational Income Distribution
Aggregate Human Capital E240
Trade Policy
International Trade Organizations F130
Trade and Labor Market Interactions F160
Online Access:http://hdl.handle.net/10986/4714

Internet

http://hdl.handle.net/10986/4714

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